HomeTagsPower

Tag: Power

FG cancels $717.7m World Bank...

The Federal Government has cancelled $717.7 million...

The Girl Who Escaped The...

The Girl Who Escaped The Eagle’s Nest:...

FG cancels $717.7m World Bank Power Sector loan amid reform setbacks

The Federal Government has cancelled $717.7 million in undisbursed World Bank intervention funds meant to support reforms in Nigeria’s troubled electricity sector. The decision followed a formal request by the Federal Government and a joint agreement with the World Bank to discontinue financing under the Power Sector Recovery Performance-Based Operation after key reform targets failed to materialise amid changing realities in the sector. Documents obtained from the World Bank showed that the cancellation affects the remaining balance of a broader $1.52 billion power sector recovery programme. “The restructuring will result in the...
Abdullahi Mustapha Haruna -
Local

Lagos axis load...

Lagos axis load shedding fallout of Egbin Power fire incident - TCN Story from Abah ADAH, Abuja The Transmission Company of Nigeria (TCN), has stated that...
Gift Luckson -
Nation

PMB appoints Aliyu...

PMB appoints Aliyu Tahir as NEMSA MD/CEO Story from Abah ADAH, Abuja President Muhammadu Buhari (PMB), had approved the appointment of Engr Aliyu Tukur Tahir as...
Gift Luckson -
Business & Economy

Discos suffer load...

There was a reduction in electricity load allocation to some distribution companies on Tuesday as power generation on the grip dropped by 571.5 megawatts...
Gift Luckson -
News

NASS, others should...

NASS, others should grant full autonomy to LGAs - Prof Ghali Story from Ibraheem Hamza MUHAMMAD Associate Professor of Political Science and International Relations, and director...
Gift Luckson -
Business & Economy

AEDC Management Revolution:...

AEDC Management Revolution: Nigerian govt distances self, gives reason Story from Abah ADAH, Abuja The Federal Government of Nigeria (FGN) has made clarifications on the circumstances...
Gift Luckson -
Business & Economy

We’re constrained by...

We're constrained by dispatch capacity not generation - GENCOs Story from Abah ADAH, Abuja The electricity generation companies (GENCOs) in Nigeria have stated that though they...
Gift Luckson -
International

Ford’s prediction echoes...

United States Vice President Kamala Harris will become the first woman to hold presidential powers in the history of the country. White House press secretary...
Neptune Prime -
Business & Economy

Group decries injustice...

Group decries injustice against electricity consumers by NERC, DisCos Story from Abah ADAH, Abuja Nigerian-based Association for Public Policy Analysis (APPA) has reaffirmed its stance that...
Gift Luckson -
Local

Day Of The...

Day Of The Girl Child: Gov. Ganduje temporarily hands over power to 14-year-old girl in Kano Kano State Governor, Dr Abdullahi Umar Ganduje, on Monday...
Maryam Umar -
spot_img

Create a website from scratch

With Newspaper Theme you can drag and drop elements onto a page and customize them to perfection. Try it out today and create the perfect site to express yourself!

Buy Now ⟶