Energy

Kaduna DisCo raises employee wages despite grappling with a N110 billion debt

The Kaduna Electricity Distribution Company has declared a 10% salary hike for its employees, despite grappling with a N110bn debt and other challenges. The Nigerian...

The power minister expresses concern over the electricity subsidy surging to N3 trillion

The Federal Government announced on Wednesday that Nigeria's power sector owes approximately N3.3tn to electricity generating companies and gas producers. Additionally, it disclosed that the...

A technical malfunction plunged 14 Ogun communities into a power outage, according to IBEDC

Currently, 14 communities in Ogun State are facing power outages, attributed by the Ibadan Electricity Distribution Company (IBEDC) to technical faults in power installations. IBEDC's...

Minister aims to attract increased investments in the gas sector

The Minister of State for Petroleum Resources, (Gas), Heineken Lokpobiri, urged increased investments in tapping into Nigeria's vast gas reserves during the 8th Sub-Saharan...

Government intends to impose penalties on underperforming Distribution Companies (Discos) to address outages

Power distribution companies in the Nigeria Electricity Supply Industry that fall below specified standards will face a 50% reduction in their operating expenditures, as...

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