CBN retains 5% interest rate for power sector, others
Sequel to its development finance initiative, the Central Bank of Nigeria has agreed to leave interest rates at five per cent per annum for critical
Tag : power sector
CBN retains 5% interest rate for power sector, others
Sequel to its development finance initiative, the Central Bank of Nigeria has agreed to leave interest rates at five per cent per annum for critical
Power sector: FG sinks more funds despite low performance
To boost electricity supply, the Federal Executive Council (FEC), presided over by President Muhammadu Buhari, again approved multi-billion naira contracts for the power sector yesterday.
FEC approves N1.4bn for power sector
The Federal Executive Council (FEC) has approved N1.4 billion for the supply of more equipment for the Transmission Company of Nigeria (TCN) to boost electricity
Stakeholders urge synergy to address consumer rights in power sector
Stakeholders in the power sector has called for synergy of all players to address consumer rights and obligations. The stakeholders made the call in a
NBET assures of tremendous growth in power sector after completion of ongoing projects
The Nigerian Bulk Electricity Trading Company (NBET), has said that with ongoing projects across the country and removal of bottlenecks hindering the sector , Nigeria
Power sector roadmap needs recalibration — expert
An expert on power, Mr Kola Balogun, says Nigeria’s power sector roadmap needs to be recalibrated to overcome the challenges bedeviling the industry. Balogun, Chairman,
Gbajabiamila decries poor performance of power sector
Femi Gbajabiamila, Speaker of the House of Representatives, has expressed displeasure over the inability of the power sector to function optimally. Gbajabiamila made the observation
Consumer Network raises concerns about multiple taxes in power sector
The Nigeria Consumer Protection Network (NCPN) has insisted that the growing rate of multiple taxation in the nation’s electricity industry is worrisome. A legal practitioner
The power sector and electricity subsidy
Revelation that the Federal Government pays an estimated N30 billion every month as electricity subsidy is a clear indication of an inherent disorder with the
