Power Sector

Atiku Abubakar claims the Tinubu administration has finally embraced a decentralised electricity generation policy he first proposed more than 21 years ago, describing the shift as a delayed acknowledgement of a blueprint that could have transformed Nigeria's power...

Federal Government deploys ₦501bn to begin clearing power sector legacy debts, settling ₦333bn owed to eight GenCos operating 17 power plants. Tinubu administration pays first Series I bond coupon of ₦63.5bn on schedule, describing the move as proof...

April 19, (THEWILL) — The Minister of Power recently declared that Nigeria requires over $100 billion in public and private investment across generation, transmission and distribution to deliver reliable electricity. The figure is staggering. But is capital really the...

April 05, (THEWILL) — President Bola Tinubu has approved a landmark ₦3.3 trillion payment plan to resolve long-standing financial obligations in Nigeria’s power sector, in a decisive move expected to restore stability, improve electricity supply, and stimulate economic growth...

August 25, (THEWILL) — There was a delusion that the privatisation of the power sector - an existing, dilapidated monopoly - would be as straightforward and eventually beneficial as the transformative liberalisation of the telecommunications industry. What we are...

July 09, (THEWILL) — The federal government has disclosed that it is actively developing a plan to shift the power sector to a fully cost-reflective tariff regime. A statement signed by Bolaji Tunji, the Media aid to the Minister of...