August 2016

Stakeholders Identify Challenges to Improving power supply in Nigeria

Posted: August 29, 2016 at 10:21 pm   /   Discos, Gencos, Government, Ministry of Power

Major government representatives, power investors and other stakeholders in the power sector recently gathered in Lagos to put heads together on how to improve the state of power supply in Nigeria. The gathering was addressed by the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, Minister of Power, Works and Housing, Babatunde Fashola and […]

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New Problems for the Power Investors

Posted: August 18, 2016 at 10:53 pm   /   Discos, Gen. Biz, Gencos, Government, Ministry of Power

The investors in the power sector have started complaining about the huge loan burden they now have to factor into their operations following the new realities of foreign exchange regime. Several banks such as First Bank of Nigeria Holdings Plc; Zenith Bank Plc; United Bank for Africa Plc (UBA); Guaranty Trust Bank Plc (GTBank); Access […]

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