October 2017

TCN MD Clarifies $1.5B Foreign Loan to Expand National Grid

Posted: October 30, 2017 at 12:09 pm   /   Government, Ministry of Power, Photo, TCN

The Managing Director/ CEO of TCN, Mr Usman Gur Mohammed has clarified the status and composition of the $1.5 billion multilateral donors loan which TCN plans to obtain from the World Bank, Islamic Development Bank, African Development Bank (AfDB) and three others for the National Grid network expansion. He said that the National Assembly may […]

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FG to Review Power Sector Privatisation, Investors to Cede Shares

Posted: October 15, 2017 at 6:19 am   /   Government, Ministry of Power

A new business structure is coming for the power industry. All the voices clamouring for change in the power sector as currently managed can start rejoicing as the Federal Government has disclosed that it is considering a review of the power sector privatisation to make it deliver the expected promise. The Minister of State for […]

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Peter Ewesor Reappointed MD of NEMSA

Posted: October 14, 2017 at 11:59 pm   /   EMS, Government

President Mohammed Buhari has approved the re-appointment of Mr Peter Ewesor as the Managing Director of the Nigerian Electricity Management Services Agengy, NEMSA, for a final term of four years in accordance with the provisions of Section 7(3) of Agency’s Act 2015. In a statement by the Office of the Secretary to the Federal Government […]

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