Power Sector Investors Demand Settlement of N50bn Debt to Reflate the Sector

Posted: February 10, 2017 at 7:14 pm   /   Government, Investors, Ministry of Power

Investors in the nation’s power sector have once again painted a gloomy picture of the power sector as they called for the settlement of N50 billion owed them and the introduction of a realistic tariff structure, reflective of the current rate of inflation and foreign exchange rate. The Chairman of Transcorp Power Ltd, Mr. Tony […]

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President Jonathan Commisssions Ayobo-Lagos New Transmission Substation

Posted: May 21, 2015 at 2:11 pm   /   Government, Investors, Ministry of Power, TCN

President Goodluck Jonathan, who has recently been on auto-pilot with inauguration of several critical projects, has declared that his administration has done more than any other administration in revitalising the power industry in Nigeria. The President made the declaration while officially commissioning the newly constructed Ayobo 2 x 60MVA, 132/33KV transmission substation in Ikeja West […]

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