Tinubu Appoints Akin-Olugbade as NISO Chairman, Bello as Managing Director

President Tinubu Announces Leadership for Nigerian Independent System Operator (NISO) ABUJA — President Bola Tinubu has announced key appointments for the newly formed Nigerian Independent System Operator (NISO), solidifying its leadership structure in compliance with the Electricity Act of 2023. Akin-Olugbade and Bello to Lead NISO In an official statement released by the presidential spokesman, […]

Tariff Hike to Boost Power Generation Capacity to 7,000MW – Minister of Power

Full List: Areas in Lagos Affected by NERC’s Electricity Tariff Increase Nigeria’s power sector has recently achieved a record-high electricity generation of 5,801.84 megawatts. According to the Minister of Power, Chief Adebayo Adelabu, the proposed electricity tariff increment will push the nation’s available power generation capacity to approximately 7,000MW. How Tariff Reforms Will Drive Power […]

2025: Power Sector Reforms Key to Accelerating Nigeria’s Economic Growth – Rewane

Economist Bismarck Rewane highlights the importance of power sector reforms in achieving Nigeria’s 2025 economic growth targets. Explore insights on inflation, Naira stability, and GDP forecasts. Prominent economist and CEO of Financial Derivatives Company Limited (FDC), Bismarck Rewane, has projected that power sector reforms will be crucial to achieving Nigeria’s 4.6% economic growth target for […]