Tag Archives: Vice President

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BPE Clears Controversy on Payments for PHCN’s Windup

BPE Clears Controversy on Payments for PHCN’s Windup

The Bureau of Public Enterprises, BPE, has formally written to the Vice-President, Prof. Yemi Osinbajo, to explain the role its Director General, Banjamin Dikki played in engaging the legal team that concluded the winding up exercise of defunct Power Holding Company of Nigeria, PHCN. Also in a related development, the Nigerian Electricity Regulatory Commission, NERC,

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Increase in Electricity Tariff Crucial to Power Sector’s Growth – Abiodun Ajifowobaje

Barely two years after the privatisation of the power sector, the operators, regulator and electricity consumers are still at a crossroads on the actual solution to the prevailing challenges. The Managing Director, Ikeja Electric, Abiodun Ajifowobaje, spoke on salient issues affecting the electricity value chain and proffers solutions.  Your customers have continued to solicit for

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Osinbajo to Sign Nigeria/UK Solar Energy Deal

Vice President, Yemi Osinbajo, yesterday left Abuja for the United Kingdom, to participate in the launching of the Energy Africa Campaign in London at an event holding today. During the three-day visit, Osinbajo is expected to sign a commitment on behalf of the Federal Government of Nigeria to partner with the United Kingdom government on

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Nigeria to Reach 6,000 Megawatts by March 2016 – Osinbajo

Vice President Yemi Osinbajo on Monday said the Federal Government had plans to distribute 6,000 megawatts of electricity in the country by the first quarter of 2016. According to a statement by the Senior Special Assistant on Media and Publicity to the Vice President, Laolu Akande, Mr. Osinbajo stated this at Kaleta in the Republic

FG Earmarks $4bn for Power Construction, Transmission

In its quest to provide adequate power supply the federal government has earmarked $4billion for the construction and rehabilitation of transmission infrastructure in the country. Also,  some of the major power projects that  attracted transmission such as the Mambila Hydro Power project, are to be executed under a public private partnership  (PPP) arrangement. Both the

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