The Federal Government has proposed a N3.6tn deduction from the Federation Account to fund electricity subsidies in 2026, 2027, and 2028, a move designed to distribute the financial burden across ...

The end seems to be in sight for the perennial electricity blackout nationwide as the Federal Government has taken immediate steps to pay N3.3 trillion to 15 power plants for outstanding debts owed ...

Electricity consumers and experts have picked holes with President Bola Ahmed Tinubu’s recent N3.3 trillion settlement plan for the country’s decade-old legacy power sector debt. This comes after ...

President Bola Ahmed Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential Power Sector Financial Reforms Programme. This was disclosed by Bayo Onanuga, ...

The Special Assistant on Public Communication to former Vice President Atiku Abubakar, Phrank Shaibu, has criticised the Federal Government’s repeated rollout of a N3.3 trillion electricity ...