Nigeria concludes the sale of five power plants for $1 billion, aiming to boost revenue and efficiency. The bidding process, overseen by the Ministry of Power, involves assets jointly owned by the government.
In a landmark move, the Nigerian government has successfully concluded the sale of...
Famous singer Davido recently disclosed that his family operates four power plants, distributing energy to many Nigerians.
Speaking on a podcast, Davido mentioned their involvement in the energy sector alongside personal investments.
Additionally, he shared plans for a restaurant venture...
A study of the data obtained by German newspaper, Suddeutsche Zeitung, and ICIJ from two offshore secrecy providers (Appleby and Asiaciti Trust) and 19 secrecy jurisdictions showed that promoters of the power plant will earn as much as $28 million before the first light bulb comes alive from...
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The National Union of Electricity Employees, (NUEE), Senior Staff Association of Electricity and Allied Companies (SSAEAC), and Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) have threatened to shut down Egbin Power Station in Lagos and other electricity facilities across the...
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