The inauguration of a board for the Nigeria Electricity Liability Management Company (NELMCO) will enhance ongoing efforts to resolve liabilities relating to tariff shortfalls for distribution companies, among other challenges plaguing Nigeria’s power sector, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo gave the assurance in his remarks delivered virtually on Friday at the inauguration of the new board of ...

Former Nigeria’s vice-president and presidential candidate of the Peoples Democratic Party, PDP, Alhaji Atiku Abubakar, has disclosed how he intends to solve Nigeria’s power sector problem if he is elected President in 2023. In a statement he personally signed, Atiku said having keenly observed developments in the power sector within the last 24 hours, he again convinced that his solution ...

Several protests have trailed the privatisation of the power sector in Nigeria. Pius Utomi Ekpei/AFP via Getty Images Okechukwu Marcellus Ikeanyibe, University of Nigeria In the mid-1980s, most of the countries in sub-Saharan Africa made structural changes to their economies in return for funding from the World Bank. The role of the public sector in owning and managing economic assets ...

DG BPE Mr. Alex Okoh & Chairman Transcorp Plc Mr. Tony Elumelu, Signing the Share Sale and Purchase Agreements for Afam Power Plc. and Afam Three Fast Power Limited at The State House, Abuja. 5th Nov, 2020. Photo: Tolani Alli The main objective of developing a power sector that will steadily deliver quality service and sustain itself is on track ...