Governors Seek Refund From FG Over $10bn Power Sector Investments

Eko Hot Blog reports that State governors have demanded a full refund of their equity investments in the $10 billion National Integrated Power Projects managed by the Niger Delta Power Holding Company. Additionally, through the Nigeria Governors’ Forum, the Governors have called for the Federal Government to provide an equitable rate of return on these … Read more

FG Connects 60MW Hydropower Plant To National Grid

A new plant has been connected to the nation’s power grid, thereby increasing the number of hydropower plants producing electricity in Nigeria to four. Data obtained from the Nigerian Electricity System Operator (NESO) on Sunday showed that the Dadin Kowa Hydropower Plant, located in Gombe State, has an installed generation capacity of 60 megawatts, The … Read more