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 EXPLAINER: What is national grid collapse?

EXPLAINER: What is national grid collapse?

THE CABLE On February 14, 2022, the national electricity grid suffered a system collapse and caused power outages nationwide. Nigerians have been experiencing power cuts for weeks amid a surge in fuel and diesel prices. The situation is taking a significant toll…

 States face bankruptcy over N3t subsidy, debts

States face bankruptcy over N3t subsidy, debts

THE GUARDIAN Prevailing economic realities, especially the rising price of crude oil at the international market, and the cost of petrol subsidy, which is threatening the 36 states could worsen the financial crisis facing the states ahead of 2023 election.…

 2022 expectations from Nigerian power sector

2022 expectations from Nigerian power sector

THE GUARDIAN With a fortnight gone from this year 2022, it’s time to ruminate on Nigeria’s expectations from its’ power sector. Insecurity in Nigeria is still very high. Life expectancy remains as low as 55 years and economic growth stands…

 ‘Nigerians ‘waste’ N12tr yearly on power’

‘Nigerians ‘waste’ N12tr yearly on power’

THE NATION A former Commissioner, National Electricity Regulatory Company (NERC), Mr. Eyo Ekpo, has said Nigerians “waste” N12 trillion every year, considerably higher than the national budget, by self-provision of power with backup generators rather than being supplied from the…