As Nigerian electricity Distribution Companies (DisCos) prepare to renew their operational licences in 2028, the federal government has announced plans to introduce a minimum capital adequacy requirement. Minister of Power, Adebayo Adelabu, who made this known at the Nigeria Energy Forum in Lagos, said the aim is to strengthen the financial health of DisCos and boost …
Nigeria’s Minister of Power, Adebayo Adelabu, has disclosed that the Federal Government is in discussion with the Export-Import Bank of China to secure a $2 billion loan to fund the development of a new national "super grid," which will stabilize energy supplies and encourage industrial growth across the country. Adelabu made this known at the …
The Minister of Power and 2027 governorship aspirant under the All Progressives Congress (APC) in Oyo State, Chief Adebayo Adelabu, has formally declared his intention to contest the governorship seat, saying it is his turn to lead the state, having paid his dues within the party and to the people of Oyo. Adelabu made the …
By Esther Ososanya In a strategic push to stabilise Nigeria’s fragile power supply, the federal government has added 50.4 megawatts (MW) to the national grid with the commissioning of a high-capacity mobile substation in Eleyele, Oyo State. Power Minister Adebayo Adelabu, who led the commissioning on Thursday, said the substation was delivered through a partnership …
