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The Nigeria Labour Congress (NLC) has proposed the merger of the Ministries of Petroleum and Power into a single Ministry of Energy as a long-term solution to Nigeria’s persistent electricity challenges. The labour union also rejected the Federal Government’s proposed N6 trillion bailout for electricity generation and distribution companies (GenCos), describing it as ineffective and …

  By Esther Ososanya The Enugu Electricity Regulatory Commission (EERC) has reduced the electricity tariff for Band A customers from ₦209 per kilowatt-hour to ₦160/kWh. The new rate takes effect on August 1, 2025. The order was issued to MainPower Electricity Distribution Ltd under EERC Order No. EERC/2025/003 titled “Tariff Order for MainPower Electricity Distribution …

  By Esther Ososanya   Onuzurike Oluomachi, a prominent Nigerian entrepreneur and CEO of BO Hair Extension and Accessories, recently made headlines as the first African woman to acquire the futuristic Tesla Cybertruck. But in a country still grappling with unreliable power, deteriorating roads, and economic hardship, her ₦400 million purchase raises a deeper question: …

By Esther Ososanya Africa’s path to industrialisation continues to be blocked by two stubborn barriers: poor electricity access and erratic government policies, according to the verdict from Africa’s leading industrialist, Alhaji Aliko Dangote, who, alongside philanthropist Tony Elumelu and former President Olusegun Obasanjo, laid out a bold, solution-driven agenda to unlock the continent’s economic potential. …

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