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Nigeria Bulk Electricity Trading Plc

DisCos: Minister Fashola spending $5.6 million to generate 1mw of electricity instead of $1.5...

The Association of Nigerian Electricity Distributors has accused the Minister of Power, Works and Housing of spending $5.6 million to generate 1 megawatt of electricity instead of $1.5 million proposed by power developers from the private sector.

Minister Babatunde Fashola accuses GENCOs of blackmail, politicking

Nigeria’s Minister of Power, Works and Housing, Babatunde Fashola, on Monday said he was not afraid of going to the law court over allegations of preferential treatment offered two power generating companies.

Power generation companies drags federal govt to court

Power Generation Companies (GENCOs) have sued the federal government for alleged discriminatory treatment of the companies and their gas suppliers with intent to harm their business interests.

Gencos gulped N152.9bn of N701bn power sector fund in seven months

The Nigeria Bulk Electricity Trading Plc (NBET) has disbursed a total of N152.974 billion to 23 power generation companies (Gencos) within the first seven months of 2017, according to a report.

$550m Ondo power plant: PPA will boost investors’ confidence, improve national grid by 550MW

The Power Purchase Agreement (PPA) between Kingline Development (KLD) and Nigeria Bulk Electricity Trading Plc (NBET) for construction of 550Mega Watts(MW) plant valued at 550million dollars will boost confidence of would-be investors in the project.

Federal govt, firm sign power purchase agreement on 40mw

The Federal Government has signed Power Purchase Agreement (PPA) with Mabon Nigeria Limited, which is currently executing 40 megawatts hydro-power project.

Recent Stories

Court throws out Senator Aidoko’s suit in Kogi senatorial tussle

Efforts by the embattled senator representing Kogi East Senatorial District at the National Assembly, Senator Attai Idoko, to retain his seat on Thursday, suffered a setback as a Federal High Court in Abuja struck out his suit seeking to reopen the case decided against him up to the Supreme Court.
MUNICH, GERMANY – OCTOBER 06: Team coach Niko Kovac of FC Bayern Muenchen reacts during the Bundesliga match between FC Bayern Muenchen and Borussia Moenchengladbach at Allianz Arena on October 6, 2018 in Munich, Germany. (Photo by A. Beier/Getty Images for FC Bayern)

Niko Kovac wants repeat of Bayern Munich’s defensive efforts at Anfield

Niko Kovac wants Bayern Munich to repeat their defensive performance from the Liverpool game when they return to Bundesliga action against Hertha Berlin on Saturday.
Victor Ezeji

Victor Ezeji: A Nigerian club will soon win CAF title

A Nigeria Professional Football League (NPFL) club will soon win a continental trophy.

Minister: Federal government to complete N5.5 billion road project in Osun

The Federal Government on Thursday said that it would complete the N5.5 billion Ila-Oragun-Ekanmeje road project, Osun, before the end of the year.

Former Enugu SSG Martin Ilo passes on

Mr Martin Ilo, one-time Secretary to the Enugu State Government under former Gov. Sullivan Chime’s administration, has passed on at the age of 50, NAN reports.