Babatunde Fashola, the Minister of Power, Works and Housing, has on Friday directed select customers to directly buy electricity from Generation Companies (GenCos).

In a bid to grow the power sector, the World Bank has promised to provide financial support.

The Minister of Power Works and Housing, Babatunde Raji Fashola on Tuesday swore-in six new commissioners of the Nigerian Electricity Regulatory Commission (NERC).

The National Union of Electricity Employees, NUEE, on Thursday said the Kaduna Electric, has terminated the appointments of 530 of its members.

The Minister of Works, Power and Housing, Mr Babatunde Fashola, has read the riot act to distribution companies, DISCOS, in the country to step up their service delivery or quit.

The Minister of Power, Works and Housing, Mr. Babatunde Fashola, on Tuesday debunked the recent statement by the Managing Director and Chief Executive Officer, Egbin Power Plc, Mr. Dallas Peavey Jr, that the country’s power woes may worsen in coming weeks.

The Minister of Power, Works and Housing, Babatunde Raji Fashola, SAN, has said that only Distribution Companies (DISCOs) are authorized to sale and install transformers and other power equipment, thereby warning the general public to desist from purchasing from other sources.

The Central Bank of Nigeria (CBN), on Monday, imposed a monetary sanction for commercial banks that breach the terms and conditions of the Nigerian Electricity Market Stabilisation Facility (NEMSF) with the CBN.

A Federal High Court sitting in Lagos has annulled the increment in electricity tariff by the Nigerian Electricity Regulatory Commission (NERC).

The Minister of Power, Works, and Housing, Babatunde Fashola, has explained how the Federal Government lost N7.7 billion from 2014 to 2016 due to strikes by electricity workers.

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