Power - Page 78

Transcorp Power Limited,a subsidiary of Transnational Corporation of Nigeria has restated its resolve to deepening its presence in the nation’s power sector. Tony Elumelu,the chairman of Transnational Corporation of Nigeria, who  disclosed

Nigerians would soon start paying more electricity tariff,according to the Nigerian Electricity Regulatory Commission(NERC) But Nigerians have expressed disgust over the planned hike,saying the development shows government’s insensitivity to the plight of

Nigeria’s power sector received one of the lowest investment in the first quarter of the year accounting for 3percent at $0.26billion,according to the latest report by the  Nigerian Investment Promotion Commission (NIPC).

Nigeria had the largest number of people without access to electricity in the world, the World Bank has said. It also said  every one in 10 people without access to electricity now