Saturday 23rd February 2019,
Hope for Nigeria

Browsing the "Power" Category

Buhari arrives in Lagos for campaign

Buhari vows to probe $16 billion power sector expenditure

President Muhammadu Buhari yesterday vowed to probe the $16 billion invested in the power sector by his predecessor in office, Chief Olusegun Obasanjo. He pledged that every kobo would be recovered and anyone found wanting exposed. Speaking during an All [...]

February 14, 2019 Power
BEDC

Don’t Renew BEDC License – Oba Of Benin Tells Buhari

The Benin Monarch, Oba Ewuare II, has asked President Muhammadu Buhari not to renew the license of the Benin Electricity Distribution Company (BEDC) for its inability to provide electricity. Oba Ewuare II appealed to Buhari to support Governor’s Godwin Obaseki’s [...]

January 18, 2019 Power
Gencos threaten to shut down power plants

Gencos threaten to shut down power plants

Electricity generation companies in the country have said they will be forced to shut down their power plants if the challenges facing them are not addressed. The Association of Power Generation Companies, the umbrella body for the Gencos, said on [...]

January 15, 2019 Power

No budgetary provision for 3,050MW Mambila project –Fashola

There is no budgetary provision for the construction of the 3,050 megawatts Mambila hydropower project, the Federal Government declared on Sunday. The government said the claims that the loan negotiations for the project had stalled since 2017 because of an [...]

January 14, 2019 Power

TCN announces planned power outage in Lagos, Ogun

The Transmission Company of Nigeria (TCN) has announced a planned power outage in some parts of Lagos and Ogun States on Jan. 13 and Jan. 15, between 8:00am and 5:00pm. Ms Ndidi Mbah, the General Manager, Public Affairs Unit, TCN, [...]

January 12, 2019 Power

Maiduguri residents protest against uninterrupted electricity supply

Residents of Maiduguri, capital of Borno State, said that their 24-hour-electricity supply be cut short immediately. According to them, the constant power supply has caused a huge increase in charges. They are demanding that the Yola Electricity Distribution Company reduce [...]

December 22, 2018 Power

Ikeja Electric launches Academy to deepen safety culture

Ikeja Electric Plc (IE) says it has launched a professional Quality Health, Safety and Environment Academy (QHSE) tagged: “i-Empower” to deepen the culture of safety among its employees. Mr Felix Ofulue, the Head, Corporate Communications Unit, said in Lagos on [...]

November 25, 2018 Power

‘Power sector loses N1.287b daily’

Nigerian power sector said it lost approximately N1.287 billion on Saturday due to insufficient gas supply, distribution and transmission infrastructure.On the same day, average energy sent out was 4,157 megawatts/hour, which was down by 89.19MW from the previous day. This [...]

November 19, 2018 Power

FG invests N72 billion in distribution of 2000MW, others

Although, there are about 645 million people without electricity in Africa, with about 90 million Nigerians affected, the Minister of Power, Works and Housing, Babatunde Fashola, has said the Federal Government is doing everything possible to reverse the trend in [...]

November 9, 2018 Power

14-years blackout Electricity project resusciated in Ibadan communities

AKANRAN, the headquarters of Ona-Ara Local Government Area of Oyo State, was agog on Monday as the residents converged on the area to witness the flag-off ceremony of the resuscitation of the electrification project in the communities that make up [...]

September 21, 2018 Power

Ajaokuta Steel, foreigners owe power sector N12.2 billion

The Ajaokuta Steel Company and other international customers owe the power sector N12.2b, according to the 2018 first quarter report of the Nigerian Electricity Regulatory Corporation (NERC). NERC disclosed yesterday that in the period under review, invoices issued to foreign [...]

September 6, 2018 Power

Buhari seeks China’s support for Mambilla power project

President Muhammadu Buhari yesterday asked for the support of the Chinese government towards the completion of the Mambilla Power Project in Taraba State. He made the request during the signing of an agreement with President Xi Jinping on the sidelines [...]

September 6, 2018 Power

NNPC private guards accuse navy of killing two operatives

Topline Security, a private guard firm engaged by the Nigerian National Petroleum Corporation (NNPC) to secure petroleum pipelines along the stretch of Atlas Cove has accused the Nigerian Navy of killing two of her personnel and abducting two others in [...]

July 16, 2018 Power

Man cries out over alleged illegal sack by Mainstream Energy Solution Ltd, company’s threat to remove roof of house

A former staff of Mainstream Energy Solution Ltd, MESL, in Kainji Dam, Niger State, Mohammed Bello has accused the company of unlawfully disengaging him from service and threatening to illegally eject him and remove the roof of the house he [...]

July 7, 2018 Power

NERC defies court order, grants fresh license

In what appears to be a disregard to a court order, the Nigerian Electricity Regulatory Commission (NERC) has finally granted generating license to a private company for the distribution of power in Ariara Market. This is said to be in [...]

June 13, 2018 Power

NNPC cannot be transparent until an angel is appointed – Sanusi

Emir of Kano, Muhammadu Sanusi (II), has declared that the subsidy regime in the Nigerian National Petroleum Corporation, NNPC, has compromised the company. According to him, only an angel may be able to run the corporation honestly. When asked if [...]

June 9, 2018 Power

Nigeria power generation to hit 100,000mw by 2030

The Energy Commission of Nigeria (ECN) on Monday predicted a growth of up to 100,000 megawatts electricity generation in the country by 2030. Prof. Eli Bala, the ECN’s Director-General, disclosed this in an interview with the News Agency of Nigeria [...]

March 19, 2018 Power

FG not paying subsidy, Nigerians bearing burden of revenue loss from NNPC – Adeosun

The minister of Finance, Kemi Adeosun, has revealed that the federal government is not paying subsidy to keep fuel price at N145, adding that there is under recovery on the part of the Nigerian National Petroleum Corporation (NNPC). Adeosun disclosed [...]

February 1, 2018 Power

Nigeria’s power sector about to collapse – IBEDC warns

The management of Ibadan Electricity Distribution Company, IBEDC, has warned that Nigeria’s power sector was on the brink of collapse. Speaking on the issues confronting the power sector, Managing Director/ Chief Executive Officer, CEO, IBEDC, Mr. John Donnachie, told newsmen [...]

January 30, 2018 Power
Power Supply Nigeria

BUSINESS 2018 ‘Expect Electricity Tariff Increase’

The chief executive officer of Benin Distribution Company, BEDC, Mrs. Funke Osibodu has said that electricity tariff increase is inevitable and Nigerians should expect an adjustment which will come at any time. The present tariff structure she argued is not [...]

January 12, 2018 General, Power

FG, 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. The government, represented by the Managing Director of the Nigeria Bulk Electricity Trading Plc (NBET), Dr. Marilyn Amobi, said [...]

November 27, 2017 Power
Metering: FG issues NERC new regulations

Metering: FG issues NERC new regulations

The Federal Government has directed the Nigerian Electricity Regulatory Commission, NERC, to put measures that would allow power consumers buy meters from approved vendors. It also directed that unmetered consumers should be allowed to pay the last undisputed bill provided [...]

November 17, 2017 Power
Kachikwu, Baru meet, agree on stronger oil sector regulation

NNPC Scandal: Kachikwu, Baru meet, agree on stronger oil sector regulation

NNPC Scandal: For a moment on Tuesday, the Minister of State for Petroleum Resources, Ibe Kachikwu, and the Group Managing Director, of the Nigerian National petroleum Corporation, NNPC, Maikanti Baru, appeared to set aside their differences to speak about ways [...]

October 11, 2017 Power
Blackout: Nigeria’s national grid collapses

Blackout: Nigeria’s national grid collapses

The Transmission Company of Nigeria (TCN) said a total  system collapse of the national  grid was recorded on Sept. 28 at 8:03 p.m., resulting in  temporary  loss of  electricity generation. A statement from TCN’s  management on Friday in Abuja said [...]

September 30, 2017 Power
Light Nigeria

Poor state of energy sector: FG’s economic recovery growth plan in danger

Plan requires 10,000 mw, but supply stands at 3,417mw •Limited facilities, vandalism, energy theft, funds, others affect operations •CBN’s N701bn NEMSF facility inadequate •Lack of cost reflective tariff delays $2.5bn World Bank facility   LAGOS  – There are strong indica- [...]

September 25, 2017 General, Power
Eko Disco to name culprits in media

Meter Bypass: Eko Disco to name culprits in media

Eko Disco to name culprits in media: The Eko Electricity Distribution Company Plc (EKEDCP) says it has launched “Operation Name and Shame’’ in its continued fight against energy theft within its area of operations. Mr Oladele Amoda, the Chief Executive [...]

September 17, 2017 Power
Electricity Nigeria

THE Federal Government has given State governments autonomy to produce own power so as to ensure improved power supply in the country.

It said this is because nothing in the Electricity Power Sector Reforms Act EPSRA deter States from doing such. Speaking at the 18th monthly power sector operators meeting on Monday at the Kumbotso transmission station, Kano State, the Minister of [...]

August 15, 2017 Power
Goodluck Jonathan

Jonathan denies squandering over N11trn on electricity

Former president, Goodluck Jonathan has reacted to the report that he was among the past Nigerian leaders who wasted over N11tn on electricity. The Socio-Economic Rights and Accountability Project, SERAP, had on Wednesday disclosed how over N11 trillion meant for [...]

August 10, 2017 Power
Nationwide Blackout Imminent As Power Generation Falls Below 3,000MW

Nationwide Blackout Imminent As Power Generation Falls Below 3,000MW

A nationwide blackout is imminent as Nigeria power generation has fallen below the 3,000 megawatts mark. Sadly, number of idle power plants increased to eight on Sunday from five on Friday.     Reports say the nation’s power grid lost [...]

July 25, 2017 Power
fashola electricity

Fashola begs Nigerians to be patient with APC government

Lagos – The Minister of Power, Works and Housing, Mr Babatunde Fashola, has said that the challenges of the power sector in Nigeria are manmade and not technical. Fashola, electric meter Fashola made the statement as a distinguished lecturer at [...]

July 14, 2017 Power