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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 [...]
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 [...]
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 [...]
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 [...]
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, [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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- [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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