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- [...]
September 25, 2017
General, Power
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 [...]
Electricity consumers in Festac area in Amuwo Odofin, Local Government, Awoyaya area in Ibeju Lekki and other areas in Lagos State, have bemoaned the poor power supply to their communities in the last one month. Electricity They complained that [...]
The hope that Nigeria will begin to engage in local refining has been rekindled as an Indonesian firm, PT Intim Perkasa Nigeria Ltd, a subsidiary of PT Intim Perkasa, Indonesia, has indicated interest to build a refinery in Nigeria. Mr. [...]
China To Support Nigeria Build Own Transformers – The power sector continues to be a vital component for development. Nigeria, known for its erratic power supply and unstable services, has sought the assistance of China to make transformation in that [...]
The Minister of Power, Works and Housing, Babatunde Fashola, says the Nigerian government’s target of providing 10,000MW of electricity by 2019 is still achievable. According to a statement by the power ministry, Mr. Fashola said this while fielding questions on [...]
Power generation has risen from 3,161 megawatts, MW to 3,578 MW over the weekend as Electricity Generating Companies; GENCOs continue to increase generation after the recent system collapse. This showed 9,222MW below the nation’s 12, 800 estimated daily national demand, [...]
A Nigerian engineer, Obayagbona Emmanuel Imafidon, has revealed that he has invented a power-generating device that can solve the problem power outage in the country. In an interview with Guardian, the graduate of Electrical Engineering from the Institute of Management [...]
Electricity Generation Companies (GenCos) have not been paid for their services by the Nigeria Electricity Bulk Trader in the last three months. A source in the power sector told Sunday Vanguard in Abuja, at the weekend, that the situation of [...]
Century Power, a subsidiary of the Obijackson Group, Thursday, said its 1,500 megawatts (MW) power generation plant would be completed by 2020 and would start making a contribution to the national grid. The company in a statement in Abuja, said [...]
The challenges bedeviling the power sector appear worsening as the Transmission Company of Nigeria, TCN, through the daily operational report of the National Control Centre, NCC, yesterday, reported that six power generating companies, GENCOs, failed to generate power in seven [...]
MDAs Owe Power Companies N51 billion – An audit report of debt by Federal Government ministries, departments and agencies (MDAs) to power distribution companies (DISCos) has revealed an indebtedness of N59.3 billion by top 100 customers, like defence, military and [...]
The Senate has rejected the nomination of an American-based Nigerian professor, Akintunde Akinwande, as the head of the National Electricity Regulatory Commission. Mr. Akinwande was rejected for his failure to attend confirmation hearing. The decision was announced Tuesday. Other nominees [...]
The Northern States Governors’ Forum and the General Electric International, on Monday signed a memorandum of understanding, MOU, for the construction of five solar plants some parts of Northern Nigeria. The plants are expected to generate 500 megawatts of electricity. [...]
The Managing Director of the Benin Electricity Distribution Company, Olufunke Osibodu, has urged Nigerians not to expect any improvement in the power sector in the next five years. Speaking at the 11th Annual Founder’s Day event of the [...]
President Muhammadu Buhari‘s deliberate misleading speech on the Nigeria’s 56th Independence anniversary is still generating ripples across the world, as a US multinational company, General Electric (GE) has disassociated themselves with the claim that they are planning to invest $2.2billion in [...]
The Murtala Muhammed Airport, Lagos, suffered three power outages in less than one hour on Monday, TheCable can report. The outages, which occurred between 9:15pm and 9:42pm, lasted an average of two minutes each as officers of the Nigeria Immigration [...]
‘Pitch Darkness’ At Lagos Airport: The Murtala Mohammed International Airport in Lagos on Saturday, August 27, 2016 hit a new low as darkness enveloped the premier airport due to power outage at the time passengers were boarding flights to different [...]
The Minister of Power, Work and Housing, Babatunde Fashola, on Tuesday, expressed shock at the destruction of public properties by Nigerians who also yearn for better service from government. Fashola expressed his frustration while speaking on Thursday at [...]
Minister of Works, Housing and Power, Mr. Babatunde Fashola, in Kano said he will use tough approach to overcome the lingering power outage affecting the country. Speaking while launching the mass meter deployment of Kano Electricity Distribution Company (KEDCO), Fashola [...]
The Chairman, Senate Committee on Domestic Debt and Loans, Shehu Sani has expressed deep concern over the darkness being experienced across the country. He stressed that no excuse by power stakeholders was cogent enough to substantive hardships that [...]
June 12, 2016
Economy, Power
When I, Edward Essien, saw Tunde Fashola (minister of darkness) Thursday, June 8, 2016 on Channels TV (other liars were super liar Lai Mohammed, Udo Udoma, and Aisha Mohammed), lying and whining about militants responsible for the poor power situation [...]
June 10, 2016
Economy, Power
Electricity Drops – The nation’s power generation plunged to zero megawatt six times last month, the highest level since 2009, industry data obtained by our correspondent on Friday showed. Electricity supply to households and businesses across the country [...]
June 5, 2016
Economy, Power
The federal government says there is no going back on the 45 per cent increase in electricity cost, revealing that a reversal will cost over N575 billion. “One of the reasons why the tariff had to go up [...]
June 1, 2016
Economy, Power