Electricity: BPE, NDPHC set to sell 5 generating plants in Nigeria
By Prince Okafor THE Board of Directors, Niger Delta Power Holding Company, NDPHC, and the National Council on Privatisation have approved the sale of five generating companies in the country through a competitive bidding process. This is coming even as the Bureau of Public Enterprises, BPE, has called on prospective investors to express interest in […]
One shot, as protest over epileptic power supply to Kafanchan turns violent
A peaceful protest against epileptic power supply in Kafanchan, Kaduna State, on Monday, turned violent as one person was shot by security operatives. The protesters stormed the Kaduna Electricity Distribution Company (KEDC), Kafanchan business office, in their numbers carrying placards with inscriptions: ‘Stop charging us high’, ‘Stop the blackout’, ‘Give us stable power supply. A […]
Post privatisation: Nigeria’s stranded power rises 263% to 3,742MW
***As generation average 4,050MW By Obas Esiedesa Contrary to expectations, there are indications that Nigeria’s electricity sector has recorded huge set back since the private sector take-over seven years ago. Data obtained by Vanguard Energy last weekend shows that volume of stranded power has risen by about 263 percent to 3,742 megawatt (MW) as at […]
FG directs reversal of electricity tariff
The Minister of Power, Mr Saleh Mamman, has directed the Nigerian Electricity Regulatory Commission (NERC) to inform all Electricity Distribution Companies(DISCOs) to revert to tariffs that were applicable in Dec. 2020. Mr Aaron Artimas, Senior Special Adviser, Media and Communications to the Minister of Power, made this known in a statement in Abuja on Thursday. […]
50% electricity increase spells doom for production — Dama
The 50 percent increase in electricity tariffs is coming again at a very wrong time. It will have a terrible high effect on our production costs. It is even rather very unfortunate because energy is not even available in some areas of our operations as lots of millers and rice processors depend on electricity for production.
Labour rejects new electricity hike
Says FG’s exploitation doesn’t have an end By Johnbosco Agbakwuru THE Nigerian Labour Congress, NLC, yesterday said it would use every available means to resist the new increase in the electricity tariff. The NLC also accused the Federal Government of deceit and insensitivity to the plight of Nigerians at this period the Coronavirus pandemic has […]
