Electricity

Electricity: IBEDC rehabilitates Sawmill, Agba Dam injection substations

Electricity: IBEDC rehabilitates Sawmill, Agba Dam injection substations

In a bid to meet customers’ demand in power supply, the Ibadan Electricity Distribution Company, yesterday, said it had completed the renovation of Sawmill 3x15MVA, 33/11KV and Agba Dam 2x15MVA,33/11KV Injection Substations in Kwara State. This was even as the company reached out to its franchise area, engaging several community leaders and members in the process to resolve electricity challenges as well as provide necessary facilities.
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FG to release second tranche N701bn Power Assurance Guarantee

FG to release second tranche N701bn Power Assurance Guarantee

ACTING President, Prof. Yemi Osinbajo on Tuesday stated that government will soon release a second tranche of the N701 billion for Power Assurance Guarantee approved by the Federal Executive Council in March this year for the Bulk Electricity Trading NBET, Plc.

DISCOs endorse NERC directive on MD customers

DISCOs endorse NERC directive on MD customers

THE Electricity Distribution Companies, DISCOs, have agreed to comply with the notice issued by the Nigerian Electricity Regulatory Commission, NERC, on the metering of Maximum Demand (MD) customers.

Government’s intervention in the Power sector

Government’s intervention in the Power sector

Power had remained a pounding Nigerian headache for decades, its inadequacy ensuring chronic economic underperformance nationwide, not to mention the distress it caused most of the citizens. You couldn’t fix Nigeria without fixing power.

Resolving the power sector conundrum

Resolving the power sector conundrum

Electricity supply is considered the most critical impediment to the achievement of the Vision 20:2020 target of double digit growth and reduction of poverty to the barest minimum.

Carmaker seeks concessionary electricity tariff to revive Nigeria manufacturing sector

Carmaker seeks concessionary electricity tariff to revive Nigeria manufacturing sector

By Olalekan Bilesanmi NIGERIA car producer, Chief Innocent Chukwuma has called for concessionary electricity tariffs for local manufacturers, describing the stagnation posed by prohibitive cost of power to manufacturing as “big threat to national development.” Chukwuma, Chairman, Innoson Group, makers of Innoson Vehicles who lamented this while sharing his experience with newsmen recently said the […]