Electricity

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Electricity: Power supply drops to 3,628mw

ELECTRICITY supply, yesterday, dropped to 3,628 megawatts, mw from 3,808mw on Tuesday, thus forcing many consumers to live in darkness. According to the Nigeria System Operator, average daily supply before yesterday was over 4,000 mw, with the daily maximum generation for the month of June averaging at 4,171 megawatts.

No basis to hike electricity tariff

In a country where electricity supply has permanently been abysmally poor and most consumers provide their own power supply, it is puzzling to hear of constant tariff increments by electricity companies.

Power: 4,000 MW for December threatened

The Federal Government’s efforts to supply 4,000 megawatts, MW, of electricity by December 2017, may not be accomplished as a result of poor state of power stations, limited transmission facilities and inadequate distribution in the nation.

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

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

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.

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