Unending storm over electricity tariff hike
February 1, the Nigerian Electricity Regulatory Commission, NERC,approved the takeoff of new electricity structure under the Multi Year Tariff Order, MYTO 2015. Prior to the takeoff, there were scepticisms about whether the new rates will come to be or not given the public outcry and resistance even from the legislators.
311 investors ready to invest in Nigeria’s power sector — Igali
The Permanent Secretary, Federal Ministry of Power, Mr Godknows Igali, says 311 Investors have so far indicated interest in partnering with the ministry to boost electricity supply across the country.
Deficits in power generation, bane of rapid development — Angbazo
The Chief Executive Officer, General Electric (GE) Nigeria, Mr. Lazarus Angbazo has decried the deficit in power generation in Nigeria, describing it as the bane of rapid development of critical sectors of the economy.
ELECTRICITY SUPPLY: Renewable industry remains hope of future energy
THERE has been a lot of outrage over the recent increase in electricity tariffs. On one hand, people are complaining they were not well informed. People are not convinced. A lot of issues which I hope will be brought to the fore today. Mr. Ojuroungbe, is there a direct relationship between electricity tariffs and business?
Power: Flour Mills awaits FG’s approval to sell electricity
Flour Mills of Nigeria Plc has stated that it is awaiting the approval of the Federal Government to enable it deliver a portion of its 50 mega watts of electricity to businesses around Apapa and also to the national grid.
Mauritania to provide electricity to power-starved Senegal
Mauritania is to begin providing energy-starved Senegal with electricity within two years, both sides announced Thursday after a summit between their presidents in Dakar.
Privatization not the answer to power problems – SSAEAC
Even after the near successful privatization of Nigeria’s power sector, the Senior Staff Association of Electricity and Allied Companies, SSAEAC, has maintained that privatization is not the answer to the nation’s power problems.
FG names 10-man team for electricity services company
Determined to reposition the nation’s power sector, and to also ensure proper sectoral co-ordination of the value chain, the Federal Government has created the Electricity Management Services Limited, EMS.
Activists, labour, journalists, lawyers move against electricity tariffs, petition UN
A coalition of human rights activists, labour, journalists and lawyers have moved against the recent increase in electricity tariffs and petitioned Ms. Magdalena Sepúlveda Carmona, United Nations Special Rapporteur on Extreme Poverty and Human Rights.
We’re committed to effective power supply – Nebo
The Minister of Power, Professor Chinedu Nebo has applauded the successes already recorded in the power sector transformation agenda. Professor Nebo who spoke with a cross section of the Nigerian media recently in Abuja said that slow and steady progress has been recorded especially in government’s efforts to boost power supply in some parts of the country.
Electricity: FG borrows $1.6bn from China bank, others
Minister of Power, Prof. Chinedu Nebo, yesterday, said the investments recorded in the telecommunication sector since the introduction of the mobile telephone services in the country would be dwarfed by investment in the power sector, once the ongoing reforms in the sector took firm footing.
