KERC takes over electricity market regulations, as state targets 70MW generation
The Kogi State Electricity Regulatory Commission (KERC), yesterday met with critical stakeholders in the energy sector ahead of the official takeover of the electricity market from the Abuja Electricity Regulatory Commission.
Grid collapse: ‘Our equipment is outdated,’ TCN MD calls for investment
The Managing Director and CEO of the Transmission Company of Nigeria, Sule Abdulaziz has highlighted infrastructure challenges besieging the power sector, noting that much of the equipment is outdated.
Electricity Commission to hold public hearing on frequent grid collapses
“Date and venue would shortly be announced in the national dailies and stakeholders are encouraged to participate”
I generate 15% of Nigeria’s electricity – Davido’s father
Dr. Adedeji Adeleke, billionaire businessman and father of popular music star David Adeleke, also known as Davido, has claimed that he generates 15 per cent of Nigeria’s electricity.
National grid collapses second time in 24 hours
Electricity distribution companies, DisCos, have announced another national grid collapse. It’s the second in 24 hours
Electricity: How FG incurred N380bn subsidy bill in Q2 2024
THE Nigerian Electricity Regulatory Commission (NERC) said the federal government incurred an electricity subsidy obligation of N380 billion in the second quarter (Q2) of 2024.
Over 40% of Nigerians now enjoy 20 hours of electricity —Power minister
“Moreover, the major achievement is the fact that today we generate over 5,500 megawatts of power, we transmit and distribute it, and over 40 per cent of customers today enjoy over 20 hours of regular power supply across the nation. You can see that there is a significant improvement between when we came in and now, which we intend to improve further”
Electricity: Blackout in Damaturu as vandals attack TCN tower
The Transmission Company of Nigeria, TCN, on Sunday disclosed that suspected vandals attacked its transmission line supplying power to Damaturu, the Yobe State capital.
State participation in the provision of electricity within state borders
By Peter Ogbobine The Electricity Act of 2023 (“Act”) marked a significant departure from the previous legislation governing Nigeria’s electricity sector, specifically the Electricity Power Sector Reform Act of 2005, “EPSRA”. The Act consolidated various statutes, including EPSRA, and introduced several key provisions related to regulatory framework, tariff regulation, market structure, consumer rights, investment incentives, and grid […]
Electricity: Stakeholders back NBET’s application for licence renewal
With its three-year operating licence due to expire on November 21, 2024, power sector stakeholders have backed the application of the Nigerian Electricity Bulk Trading Plc, NBET, for the renewal of its operating licence, saying the electricity market was not matured enough to carry on without the government’s owned bulk trader.
Reps move to improve safety in electricity supply industry
The House of Representatives Committee on Safety Standards and Regulations has raised concerns over safety issues and the use of substandard equipment in the Nigerian Electricity Supply Industry, NESI
