Electricity tariff: 45% increase’ll violate UN ruling —SERAP
LAGOS — The Socio-Economic Rights and Accountability Project, SERAP, has advised the Minister of Power, Mr Babatunde Fashola, to ensure regulatory authorities were not allowed to get away with 45 per cent increase in electricity tarrif by promoting compliance with the November 2013 ruling on the matter by two UN special rapporteurs.
10 suspected electricity vandals electrocuted, 8 others face prosecution
No fewer than 10 persons suspected to be electricity installation vandals have been electrocuted within the jurisdiction of Abuja Electricity Distribution Company (AEDC) since January 2014, an official said.
We must have steady electricity for faster economic development – Buhari
President Muhammadu Buhari on Wednesday in Abuja pledged that his administration would ensure steady electricity supply for faster socio-economic development.
FG grants Mobil licence to build 575MW power plant
The Nigerian Electricity Regulatory Commission, NERC, has granted operatinglicence to international oil company, Mobil Producing Nigeria Unlimited, MPN, to build and operate a 575-megawatt power plant in Eket,AkwaIbom State.
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.
