Electricity: 1.4m people benefits from REA’s solar connections
The Rural Electrification Agency, REA, Monday disclosed that over 1.4 million people benefited from its implementation of the 2023 capital projects through several solar energy programmes initiated by the Federal Government.
Over 100 transmission towers vandalised in Kaduna – TCN
The Transmission Company of Nigeria (TCN) has sought stakeholders’ concerted efforts to curb incessant vandalism and encroaching within the transmission Right of Way, saying in 2024 alone, over a hundred transmission towers were vandalised within communities in Kaduna State.
Electricity: FG reduces GenCos debt with N205bn payment
The Minister of Power, Chief Adebayo Adelabu yesterday disclosed that the Federal Government has paid N205 billion to electricity generation companies, GenCos, as part of efforts to reduce the N1.3 trillion debt owed to them.
10 countries in the world with highest electricity cost
Electricity accounts for 20% of the world’s total energy consumption, with global energy consumption set to grow by 1.8% in 2024, largely driven by strong demand in Asia, the Economic Intelligence reports.
NERC grants Oyo powers to set up state electricity market
The Nigerian Electricity Regulatory Commission, NERC, has granted Oyo State the right to set up and regulate electricity supply and distribution within the State.
