Electricity: N1.5trn investment turns soar, power coys suffer inadequate capacity
By Prince Okafor Nigeria’s electricity challenges continue to worsen, as power generating, transmission and distribution companies suffer from inadequate capacity, despite investments totalling N1.5 trillion sunk in the sector since the privatisation exercise. According to leading labour centres in the electricity sector, this staggering amount has done nothing to add a kilowatt of electricity to […]
Gombe consumers owe Jos DisCo N2.2 billion — Spokesman
Jos Electricity Distribution Company (JEDC) says 19, 317 households have so far been metered in Gombe state, according to Dr Adakole Elijah, JEDC’s Head of Corporate Communications. Elijah, who disclosed this in an interview with the News Agency of Nigeria (NAN) in Gombe, added that efforts were ongoing to meter more households, in line with […]
Electricity: Nigeria’s power sector records new peak transmission
The Nigerian power sector yesterday received another boost as the Transmission Company of Nigeria, TCN, disclosed the attainment of new peak transmission.
60% of electricity consumers lack prepaid meters — NERC
*Says exploitation through estimated billing persists By Udeme Akpan ENERGY About 60 per cent of Nigeria’s electricity consumers lack prepaid meters and are currently being exploited through estimated billing. Disclosing this in its Second Quarter 2020 Report, Nigerian Electricity Regulatory Commission, NERC, said: “The huge metering gap for end-use customers remains a key challenge in […]
Power: NDPHC to export 70MW of electricity to Republic of Togo
The management of the Niger Delta Power Holding Company, NDPHC, has disclosed that the company has entered a bilateral agreement with the Republic of Togo to supply the country with 70 Megawatt, MW, of electricity under the Power Purchase Agreement, PPA.
FG assures Nigerians of reliable, affordable electricity
Seeks stakeholders’ support to end challenges ….To prioritize staff welfare for optimum performance By Chris Ochayi ABUJA: The Minister of Power, Engr. Saleh Mamman, has reiterated his commitment of the present administration to solve the challenges in the power sector in order to provide reliable and affordable power to Nigerians. Engr. Mamman, who stated […]
EEDC decries high vandalism in South-East, convicts 2
The Enugu Electricity Distribution Company (EEDC) has decried the high vandalism of electrical installations and wiring in the South-East. The Head, Communications of EEDC, Mr Emeka Ezeh, said this while speaking with the News Agency of Nigeria (NAN) on Sunday in Enugu. Ezeh noted that the company had launched its whistle-blowing lines to check the […]
Buhari support group kicks against high electricity tariffs
The Buharism Movement, a President Muhammadu Buhari support group, has condemned the high electricity tariffs by the Power Distribution Companies, DISCOS in the country.
Electricity: How infrastructure, lack of liquidity, others cripple supply to consumers — Investigation
***Average transmission losses stand at 7.5% in Q3’20 ***As Consumers kick over high estimated bills By Udeme Akpan Despite the rise in average electricity sent out year-on-year, YoY, from 90,098.1 megawatts, mw, in 2019, to 94,274.9 mw in 2020, indicating an increase of 4.64 per cent, lack of infrastructure, inadequate liquidity and other problems continue […]
Fuel price/electricity tariff: FG, labour to reconvene Feb 22
THE Federal Government and the organised labour would reconvene on February 22 for the consideration of the reports of their bipartite technical committees on fuel price and electricity tariff.
One shot, as protest over epileptic power supply to Kafanchan turns violent
A peaceful protest against epileptic power supply in Kafanchan, Kaduna State, on Monday, turned violent as one person was shot by security operatives. The protesters stormed the Kaduna Electricity Distribution Company (KEDC), Kafanchan business office, in their numbers carrying placards with inscriptions: ‘Stop charging us high’, ‘Stop the blackout’, ‘Give us stable power supply. A […]
Post privatisation: Nigeria’s stranded power rises 263% to 3,742MW
***As generation average 4,050MW By Obas Esiedesa Contrary to expectations, there are indications that Nigeria’s electricity sector has recorded huge set back since the private sector take-over seven years ago. Data obtained by Vanguard Energy last weekend shows that volume of stranded power has risen by about 263 percent to 3,742 megawatt (MW) as at […]
FG directs reversal of electricity tariff
The Minister of Power, Mr Saleh Mamman, has directed the Nigerian Electricity Regulatory Commission (NERC) to inform all Electricity Distribution Companies(DISCOs) to revert to tariffs that were applicable in Dec. 2020. Mr Aaron Artimas, Senior Special Adviser, Media and Communications to the Minister of Power, made this known in a statement in Abuja on Thursday. […]
50% electricity increase spells doom for production — Dama
The 50 percent increase in electricity tariffs is coming again at a very wrong time. It will have a terrible high effect on our production costs. It is even rather very unfortunate because energy is not even available in some areas of our operations as lots of millers and rice processors depend on electricity for production.
Labour rejects new electricity hike
Says FG’s exploitation doesn’t have an end By Johnbosco Agbakwuru THE Nigerian Labour Congress, NLC, yesterday said it would use every available means to resist the new increase in the electricity tariff. The NLC also accused the Federal Government of deceit and insensitivity to the plight of Nigerians at this period the Coronavirus pandemic has […]
Electricity sector records mixed performance in 2020
By Ediri Ejoh Despite the sordid tales of Nigeria’s electricity sector, 2020 upstream power sector seems to have fared better in reducing systems collapse significantly. However, huge difficulties persists in stranded power incidences which has resulted in a steady rise in losses in the industry while ensuring the perennial issue of inadequate power supply […]
