Tag: Power

THE Western Zone of Rosicrucian Order, AMORC (Ancient Mystical Order Rosae Crucis), has said it was shameful for government officials to gloat about producing 6,000 megawatts of power for the whole country when a town like Johannesburg in South Africa, produces 4,000 megawatts for its people.

ABUJA— The Nigeria Electricity Supply Industry, NESI, requires investments of over $100 billion in the next 20 years, if the country, Nigeria must have 24 hours of electricity supply daily, stakeholders in the power sector have said.

LAGOS—Acting Chairman of Manufacturers Association of Nigeria, MAN, Apapa branch , Mr. Joe Onyebu, has said  many businesses were going through very difficult times, following a drop in power supply in recent months.

Mr. Kola Ayeye, a former Executive Director, Asset Management Corporation of Nigeria (AMCON), has called for synergy between the Central Bank of Nigeria (CBN) and the Nigerian Electricity Regulatory Commission (NERC) to reposition the power sector for enhanced performance.

The All Electricity Consumers Protection Forum, an electricity advocacy group in Lagos State, on Wednesday called on President Muhammadu Buhari to declare a state of emergency in the power sector.

AKURE—-CONCERNED by the power outage in the Southern Senatorial district of Ondo State for over ten years, a Senator- Elect, Nicholas Towofomo has asked the Federal Government to review the contract of the  Electricity Distribution Companies in the country over their inability to supply power to several communities in the country.

THE economy of Nigeria, over the weekend witnessed a major setback as consumers – individuals, households, companies and others experienced prolonged power outages, following a huge drop of power supply from 4,000 megawatts to 2,039 mw.