Egbin, 9 other power plants suffer gas shortage

Aug 3, 2020

The nation’s biggest power plant, Egbin, and nine other plants have seen their output drop on the back of gas shortage, with generation dropping below 3,000 megawatts. Total power generation in the country stood at 2,995.2MW as of 6am on Friday, from 3,613.3MW the previous day, according to the Nigerian Electricity System Operator. The other…

Read More

Lack of synergy between Discos, TCN to render transmission of 8000MW useless – Stakeholders

Jul 31, 2020

The inability of electricity distribution companies (Discos) to have access to many of the transmission transformers installed by the Transmission Company of Nigeria (TCN) will render the transmission of the expected 8000 megawatts of electricity from those transformers ineffective. This is because there is a lack of synergy among the two organisations on where best…

Read More

Lagos to tackle electricity metering gap with ‘smart meter initiative’

Jul 31, 2020

In furtherance of efforts at addressing the electricity metering gap, Lagos State government, in collaboration with Eko Innovation Centre, has unveiled a smart meter initiative tagged “Lagos Smart Meter Hackathon 2020” The initiative targets the involvement of local tech hardware, software innovators towards the production of smart meters which will help to bridge existing 60…

Read More

Nigeria to deliver 5GW of electricity by 2022 – NNPC

Jul 30, 2020

With the kick-off of the construction of a number of gas projects, particularly some major pipelines, the Nigerian National Petroleum Corporation (NNPC), said it will deliver about 5GW or 5,000 megawatts power by 2022. Since the privatization of the power sector in 2013, Nigeria has struggled to achieve sustainable electricity supply, but has been frustrated…

Read More

Governor plans to restore electricity in Osun communities

Jul 30, 2020

RESIDENTS of Ifetedo, Garage-Olode, Omifunfun, Aayeoba, Egbejoda, Araromi Oke-Odo and neighbouring communities in Ife South Local Government Area of Osun State on Tuesday jubilated, as the government unveiled plans to restore electricity to the areas. The communities have been without electricity for over 10 years. The Commissioner for Water Resources and Energy, Dr Amidu Tadese…

Read More

PH DisCo introduces code to eliminate ghost workers

Jul 30, 2020

The Port Harcourt Electricity Distribution Company (PHED) says it has introduced staff verification code to eliminate ghost workers and impersonation of its employees. The company’s acting Manager of Corporate Communications, Mrs Chioma Aninwe, made this known in a statement in Port Harcourt on Wednesday. Aninwe said the staff verification code was designed to end the…

Read More

Nigeria not liable to pay $1.2bn over Azura-Edo IPP – Presidency

Jul 30, 2020

The Special Adviser to the President on Infrastructure, Mr Ahmed Zakari, said on Wednesday that no documents signed from 2013 to 2015 stated that Nigeria would be liable to pay $1.2bn if it defaulted on the contract for the Azura-Edo Independent Power Plant. The Chairman of the Senate Committee on Power, Gabriel Suswan, had said…

Read More

NBET fails to pay Gencos N181.39bn as Nigeria’s power crisis deepens

Jul 29, 2020

The liquidity crisis in the nation’s power sector has taken a turn for the worse as payment to generation companies for the electricity produced and fed into the national grid has slumped to 14.55 per cent. The Nigeria Bulk Electricity Trading Plc failed to pay the Egbin and 24 other power stations a total of…

Read More

Presidency explains why Nigeria exports electricity to Benin, Niger

Jul 29, 2020

THE Presidency on Tuesday said the Niger Republic and Benin Republic owe the country $20million. It said while Niger owes only $16 million, Benin owes $4 million, adding that when converted, it amounts to about N1.2billion. The Presidency also explained that the country entered electricity power export agreements with some of her neighbouring countries so…

Read More

FG approves loan for Siemens to revamp Nigeria’s power infrastructure

Jul 29, 2020

Nigerian President Muhammadu Buhari approved counterpart funding for a deal that will see Siemens AG upgrade the nation’s dilapidated power infrastructure. Nigeria, Africa’s most populous nation, last year contracted the German engineering company to rehabilitate and expand its electricity grid. Only about two-thirds of Nigerians have access to power and even those are plagued by…

Read More