Power

UK electricity regulator says Nigeria power sector is ‘tiny baby steps’

Dec 31, 2013

The privatization of the power sector in Nigeria is ‘a tiny baby steps toward the right direction,’ Managing Director at the United Kingdom’s Office of Gas and Electricity Markets (OFGEM) and Legal Adviser to the Gas and Electricity Markets Authority (GEMA), David Ashbourne has said. Speaking in an exclusive interview with Daily Trust at the…

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Non-payment of bills posing big challenge to Discos, says BEDC

Dec 31, 2013

The management of Benin Electricity Distribution Company, BEDC, in charge of Asaba and Agbor districts in Delta State, has decried the non-payment of electricity bills by consumers, noting that same was posing a big challenge to the company. It added that it won’t write off outstanding bills incurred before it came on board. It called…

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Sue new PHCN owners for poor quality service, FG tasks consumers

Dec 31, 2013

The Federal Government said at the weekend that electricity consumers now have the right to sue operators in the Nigerian Electricity Supply Industry (NESI) for breach of agreement, criminal activities and poor quality service delivery. The government stated this through the Nigeria Electricity Regulatory Commission (NERC), which also expressed readiness to convict erring power asset…

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2013: Efficient electricity services still a mirage

Dec 31, 2013

The power sector privatisation programme was largely implemented with the successful sale of 11 distribution and five generation companies. However, long standing systemic issues cave continued to ensure that Nigerian remain in darkness. CHIDI UGWU reports. On May 23,2013 the sacked minister of state for power, Hajia Zainab Kuchi, had projected that power generation would…

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Govt hailed on power sector reform

Dec 31, 2013

The Federal Government has been lauded for privatising the Power Holding Company of Nigeria (PHCN) Plc. The exercise is a right step to wards the diversification of the economy, according to the Chairman, Gold Horse Group, Mr Temple Peters. In a statement, Peters said the economy’s diversification was imperative because “we can no longer rely…

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Ikeja Disco strategises for improved electricity supply

Dec 31, 2013

The Ikeja Electricity Distribution Company (IKEDC), under its new management, has held inaugural Town Hall meetings across its various locations in its bid to establish a roadmap towards providing uninterrupted quality power supply to all its customers in the nearest future. The forum, which is designed to hold periodically, also identified the need for engendering…

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PHCN core investors faced acrimonious entry into market – Amadi

Dec 31, 2013

The Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr. Sam Amadi has stated that the initial challenges in the stabilisation of operations within Nigeria’s privatised electricity market were largely caused by the hostile reception of the new core investors by the market. Speaking recently in Abuja on the progress of the sector, Amadi said…

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Nigerians may celebrate New Year in darkness

Dec 30, 2013

Majority of Nigerians may celebrate the New Year festivity in darkness as power cut worsens. Many electricity consumers were thrown into darkness during the Yuletide season and the situation has not improved. Our correspondent learnt that power supply to many areas in Lagos had been poor in recent weeks. Some of the affected areas are…

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FG to stop loan repayments on Olorunsogo, Omotosho power plants

Dec 30, 2013

The federal government is to formally stop the repayment of the 60 per cent worth of loans partly used in the construction of the 335 megawatts (MW) Olorunsogo and 335MW Omotosho power plants by Chinese consortiums. The  stoppage of interest payment on the loan is, however, made possible by the formal signing of Power Purchase…

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Kwara govt boosts power supply

Dec 29, 2013

The Kwara State Governor, Alhaji Abdulfatah Ahmed, says the state government has procured and distributed 39 distribution transformers of various ratings across the 16 local government areas of the state in an effort to boost power supply in the state. He spoke to journalists in Ilorin on Tuesday. Noting that stable power supply was inevitable…

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