Power

Eko DISCO to invest $42b in five years to stabilize power delivery

Feb 28, 2014

Eko Electricity Distribution Company of Nigeria Plc, Lagos, on Thursday, said it is determined to stabilise power supply in its area of operation, with plans to invest over $42 billion in infrastructure over the next five years as part of enhancing service delivery. The funding is to be sourced from a combination of international investors…

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House Committee tasks new investors on steady power supply

Feb 28, 2014

The House of Representatives Committee on Power has asked the new investors in the power sector to step up efforts aimed at improving electricity generation, transmission and distribution in the country. Speaking yesterday at the official inauguration of the Nigeria Electricity Regulatory Commission (NERC)/Eko Electricity Distribution Company (EKEDC) Customer Forum office in Lagos, a member…

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FG goes tough on manufacturers of sub-standard electricity poles, others

Feb 28, 2014

The federal government yesterday began the process of easing out sub-standard products used by operators in the Nigerian Electricity Supply Industry (NESI) starting with concrete electricity poles. In this regard, the government, through the Electricity Management Service (EMS) Limited, one of the successor companies that emerged from the unbundling of defunct Power Holding Company of…

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Power Ministry plans new departments to improve efficiency

Feb 27, 2014

The ministry of power is planning a restructuring that will see the creation of new departments in an effort to improve efficiency and deliver stable electricity to Nigerians. This was disclosed by the permanent secretary of the ministry, Mr Godknows Igali, during a presentation to the peer review team of the body of permanent secretaries…

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Experts proffer ways to improve electricity supply in Nigeria

Feb 27, 2014

The private sector has been called upon to support the federal government in a bid to make electricity accessible to every Nigerian irrespective of where they live, class or status. This was part of submission made by the President of the International Association of Energy Economists (IAEE) Prof. Wumi Iledare, at the just concluded 7th…

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General Electric Nigerian sales to triple on gas for power

Feb 27, 2014

General Electric (GE) will triple its sales of gas-fired turbines to emerging markets (EM) such as Nigeria, over the next three years, said GE Chief Executive Officer Jeffrey Immelt. “There’s tremendous investment in networks” to get gas from producing regions to the populations and industries that rely on the fuel, Immelt said. GE is expanding…

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NERC plans dispute resolution body for privatised power sector

Feb 27, 2014

As part of the conditions precedent for the declaration of the now postponed Transitional Electricity Market (TEM), the Nigerian Electricity Regulatory Commission (NERC) has concluded plans to constitute a Dispute Resolution Panel (DRP) soon. Already, the commission has appointed Professor Mamman  Lawan of Bayero University, Kano as the Dispute Resolution Counsellor as part of the…

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Stop buying transformers, cables, IKEDC warns customers

Feb 27, 2014

The Ikeja Electricity Distribution Company has warned its customers to desist from buying electricity equipment in their desperate bid to replace faulty facilities. It is common among electricity consumers in the country to contribute money for the purchase of faulty power equipment such as transformers and cables in order to facilitate quick repairs by the…

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Eko DISCO laments rising attacks on electricity facilities, workers

Feb 26, 2014

The management of  the Eko Electricity Distribution Company, EKEDC, has lamented the spate of vandalism of its facilities and continuous brutalisation of its workers by members of the public while discharging their legitimate duties. The company’s Assistant General Manager, Public Affairs, Mr. Godwin Idemudia, said the company was deeply worried over the daily attacks on…

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Electricity consumers groan under lingering outages

Feb 26, 2014

Despite the Nigerian National Petroleum Corporation’s (NNPC) efforts in ensuring regular supply of electricity through its current repairs of the vandalized pipelines, power supply in the country remained epileptic, with business operators and other stakeholders lamenting the lingering saga. Before the take over of the electricity firms by new investors in November last year, there…

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