Power

BPE explains delay in regularisation of PHCN casuals

Oct 22, 2013

The Bureau of Public Enterprises (BPE) has said the initial counter-directive issued to casual workers of the Power Holding Company of Nigeria (PHCN) by executives of their various unions was responsible for the delay in regularising their employment status with the utility company. Director General, BPE, Benjamin Dikki, told reporters on the sidelines of the…

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Fidelity Bank supports FG’s power reforms

Oct 22, 2013

Fidelity Bank Plc has said it will continue to support the federal government’s power sector reforms by being actively involved in the financing of various Independent Power Projects (IPPs) in the country. The bank said the decision came out of the realisation that millions of lives were usually touched by the success of any power…

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FG inaugurates $6m World Bank assisted transmission infrastructure

Oct 22, 2013

The federal government has formally inaugurated a new electricity transmission sub-station constructed in Karu, Federal Capital Territory (FCT), Abuja under the World Bank inspired National Energy Development Project (NEDP). The 2x60MVA, 132/33kV transmission sub-station and its associated equipment was opened for operation by the Minister of Power, Prof. Chinedu Nebo, yesterday in Abuja. Nebo also…

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Lagos to set up electricity metre manufacturing line

Oct 21, 2013

Unavailability of electricity metres which has become a major headache of majority of electricity consumers may soon be a thing of the past in Lagos State following the plan by the state government to set up a metre manufacturing line. Governor Babatunde Fashola (SAN), who made the disclosure on Thursday, during the inauguration of the…

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Blackout in Kaduna as Mando transmission shuts down

Oct 21, 2013

Kaduna and its environs were on Saturday thrown into darkness following the shutdown of the Mando transmission power plant. At the time of filing of this report, power had not been restored to some of the affected areas including Rigachikun, Ungwan Kaji, Rafin Guza, Ungwan Dosa, Badarawa, Malali, Ungwan Sarki, Ungwan Rimi, Ungwan Shanu, Ungwan…

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Jonathan says labour issues won’t disrupt power handover; inaugurates Omotosho 11 plant

Oct 21, 2013

President Goodluck Jonathan has said that labour issues, especially the payment of workers’ entitlements, will not stop the Federal Government from physically handing over the privatised power generation and distribution companies to private investors in two weeks’ time. The President spoke at the inauguration of the 500-megawatts Omotosho 11 power plant in Ondo State on…

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FG clears 40,093 PHCN staff for severance benefit

Oct 21, 2013

Director General, Bureau of Public Enterprises (BPE), Mr. Benjamin Ezra Dikki has said 40,093  workers of  the   Power Holding Company of Nigeria (PHCN) had so far been cleared  and forwarded to the Office of the Accountant General of the Federation (OAGF) for payment in the on-going  exercise for the payment of severance benefits to the…

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We should work towards 160,000mw next year – Nebo

Oct 18, 2013

Minister of Power Prof. Chinedu Nebo has urged Nigerians to look beyond 10,000 Mega Watts (MW) for a population of 170 million people next year and plan for 160,000MW like South Africa. Speaking at the third Nigerian Alternative Energy Expo (NAEE) in Abuja, he said: “But what is 10,000MW for a population of 170 million…

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Lagos inaugurates Alausa power project

Oct 18, 2013

The Lagos State Government Thursday inaugurated  the 10.4mw Alausa Power Project, which was expected to supply power to the state secretariat in Alausa and its environs. The power plant, which is to run on natural gas, is a Public-Private Partnership (PPP) that was developed by Oando Plc and financed by Fidelity Bank Plc. The Governor,…

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BPE transfers $2.5bn PHCN privatisation proceeds to OAGF

Oct 18, 2013

The Bureau of Public Enterprises (BPE) Thursday disclosed that it had remitted proceeds from the sale of 14 successor generation and distribution companies of the Power Holding Company of Nigeria (PHCN) to the Office of the Accountant General of the Federation (OAGF). Director General of the BPE, Mr. Benjamin Dikki, said in Abuja, yesterday that…

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