Eko DISCO develops code of conduct against sharp practices

Jul 29, 2014

Eko Electricity Distribution Company, EKEDC (Eko Disco) said it has developed a new code of conduct for its staff, warning that it will not hesitate to sanction any of its personnel engaged in unethical conducts, especially against its customers.  “The company has developed a new code of conduct to guide its staff in their interaction…

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Fashola seeks legislation for states to generate, transmit electricity

Jul 29, 2014

In a bid to ensure that Lagos State attains its minimum electricity supply of 10,000 megawatts, Governor Babatunde Fashola has called for a legislation that will empower each state of the federation to generate and transmit electricity for the benefits of its citizenry. Speaking at a Community Enterprise Development Conference held in Lagos recently, Fashola…

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NERC blames poor power supply on Nigerians

Jul 29, 2014

The National Electricity Regulatory Commission’s (NERC) has blamed Nigerians for being partly responsible for the poor power supply in the country. Its  General Manager Dr Tony Akah who spoke yesterday said most electricity consumers in the country prefer to swicth on electrical appliances even when they are not at home, addinmg that wastages such as…

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TCN plans 20,000mw evacuation capacity by 2020

Jul 29, 2014

As part of the measures to strengthen the transmission infrastructure to withstand increase in power generation, the Transmission Company of Nigeria (TCN) plans to boost its infrastructure to have the capacity to evacuate 20,000 megawatts of electricity by 2020. The country’s weak transmission network has led to frequent collapse of the power infrastructure as soon…

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Power sector investors give conditions to end lull in investment

Jul 28, 2014

The various power sector investors that bought into the Federal Government’s power privatisation programme last year may have given fresh conditions before they end the current lull in investment in the sector. They were said to be asking for the gas sector’s fiscal regime to be improved before they proceed with investments of any significance.…

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Nigeria, US sign MoU to build $2.5bn power plant

Jul 25, 2014

At least 1,5000 megawatts (mws) of electricity is expected to be added to the national grid following an agreement signed between Nigeria and Global Edison Corporation for the construction of a $2.5 billion gas-powered plant. The plant to be located in Anambra State is part a memorandum of understanding (MoU) signed between Nigeria and the…

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FG considering 3 options for TCN privatisation as Customs releases 248 containers of abandoned power equipment

Jul 25, 2014

The Federal Government is considering three options for the privatisation of the Transmission Company of Nigeria. This was disclosed by the Minister of Power, Prof. Chinedu Nebo, in Lagos on Thursday while answering questions from journalists during the handover of 248 containers containing electrical equipment, which were abandoned at the Lagos Port by the defunct…

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Ministry clarifies position on power generation target

Jul 24, 2014

The Ministry of Power has clarified its position on power generation target, saying 6,000 megawatts (mws) is projected to be achieved by the end of 2014 and not 10,000mws. The ministry recently issued a statement saying that 10,000mws of electricity is projected to be achieved by the end of 2014. But making the clarification in…

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FG plans new sanctions for electricity bill defaulters

Jul 24, 2014

The Federal Government, yesterday, vowed to mete out severe sanctions to perpetual defaulters in the payment of electricity bills. According to a statement by Mr. Benjamin Dikki, Director-General, Bureau of Public Enterprises, BPE, government is considering a law stipulating stiffer sanctions for perpetrators of energy theft, perpetual bill defaulters and vandals of electricity equipment. He said…

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Sahelian Power injects N500m into Kano DISCO

Jul 23, 2014

The Managing Director of Sahelian Power (SPV) Limited, owners of Kano Electricity Distribution Company (KEDC), Dr. Jamil I. Gwamna, has disclosed that the company had injected over N500,000,000 in KEDC since takeover in November 2013. He made the disclosure on Tuesday when a post privatisation monitoring team from the Bureau of Public Enterprises (BPE), in continuation…

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