By Oke Peter The Transmission Company of Nigeria (TCN), has disclosed that it has installed two 132/33kV power transformers with a 60MVA capacity in Uyo and Kano substations. TCN’s General Manager, Mrs Ndidi Mbah, who made this known in a statement in Abuja, on Friday, said TCN had also energised its Nsukka 30MVA transmission substation…
Some experts in the power sector said that the installation of meters within 10 working days of payment on the premises of electricity consumers by Meter Asset Providers (MAPs) was not realistic. They spoke to the News Agency of Nigeria (NAN) on Friday in Lagos. According to the experts, some reasonable steps would have to…
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru, has restated the corporation’s commitment to support indigenous companies operating in the oil and gas industry to grow to their fullest potential. The GMD who stated this in Lagos, on Thursday, at the official unveiling of 11 new helicopters to Caverton…
In its determination to stop energy theft, the management of Kaduna Electric has constituted an internal Joint Task Force (JTF) to fight the menace. Recently the JTF team visited customers under Kakuri Feeder and discovered about 399 meters that have been bypassed. The team covered Babna Dodo and Zango streets where only 30 customers tendered…
By Oke Peter The hope of getting constant electricity supply in Nigeria may not yield desired result due to three major reasons. These issues are systemic and fundamental and it seems to have defied workable solution. Regulatory hitches had been identified as one of the challenges confronting the power sector in the country. Truth be…
Electricity Distribution Companies (DisCos) must be super-effective in every responsibility bestowed on them for the power sector to thrive, a renewable energy expert has said. The News Agency of Nigeria (NAN) has reported. The Chief Executive Officer, SolarCentric Technologies Limited, Adetunji Iromini, stated this, noting that “the power sector value chain is financed by bill…
By Energy Worth The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has called on Nigerians to report any infringement on the sales of the premium motor spirit (PMS) to the Department of Petroleum Resources (DPR) nearest to them. Baru says there is no reason for any marketer to the…
The Nigerian Extractive Transparency Initiative (NEITI) Executive Secretary, Waziri Adio, has disclosed that Nigeria’s oil revenue experienced a steep decline between 2011 and 2015. Nigeria, he said, earned about $68.4billion from oil in 2011, and a paltry $24.7billion in 2015. According to a report by Downstreamview, he said the Nigerian National Petroleum Corporation (NNPC) was…
By Oke Peter The House of Representatives, on Thursday, said it would meet with Community Development Associations (CDAs) in different geo-political zones in the course of its Ad Hoc Committee assignment, to curb excessive electricity charges. Chairman of the Committee, Honourable Ajibola Famurewa (Osun-APC), who made the assertion at the inaugural meeting of the committee,…
Energy Worth with Agency Report Nigeria is yet to ratify the alliance framework of International Solar Alliance (ISA), as developing countries who have signed and ratified the alliance framework stand to benefit from French pledges of $861.5 million. France says the money will go into funding solar projects in developing countries, according to President Emmanuel…
