The eleven electricity distribution companies (Discos) in Nigeria’s power market have alleged that the amount of monies owed them by members of the Manufacturers Association of Nigeria (MAN) as shortfall in the 2015 electricity tariff approved by the Nigerian Electricity Regulatory Commission (NERC) but which MAN refused to accept was about N30 billion. They said…
The Police on Tuesday, arraigned a customer of Abuja Electricity Distribution Company (AEDC) Plc, Mr Abdulateef Mustafa before the Federal High Court sitting in Abuja for alleged theft of electricity through meter bypass. The suspect, a middle aged man who resides at No. 16 Tema Street, Wuse Zone 6, Abuja, was accused of illegally consuming…
Chevron Nigeria Limited and its partners have invested $25m in various health development programmes across the country to fight AIDS, tuberculosis and malaria. A representative of the firms, Dr. Femi Pitan, disclosed this in a conference on Sustainable Financing to End Tuberculosis in Abuja recently. He said the provision of quality health care delivery was…
The Federal Government, on Wednesday, constituted an 18-man special panel to investigate and prosecute electricity offences within the South East geopolitical zone. The panel, which FG said was set-up inline with provisions of the Electric Power Sector Reform Act, 2005, was inaugurated at the Federal Ministry of Justice Headquarters in Abuja by the Director of…
The challenge of gas supply in the nation’s power sector left nearly 2,000 megawatts capacity idle at 12 power plants on Wednesday. The nation’s unutilised electricity generation capacity due to gas constraints stood at to 1,987.5MW as of 6am on Wednesday, down from 2,482MW on Tuesday, data obtained from the Federal Ministry of Power, Works…
Energy Worth with Agency Report Minister of Power, Works and Housing, Mr Babatunde Fashola has reiterated the need for Africa to intensify efforts in improving transmission grid for renewable energy to be effectively developed on the continent. Fashola stated this during a a two-day conference on Renewable Energy Development, organised by the Centre for Petroleum,…
In demonstration of her commitment and dedication to excellent service delivery. The Nigeria’s largest distribution network, Ikeja Electric, has recently commissioned additional feeders within her Ikorodu network area. The additional feeders are for Bayeku feeder at Igbogbo injection substation and Ladega 11KV feeder at Sabo Injection Substation. According to Ikeja Electric, the feeders are expected…
By Energy Worth Ibadan Electricity Distribution Company (IBEDC) has said the 33KV lines to Lalupon town and its environs are under rehabilitation. The IBEDC said in a statement on Wednesday, said that contractors were working assiduously to ensure that power supply would improve up to the tail end of Lalupon feeder by the end of…
Following the partnership formed by GE and Noble Corporation Plc, the two companies have launched the world’s first digital drilling vessel, targeted to achieve 20 per cent operational expenditure reduction across the targeted equipment and improve drilling efficiency. This is a concrete step forward to unlock the immense potential of digital solutions for offshore drilling…
Pioneer Managing Director of the Nigerian National Petroleum Corporation (NNPC), Chief Festus Marinho, has expressed happiness seeing his dreams for the corporation come into fruition. Chief Marinho disclosed this during his visit to the corporation, even as he commended the management of the corporation, led by the Group Managing Director, Dr. Maikanti Baru, for emplacing…
