The Federal Government on Monday ordered the Nigerian Electricity Regularly Commission (NERC) to enforce the contract mandating power distribution companies to provide meters to customers and eliminate estimated electricity bills in the power sector. It said the directive to NERC became vital following the number of complaints coming from power consumers on meters, which the…
Some consumers of electricity in Ogun State have lamented alleged estimated billings by the Ibadan Electrical Distribution Company. The residents said aside from the excessive charges, the power supplied by the electricity company was poor. They noted that they were discouraged from paying their bills because the charges did not reflect their power consumption. PUNCH…
Nigeria’s electricity distribution companies under the aegis of the Association of Electricity Distribution Companies (ANED) have said the major problem in the sector is the regulator, the Nigerian Electricity Regulatory Commission (NERC), who are partial, unfair and incompetent but the regulator says the group doesn’t worth a response. This highlights the depth of the friction…
The Nigerian Electricity Regulatory Commission (NERC) has reportedly given the Transmission Company of Nigeria (TCN) its approval to procure extra power to serve as spinning reserve that could stabilise Nigeria’s electricity grid when there are unforeseen disturbances. THISDAY gathered this much from the Managing Director of the TCN, Mr. Usman Mohammed, in Abuja, when the…
By Energy Worth OrderPaper Advocacy Initiative has disclosed its plans to convene a colloquium on the Petroleum Host and Impacted Community Development Bill (PHICDB). The Programme Executive of the group, Mej John Obada, disclosed this in a statement. He said the meeting would discuss issues around ongoing legislative and policy reforms in the petroleum industry,…
By Nick Cunningham The oil industry might not be able to produce enough oil to meet global demand in a few years’ time. To be sure, much of the oil world is focused on the supply fears in the near-term. The outages in several OPEC nations, plus the tightening noose on Iran from the U.S….
Energy Worth with Agency Report The Dangote refinery plans to start selling petrol, diesel and aviation fuel by early 2020, but the fertiliser plant, will start producing urea this year, Edwin Devakumar, the group executive director told Bloomberg. The $10 billion refinery, set to be one of the world’s largest and which can process 650,000…
