December 20, 2018 – Energy Worth Online

FAAC: Shocker as $1.68bn is withdrawn from ECA in 3 weeks

Energy Worth6 years ago6 years ago04 mins

Oke Peter with Agency Report The Federal Account Allocation Committee (FAAC) rose from its last meeting in 2018 with a startling disclosure that the Excess Crude Account (ECA) crashed from $2.319 billion to $631 million between November 25 and December 19, meaning $1.68 billion (72.7%) was withdrawn from the account within three weeks. This is…

Ikeja Electric expands network maintenance to ensure stable supply during yuletide

Energy Worth6 years ago6 years ago05 mins

The management of Ikeja Electric (IE) has announced the expansion of network patrol teams and field operations preemptive maintenance across its network to ensure customers have an enjoyable yuletide. In a statement released by the company’s Head of Corporate Communications, Felix Ofulue on Wednesday, the move will see various installations undergo preventive maintenance work, as…

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Day: December 20, 2018

FAAC: Shocker as $1.68bn is withdrawn from ECA in 3 weeks

Ikeja Electric expands network maintenance to ensure stable supply during yuletide