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…
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…
