Category: Power
Only 22% poorest Nigerian households have electricity access —World Bank
According to the World Bank latest report, most poor households in Nigeria are not connected to the country’s electricity supply network as only 22 per cent of the poorest of them have access to grid power.
DisCos to begin installation of free four million prepaid meters soon —Power Minister
Nigerian Minister of Power, Engineer Sale Mamman says electricity distribution companies will soon begin the installation of four million free prepaid metres across the country.
Power Minister appeals to Nigerians over recent power outages
The Minister cited a breakdown of some National Integrated Power Plants supplying electricity to the national grid as being behind the recent power outages.
Wärtsilä announces new 132MW gas engine power plants maintenance contract in Nigeria
The technology group Wärtsilä has signed a long-term Optimised Maintenance agreement covering power plants in three locations owned by Paras Energy, a 100 percent privately-owned Nigerian energy provider. The aim of the agreement is to ensure the plants’ continued high levels of availability, reliability and efficiency, while providing important cost predictability for future budgeting purposes. The agreement was signed with Wärtsilä in the first quarter of 2021.
Power distributors now selling govt’s free meters, consumers allege
Power consumers have raised the alarm that power distribution companies were now selling the free meters that were provided for electricity users by the Federal Government.
Schneider Electric accelerates its sustainability strategy
…Comes Top in Corporate Knights Ranking of World’s Most Sustainable Corporations Schneider Electric, the leader in the digital transformation of energy management and automation, on Monday, doubled down on its long-standing strategy to embed environmental, social and governance considerations into every facet of its activities – and to assist its customers and business partners in…
Globeleq acquires 74% stake in Nigerian power business CPGNL Limited
Globeleq, an independent power generation company will take a 74% stake in Nigerian power business CPGNL Limited
Power Minister orders NERC to forestall the implementation of duly performed review of tariffs
To promote a constructive conclusion of the dialogue with the Labour Centers (through the Joint Ad-Hoc Committee), I have directed NERC to forestall the implementation of the duly performed minor review (which adjusted tariffs between N2 per kWh and N4 per kWh) until the conclusion of the Joint Ad Hoc Committee’s work at the end of January 2021.
Policy flip flop obstructing power sector development —GenCos
Power generation companies (GenCos) have forecast a gloomy future for power, saying there is no clear policy to enhance the performance of the sector in the coming year.
National Mass Metering Programme, Siemens AG power project, others will strengthen power sector —Buhari
“The Federal Government is working assiduously to address these financial and fiscal challenges through various programmes such as the National Mass Metering Programme, the Siemens AG Power Project and the World Bank Distribution Sector Recovery Programme, etc.”