Category: Power
Kaduna refinery inactive as NNPC loses N10.96bn –Report
The Kaduna Refining and Petrochemical Company, one of the country’s crude oil refineries being managed by the Nigerian National Petroleum Corporation (NNPC) has remained dormant. According to the corporation, the refinery’s capacity utilisation has remained at zero for months, as the KRPC is not refining crude oil despite receiving the commodity. In its latest monthly…
Power generation drops to 2,390MW, 15 plants idle
By Oke Peter Power generation in the country plunged to 2,390.20 megawatts on Monday, as the number of idle power plants rose from seven to 15, according to the latest data from the Federal Ministry of Power, Works and Housing. Total electricity generation has been hovering below 4,000MW in recent months and stood at 3,741.30MW…
Experts to discuss mini-grids, gas-to-power as Future Energy Nigeria holds Nov 13
By Oke Peter Power experts, stakeholders will share success stories, case studies as well as practical solutions that will have immediate impact on the performance of utilities and large power users, renewables, mini grids and Gas-to-Power in Nigeria, at the upcoming 15th edition of Future Energy Nigeria. The event will hold between November 13 and…
Osinbajo inaugurates power project in Lagos, says corruption is Nigeria’s biggest problem
Esther Abiola -Lagos In a bid to solve the problem of insufficient power in the nation’s private sector, the vice president, Professor Yemi Osinbajo has commissioned a 1.5Megawatt independent power project at the Sura shopping complex in Lagos. According to him, the project, which has the full support of the Federal Government through its energising…
We ‘ll add 4.2 gigawatts to national grid –FG
The Federal Government has commenced moves to deploy underutilised power assets to deliver incremental power to industrial centres and needy communities in the country by generating additional 4.2 gigawatts of power to the national grid in the next 12-18months. A statement by the Strategy and Communications Adviser to the Minister of Industry, Trade and Investment,…
Electricity problems can’t be solved by magic –Fashola
By Oke Peter The Minister of Power, Works and Housing, Mr Babatunde Fashola, has said electricity supply in the country is improving slowly and that power problems cannot be solved by magic. Total power generation stood at 3,729 megawatts as of 6am on Wednesday, according to latest data obtained by our correspondent from the ministry….
945MW to be added to grid before year end —Fashola
Abiola Esther – Lagos The Minister of Power, Works and Housing, Mr Babatunde Fashola, on Thursday said that additional 945 megawatts of electricity would be added to the national grid before the end of the year. Fashola said this at the Nigeria-South Africa Chamber of Commerce breakfast business meeting in Lagos themed: “Power Sector and…
NERC considers limiting estimated billing by power firms
By Energy Worth As the outcries from electricity consumers over ‘crazy’ bills continues to rage almost five years after the privatisation of the power sector, the Nigerian Electricity Regulatory Commission (NERC) is considering putting limits on estimated billing. NERC noted that the issue of estimated billing had continued to constitute a major source of complaint…
We ‘ll review DisCos’ performance next year -FG
Damilola Shittu – Abuja The review of the performance of the electricity distribution companies carved out of the defunct Power Holding Company of Nigeria will take place before December 2019. The Director-General, Bureau of Public Enterprises, Mr Alex Okoh, disclosed this in a statement made available to our correspondent in Abuja on Sunday. Okoh said…
EU to assist Buhari’s LGA with 330KVA transformer
The European Union and French Development Bank have committed to procure a 330KVA transformer to improve power supply to Daura LGA and surrounding communities in Katsina, the Transmission Company of Nigeria (TCN) has said. An official of the company, Mr Wale Adeyemi made this known on Tuesday during an inspection of the project site, saying…