Category: Power

Energy Worth with Agency Report The Federal Ministry of Water Resources, said on Tuesday that negotiations were on to fully concession the 30MW Gurara Power Plant in Kaduna State. The News Agency of Nigeria (NAN) reports that the project is expected to enhance power supply in the northwest part of the country. Mr Benson Ajisegiri,…

By Energy Worth Protesting youths from the Ondo Southern Senatorial district, on Wednesday, carried out their threat to block the ever busy Benin-Ore /Lagos road, in the Odigbo Local Government Area of the state, protesting over the ten years power outage and neglect of the area by the successive government. The protesters who trooped out…

By Energy Worth The federal government has reportedly approved the Transmission Company of Nigeria (TCN) to be the anchorman for a N72 billion investment it plans to sink into the 11 electricity distribution companies (Discos) to upgrade their distribution infrastructure and networks. This is just as the TCN has dissed Discos in Nigeria for repeatedly…

By Energy Worth   The Transmission Company of Nigeria (TCN) says it will construct six 330kv transmission substations in Lagos and Ogun s to improve power supply and boost industrialisation in the country. The Managing Director of TCN, Mohammed Usman-Gur, made this known at a news conference in Abuja, on Tuesday. He said the construction…

By Energy Worth The organised labour has called on the Federal Government to immediately review the privatisation of the power sector and revoke the licences of Electricity Generation Companies, GENCOs and Electricity Distribution Companies, DISCOs, to tackle the worsening power situation in the country. Speaking through the United Labour Congress of Nigeria (ULC), labour said…

By Energy Worth The Minister of Power, Works and Housing, Babatunde Fashola  has called on state governors to support access to electricity through improved power infrastructure in their respective states, saying “It is no longer news that the Distribution Companies (DisCos) are having difficulty funding Distribution Infrastructures”. “Therefore, as collective 40% shareholders, we cannot sit…

By Energy Worth The disagreement between the Federal Government and power distribution companies continued on Tuesday, with the Discos threatening to quit the sector and expressed willingness to resell the power assets at discounted rates. Investors in the Discos came out this time around to speak for their companies rather than sending the spokesperson for…

By Energy Worth As part of efforts to improve power supply in Edo State, the Benin Electricity Distribution Plc (BEDC) has inaugurated a total of 1,694 distribution transformers in the state since the new management take over in 2013. The company, which disclosed this in a customer information update on Edo State it released recently,…

By Energy Worth  The Chairman, House of Representatives Ad-hoc Committee investigating alleged constitutional breaches, impunity and other infractions of the Niger Delta Power Holding Company (NDPHC), Honourable Darlington Nwokocha (PDP, Abia), on Monday, described the past and present boards and management of the NDPHC as illegally constituted largely because their appointments were never ratified by…

By Energy Worth The electricity distribution companies (Discos) through the Executive Director, Research and Advocacy, Association of Nigerian Electricity Distributors (ANED), Mr Sunday Oduntan, while at a press conference in Lagos described the liquidity crisis in the sector as a major issue, stressing the need for the government to put in place a cost-reflective tariff,…