Category: Power
Suspicion over FG’s N75bn power sector bailout fund
The current on-going effort by the Federal Government of Nigeria to inject about N75 billion of taxpayers money towards improving the infrastructural and technical gaps and closing all areas of service inefficiencies in the distribution sub-sector has been applauded by critical stakeholders in the Nigerian power sector value chain as timely and a welcome development…
Dangote deep-sea pipeline ‘ll boost Nigeria’s power generation by 12,000mw
By Energy Worth The Dangote Group’s sub-sea pipeline infrastructure is expected to augment the natural domestic gas supply and add an estimated 12,000 Mega Watts (MW) to Nigeria’s power generation capacity. Dangote also has plans to construct a 570 MW power plant within refinery complex. The 12,000mw, which is being expected from the Dangote subsea…
Ikoyi, environs to experience power interruption —EKEDC
By Energy Worth The Eko Electricity Distribution Company on Tuesday announced that there would be power interruption four hours daily in Ikoyi and other adjoining areas in Lagos Island for the next one week. Godwin Idemudia, the General Manager, Corporate Communications of EKEDC, made this known in a statement in Lagos. According to Idemudia, the…
Towards ensuring regular electricity supply in Nigeria
Nigeria has about 11,165 Mega Watts (MW) of electricity generating capacity, out of which only about 25 per cent is available and operational due to gas constraints.Again, about seven per cent of the generated electricity is lost across the transmission network. In general, there is a transmission capacity of 7,000MW, wherein close to 90 per…
CJN tasks Judges on stringent punishment for electricity, pipeline vandals
By Energy Worth The Chief Justice of Nigeria (CJN) and chairman, Board of Governors, National Judicial Institute (NJI), Abuja, Justice Walter Onnoghen, on Monday, said the judiciary would be stringent in applying punishment for electricity and pipeline vandals. Justice Onnoghen stated this at an interactive session with judges organised by the Niger-Delta Power Holding Company…
Sahara Power Group advocates energy sector growth
By Energy Worth To further stimulate growth in the Nigerian energy sector and create enabling environment that drives development across the sub-sector, Managing Director, Sahara Power Group, Mr Kola Adesina, has urged policymakers to critically re-assess existing policies with the aim of analyzing their consequential impact on stakeholders. Adesina made this remark at the maiden…
FG approves N37bn for private meter providers
By Energy Worth The Federal Government on Monday, said it would take advantage of the Meter Asset Provider Regulations recently introduced by the Nigerian Electricity Regulatory Commission (NERC), by providing N37bn for the supply of meters by the private sector. It also charged power firms to consult the Nigerian Meteorological Agency in order to effectively…
Rains ‘ll affect running of distribution, transmission networks —Fashola
By Energy Worth The Minister of Power, Works and Housing, Babatunde Fashola, has warned that the raining season will pose a major challenge to the transmission and distribution arms of the power industry. According to him, although the rains will benefit hydro power stations, it will also pose some difficulties in the running of the…
Estimated billing: DISCOs need N299B to install 4.1m meters —ANED
The electricity Distribution Companies DISCOs, said, on Thursday, that about N299 billion is required to close the 4.1 million metering gap. Prepaid Meters The DISCOs also seek more capital expenditure, CAPEX, window and legislative actions for mobile courts to swiftly tackle energy theft and meter bypassing. The Association of Nigerian Electricity Distributors, ANED, said during…
TCN’s control of DisCos and sustainable electricity supply
Minister of State II for Power, Works and Housing, Alhaji Sulaiman Hassan Jara first announced that the Federal Government of Nigeria (FGN) planned to invest N72 billion in the electricity distribution companies (DisCo). In a subsequent announcement, the Hon. Minister of Power, Works and Housing, Mr Babatunde Raji Fashola (SAN), stated that the Federal Government…