Category: Power

The Federal Government has provided more details on the N72 billion financial facility it plans to provide for the 11 electricity distribution companies (Discos) in Nigeria to upgrade and expand their networks. It said the facility would be a shareholder loan which the Discos must be willing to match or it would be converted to…

Electricity consumers in the country on Wednesday accused electricity distribution companies in the country, saying they have failed to provide uninterrupted and cost friendly power to the citizens almost four years after they took over the successor companies of the defunct Power Holding Company of Nigeria (PHCN). They spoke at the on-going House of Representatives,…

By Energy Worth Following the recent blackout witness in some part of Anambra and Enugu State, Enugu Electricity Distribution Company (EEDC) has installed a brand new 15MVA power transformer at its Nibo Injection Substation in Awka, Anambra State. According to the Head, communications, EEDC, Mr. Emeka Ezeh, he noted that the company made a huge…

The House of Representatives Committee on Privatisation and Commercialisation has postponed its meeting with the power generation companies, GENCOs, in the country. The committee had last week sent a letter to the management of Egbin power plant notifying them of meeting on today in Abuja. The meeting was meant to address issues found to be…

By Energy Worth Nigeria’s first nuclear power plant, with the capacity to generate about 1,200 megawatts of electricity, will be ready for commercial purposes by mid-2020, the Nigeria Atomic Energy Commission has said. NAEC stated that the country had been making progress in the push to diversify its energy sources, adding that the commission as…

The Minister for Power, Works and Housing, Mr Babatunde Fashola has advised investors to focus their investments in the building of mini-grids which can be done without waiting to be licensed and can be quickly deployed. The minister said this in a video posted on the Ministry of Power, Works and Housing’s official Twitter handle…

By Energy Worth House of Representatives Committee on Privatisation and Commercialisation has summoned the management of Egbin Power to a meeting in Abuja for explanations on challenges plaguing power generation in the country. Power generation dropped recently to below 3,000 megawatts, and the biggest hit of the power stations in the country was Egbin. The…

Sixteen of the nation’s 27 power plants have seen their generation capacities limited by gas constraint and frequency management occasioned by distribution companies’ load demand. A total of 2,313 megawatts of power were left unused as of May 8, with 1,935MW due to gas constraint and 1,378.3MW due to frequency management, data from the Federal…

Lagos State Governor, Mr Akinwunmi Ambode, has asked the World Bank to partner with the state government in funding key projects in transportation, energy and water sector. Governor Ambode stated that such partnership will positively impact the economy not the state alone but the country as a whole. He made this known on Thursday during…

By Energy Worth A conference aimed to address the key issues affecting the energy sector in Nigeria and also proffer solutions to them has received the full backing of one of the key players in the sector, Sahara Power Group, a subsidiary of Sahara Group, a leading international energy conglomerate in Africa. Tagged the Light…