Category: Power
NERC set to review power tariffs
By Oke Peter The Nigerian Electricity Regulatory Commission (NERC), on Thursday stated that it would take another look at tariff computation in order to address the various concerns surrounding the issue. According to NERC’s newly inaugurated Chairman, Professor James Momoh, all necessary calculations on electricity tariff will be done by the commission to get the…
Power drop, harsh whether caused Lagos substation fire —TCN
By Energy Worth A drop in the quantum of electricity taken by power distribution companies in Lagos and the harsh weather condition on Thursday led to the explosion of a power transformer and the resultant fire incident at the Alagbon substation. According to the Transmission Company of Nigeria (TCN), although the fire has been put…
Abia govt to partner Geometric, Ruyi Holding to increase power supply in Aba
By Energy Worth In its efforts towards increasing power supply in Aba, the Abia State government, is set to partner Geometric, Ruyi Holding Group to provide an enabling environment that would support commerce to thrive. Consequently, the state government has opened talks with two firms, Geometric Power Limited, the promoters of the independent power plant in…
650m Africans live without electricity —AfDB
Energy Worth with Agency Report The African Development Bank, (AfDB), on Wednesday, says that no fewer than 650 million Africans currently live without electricity. AfDB Director, Communication and Media Relations, Dr Victor Oladokun, disclosed this while welcoming African Journalists on a Media Tour to Saemaul Undong Model village project, in Yamoussoukro, Cote d’Ivoire. “About 650…
We spend N1bn on diesel yearly – Patrick Ejidoh, MD, Champion Breweries
The Managing Director of Champion Breweries, Uyo, Akwa Ibom State, Mr. Patrick Ejidoh, has said that not less than N1 billion is being spent by the company annually on diesel to provide electricity for its operations. He said that surviving manufacturing companies in the country also spend much on power while this not only impacts…
Liquidity crisis threatens FG’s new metering policy
Energy Worth with Agency Report There are strong indications that a new metering policy of the federal government, known as Meter Asset Providers (MAP) regulation, aimed at achieving full metering of electricity consumption in the country within three years, may suffer serious setback as a result of mounting liquidity crisis in the nation’s power sector,…
We’re determined to make 60% monthly remittance to NBET —Emmanuel Katepa, CEO, Copperbelt Energy Corporation
Emmanuel Katepa is the Chief Executive Officer/Managing Director of Copperbelt Energy Corporation (CEC), a core investor in the privatised Abuja Electricity Distribution Company (AEDC). In this interview, Katepa speaks of AEDC’s strategies to raise monthly remittances for bulk energy from the Generation Companies (GenCos) from 35 per cent to 60 per cent before year end….
Nigeria’s Power generation hits 5,090MW, highest in 2018
Latest documents obtained from Nigeria’s power System Operator indicated that peak electricity generation crossed the 5,000-megawatt mark last week. According to the SO, a peak power generation of 5,090MW was recorded on April 26, 2018, which was the highest quantum of electricity ever witnessed on the national grid since the beginning of this year. An…
BEDC celebrates World Safety Day 2018
Benin Electricity Distribution Company, joined the rest of the world to mark the World Safety Day. The campaign which kicked-off at the head office of BEDC is geared towards improving the safety and health of young workers. The News Agency of Nigeria (NAN) has reported. The theme of this year’s campaign is “Generation Safe and…
House of Reps laud Jos Disco over metering programme
The House of Representatives Committee on Power and Privatisation has commended Jos Disco on its customers enumeration and metering programmes. The committee made the commendation during a two days routine visitation to the company. Speaking at the occasion, the committee chairman, Shadimu Mutiu, said the committee on Privatization and Commercialisation was impressed by the metering…