Category: Power
Four Nigerian universities to get Hybrid Energy solutions
By Energy Worth The Federal Ministry of Power and the Rural Electrification Agency (REA), is partnering with a private company- METKA Power West Africa to provide hybrid energy solutions to four federal universities and university teaching hospitals across the country. In a press statement released by Mytilineos – the parent company of the partnering firm,…
TCN urges DisCos to recapitalise
By Oke Peter The Transmission Company of Nigeria (TCN), on Wednesday, has called on the electricity Distribution Companies (DisCos) to recapitalize their investment in order to enhance their network distribution. The company expressed fears that despite its existing capacity, load rejection from the DisCos, which causes high frequency and system collapse could still persist unless…
Lagos communities sue FG, Eko Disco over extortion
Energy Worth with Agency Report Landlords and tenants of Alaba Oro, Mosafejo Amukoko, Abule Kere and Olaniyonu communities in Lagos, instituted a N50m suit against the Nigerian Electricity Regulatory Commission (NERC) and Eko Electricity Distribution Company PLC over estimated electricity billing. The News Agency of Nigeria (NAN) has reported. Raji Yusuf Olatunji, Omololu Sulaiman, Muritala…
FG needs Energy Council to solve Nigeria’s power problem —NAEE
By Energy Worth The Nigerian Association for Energy Economics (NAEE), has called on President Muhammadu Buhari-led administration to set up an energy council made up of experienced and reliable energy professionals and operators from across the country to advise and proffer workable solutions to the federal government on how to address Nigeria’s dilemma with her…
Only 3.36m out of 8m billed electricity consumers have meters in Nigeria —NERC
The Nigeria Electricity Regulatory Commission (NERC) has disclosed that only 42 per cent, translating to 3,360,000 out of eight million billed electricity customers, have meters in the country. NERC commissioner in charge of finance and management services, Nathan Shatti, gave this information at the monthly NEXIER Power dialogue for the month of April held in…
Group gives Kaduna Disco 4-week ultimatum to address epileptic power supply
By Energy Worth The Kaduna Electricity Distribution Company (KAEDCO), has been given four weeks ultimatum to comply and adhere strictly to the Nigeria Electricity Regulations Company (NERC), guidelines, the law that established them and business ethics to ensure stable power supply to its consumers. After extensive deliberations at a tripartite meeting with Civil Society Organizations,…
Gas-to-Power investors lose N109.5bn annually to dollar transactions
Gas producers for Nigeria’s power sector lose N109.5 billion yearly to dollar-denominated transactions in the supply of 1.5 billion-2 billion cubic feet of gas per day (bcf) to the domestic market, THISDAY has reported. The gas producers have asked the Nigerian Bulk Electricity Trading Plc (NBET) to pay for gas supplied for power generation at…
World Bank loan aims to enhance private investment in Nigerian power sector
The Managing Director of Nigeria’s Rural Electrification Agency (REA), Mrs Damilola Ogunbiyi has said the private sector is essential to achieving its goal of developing ten thousand mini-grid sites by 2023. Research has shown that Nigeria is home to 186 million people, 43 per cent of whom live without basic access to electricity. The country…
Microgrids can bridge electricity gap in Nigeria —Seydon Kane, Managing Director for Africa, Eaton
The Managing Director for Africa, Eaton, a power management company. Mr. Seydou Kane, in this interview with ’FEMI ASU, says the adoption of microgrids can help bridge the huge electricity gap in Nigeria. Excerpt What are your thoughts on the Nigerian power sector? South Africa, with a population of about 55 million habitants, has…
Siemens advocates Egypt model of electricity for Nigeria
To realize regular electricity supply in Nigeria, the need for the Federal Government to adopt the Egypt model of power generation has been emphasized. Egypt is currently building a gas-fired power station, regarded as the largest in the world. When fully completed, the plants are expected to supply enough electricity for 45 million people and…