Category: Power
Fashola again assure Nigerians of steady power supply
The Minister of Power, Works and Housing, Mr Babatunde Fashola has again, assured Nigerians of uninterrupted power supply in the country. This is coming as operators in the power sector yesterday acknowledged that the World Bank has approved $486 million to support the expansion programme of the Transmission Company of Nigeria (TCN). According to a…
NAPTIN set to train 545 Nigerian, Ghanaian electricity workers
Energy Worth with Agency Report The National Power Training Institute of Nigeria (NAPTIN) is to train 545 of Nigerian and Ghanaian electricity workers under its collaboration with the Association of Power Utilities of Africa (APUA). The Acting Managing Director of the institute, Mr. Ahmed Bolaji Nagode, disclosed recently at the NAPTIN Regional Training Centre in…
Nigerians to pay more for electricity as NERC approves ‘service charge’
The Nigerian Electricity Regulatory Commission (NERC) has disclosed that prepaid meters will soon flood the market with the licensing of 87 Meter Asset Providers (MAPs). With this development, there is going to be an increase in the bills to be paid by electricity consumers in the country who get new meters under the latest regulation….
Power generation to hit 100,000mw by 2030
Energy Worth with Agency Report The Energy Commission of Nigeria (ECN) has predicted that Nigeria will be able to generate 100,000 megawatts of power by 2030. ECN Director-General, Eli Bala, made this known on Monday in an interview with the News Agency of Nigeria (NAN). He said the projection would be possible with an annual…
FG reassure Nigerians of steady power supply
The Federal Government said it is making efforts to improve electricity supply in the country that will enhance economic and social activities. Speaking to journalists during a site visit to some Hydro Power Project sites in Zungeru, Kainji and Jebba all in Niger State, the Deputy Director, Energy Resources in the Ministry of Power, Works…
Akwa Ibom to generate additional 1500MW soon
Energy Worth with Agency Report The Managing Director of Ibom Power Company Limited, Engineer Meyen Etukudo, has announced that plans are underway for 1500 megawatts of electricity to be added to the state’s current power generation capacity. Etukudo in his presentation at the 25th monthly power sector stakeholders meeting in Uyo said the 1500MW…
Nigeria can generate, transmit over 7,000MW of electricity
The Minister of Power, Works and Housing, Mr Babatunde Fashola, says that the country now has the capacity to generate not less than 7,000 Megawatts (MW) of electricity. Fashola, who was responding to questions on the News Agency of Nigeria (NAN) Forum in Abuja, also said that transmission chain had also developed capacity to transmit…
World Bank begins preparation for Nigeria’s $500m power distribution project
Energy Worth with Agency Report The World Bank has commenced preparations for the $500m Nigerian Electricity Distribution Improvement Project. It was learnt that the bank had conducted a fact-finding mission in the distribution sub-sector of the industry in order to ascertain how it could help boost service delivery by the power distributors. Documents made…
Eligible customer policy: Fashola proceeds despite kicks from DisCos
By Oke Peter The Minister of Power, Works and Housing, Mr Babatunde Fashola, has reiterated his intention to continue with implementation of the Eligible Customer Policy despite disapproval by the electricity distribution companies, DisCos. In a statement by the minister at the 25th monthly power sector and operators meeting held in Uyo last week, Fashola…
Adeosun tasks NERC, NBET to ensure metering of all electricity consumers
Energy Worth with Agency Report Nigeria’s Minister of Finance, Mrs Kemi Adeosun, said on Friday that the Federal Ministry of Power, Nigerian Electricity Regulatory Commission (NERC) and Nigeria Bulk Electricity Trading (NBET) must ensure that meters are rolled out to improve billing accuracy and improve Distribution Companies collections. Mrs Adeosun said the collections would facilitate…