Category: Power

By Energy Worth The African Development Bank (AfDB) has said that it will support Nigeria’s Power Sector Recovery Programme (PSRP) in three areas. The areas listed as operational and technical intervention, governance issues and policy based support. The bank disclosed this in Abuja on Friday in a statement signed by Mrs Fatimah Alkali, Senior Communications…

By Energy Worth The Federal Government has said that the Zungeru Hydro Power Plant currently under construction by the Chinese company EEC/Sino Hydro was 45 per cent complete. Consequently, the 700MW project’s initial completion date is expected towards the end of 2019. Speaking to journalists during a site visit to the project in Zungeru, Niger…

Editor of the leading mining trade journal, Mining Review Africa, Laura Cornish, in this exclusive interview expatiate on the Democratic Republic of Congo’s (DRC) President Joseph Kabila signing of the revised Mining Code into legislation.   The news that President Joseph Kabila on recently signed the revised Mining Code into legislation. What does the new…

Energy Worth with Agency Report Following insistent allegations of over billing, the Jos Electricity Distribution Company (JEDC), has assured residents of plans its plan to install statistical meters on all transformers. The statistical meters, the managing director of the JEDC, Gidado Modibbo, said will bring an end to the suspicions in over billing by the…

The Transmission Company of Nigeria (TCN), has called for investment in distribution network lines nationwide. In a statement signed by its General Manager (Public Affairs), Ndidi Mbah, TCN said that the Nigeria Electricity Industry is still facing liquidity problems, and the only way that its rehabilitation and expansion programme can give maximum benefit to the…

OPINION Why are so many Nigerian homes still in the dark despite far-reaching reforms? In this fact sheet, we test the charge on Nigeria’s electricity challenge. Reliable electricity continues to elude many Nigerians despite a slew of policies and billions of naira in budget appropriations to improve supply. The country’s long-standing electricity deficit is persistently…

The latest report on the monthly remittances of monies collected by electricity distribution companies (Discos) has shown that the remittances of the companies have dropped to an all-time low of a paltry 8.33 per cent. The remittance performance report which was published by the Nigerian Bulk Electricity Trading Plc (NBET), also showed that five Discos…

Energy Worth with Agency Report Nigeria today, is regarded as the biggest economy in Africa. However, its power sector is performing far below the level of an economy of this magnitude. Over half of the population has no access to grid-connected electricity and those who are connected to the grid suffer extensive power outages. Nigeria’s…

The Nigerian Electricity Regulatory Commission (NERC) will on April 3, 2018 commence the enforcement of its recently unveiled Meter Asset Provider Regulations, 2018, a policy that seeks to bridge the widening metering gap in the electricity supply industry. It was gathered that the country’s metering gap had increased to about 4.74 million, as power consumers…

A recent report made available by the Nigerian Bulk Electricity Trading Plc (NBET) has shown that five of the eleven electricity distribution companies (DisCos) failed to remit over N16.2 billion electricity generation companies (GenCos) supplied to them in December. The five DisCos did not remit any amount in the month of December, while two others…