Category: Power

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…

Energy Worth with Agency Report Federal Government has announced that plans to evacuate stranded 2,000 megawatts were in top gear as an agreement on the tariffs that will be paid by eligible customer will soon be reached. Fashola, electric meter Minister of Power, Works and Housing, Mr Babatunde Fashola, who disclosed this at the just…

By Energy Worth The Minister of Power, Works and Housing, Mr Babatunde Fashola, on Monday claimed that power generation companies (Gencos), who recently filed a lawsuit against the federal government for alleged discriminatory practices against them, were holding meetings and planning on how to disrupt electricity supply in the country. Speaking at the March 2018…

Energy Worth with Agency Report The Federal Government has said that the Nigerian Electricity Regulatory Commission (NERC) has concluded regulations that will provide framework to license new class meter suppliers in the country. The Minster of Power, Works and Housing, Babatunde Fashola, made this known at the 25th monthly power sector meeting in Uyo. Fashola,…

By Energy Worth The House of Representatives Committee on Privatisation and Commercialisation, has called on the Transmission Company of Nigeria (TCN) to quickly complete the ongoing repairs on 150MVA and 60MVA transformers in Kano state with a view to improving electricity supply to the state. The Deputy Chairman of the committee, Honourable Shadimu Mutiu, made…

The Abuja Electricity Distribution Company (AEDC), has urged electricity customers under Nasarawa region to improve on paying electricity bills from the current 45 per cent, Daily Trust has reported. The Managing Director of the company, Ernest Mupwaya represented by the General Manager, Nasarawa Region, Ameen Shakur, who led a delegation to the Chief of Gurku community…

By Energy Worth with Agency Report The Electricity Meters Manufacturers Association of Nigeria (EMMAN), on Monday, in Lagos, appealed to the Federal Government to break the monopoly of distribution companies in the sale of meters to electricity consumers. The Executive Secretary of EMMAN, Mr Muyideen Ibrahim, who spoke to the News Agency of Nigeria (NAN),…

By Babatunde Fashola I welcome you all once again to our monthly meeting, and I thank our hosts Ibom Power and the Government and people of Akwa Ibom. I am happy to again chair this month’s meeting because our Power Sector Recovery Programme (PSRP), the set of policies, actions and programmes meant to solve the…