The Meter Asset Provider (MAP) regulation is aimed at closing the metering gap and its attendant challenges in the Nigerian Electricity Supply Industry (NESI), the Nigerian Electricity Regulatory Commission (NERC) has said. In a renewed bid to ensure that electricity customers only pay for what they actually consume, NERC has approved a regulation that provides…
By Energy Worth The House of Representatives, on Thursday, commenced and investigative hearing into alleged unremitted N2 billion and $3.8 million proceeds from the sale of assets of Power Holding Company of Nigeria (PHCN). The chairman of the Ad-hoc Committee, Honourable Dennis Amadi, assured Nigerians of the Committee’s resolve to work assiduously in the bid…
By Oke Peter The Transmission Company of Nigeria (TCN), has disclosed that it has installed two 132/33kV power transformers with a 60MVA capacity in Uyo and Kano substations. TCN’s General Manager, Mrs Ndidi Mbah, who made this known in a statement in Abuja, on Friday, said TCN had also energised its Nsukka 30MVA transmission substation…
Some experts in the power sector said that the installation of meters within 10 working days of payment on the premises of electricity consumers by Meter Asset Providers (MAPs) was not realistic. They spoke to the News Agency of Nigeria (NAN) on Friday in Lagos. According to the experts, some reasonable steps would have to…
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru, has restated the corporation’s commitment to support indigenous companies operating in the oil and gas industry to grow to their fullest potential. The GMD who stated this in Lagos, on Thursday, at the official unveiling of 11 new helicopters to Caverton…
In its determination to stop energy theft, the management of Kaduna Electric has constituted an internal Joint Task Force (JTF) to fight the menace. Recently the JTF team visited customers under Kakuri Feeder and discovered about 399 meters that have been bypassed. The team covered Babna Dodo and Zango streets where only 30 customers tendered…
By Oke Peter The hope of getting constant electricity supply in Nigeria may not yield desired result due to three major reasons. These issues are systemic and fundamental and it seems to have defied workable solution. Regulatory hitches had been identified as one of the challenges confronting the power sector in the country. Truth be…
Electricity Distribution Companies (DisCos) must be super-effective in every responsibility bestowed on them for the power sector to thrive, a renewable energy expert has said. The News Agency of Nigeria (NAN) has reported. The Chief Executive Officer, SolarCentric Technologies Limited, Adetunji Iromini, stated this, noting that “the power sector value chain is financed by bill…
By Energy Worth The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has called on Nigerians to report any infringement on the sales of the premium motor spirit (PMS) to the Department of Petroleum Resources (DPR) nearest to them. Baru says there is no reason for any marketer to the…
The Nigerian Extractive Transparency Initiative (NEITI) Executive Secretary, Waziri Adio, has disclosed that Nigeria’s oil revenue experienced a steep decline between 2011 and 2015. Nigeria, he said, earned about $68.4billion from oil in 2011, and a paltry $24.7billion in 2015. According to a report by Downstreamview, he said the Nigerian National Petroleum Corporation (NNPC) was…
