MD/CEO, TCN visit vandalism site in Akwa Ibom
The vandalized tower caused a sudden loss of 400MW from the grid causing its collapse on Friday, 8th April 2022. The grid has since been restored.
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Buhari’s aide, Zakari describes electricity grid collapse as sabotage
The presidency has declared the recent collapse of the national grid, that affected electricity supply in many states, an act of sabotage.
How Nigeria can end rising crude oil theft
In 2020, the Nigerian Extractive Industry Transparency Initiative (NEITI) said Nigeria’s loss to crude oil theft stands at $4.19 billion yearly. Reportedly, Nigeria is losing over 300,000 barrels of crude oil per day to oil theft, vandalism and other related criminal vices in the country. The implications, according to reports released by NEITI include loss of revenue, environmental disaster, a threat to regional peace and security, the proliferation of arms and a poor investment climate.
Azura MD: Why electricity privatisation is not yielding expected results
“Nigerians have always taken electricity as a social product which should not be paid for. It is difficult to pinpoint when, exactly, this attitude emerged; but it stands to reason that as electricity from the grid became increasingly unstable (and so served as a back-up power source to most people rather than their primary source), people stopped paying for a product they were not receiving,” Okeke said.
Nigeria — where President Buhari had to say sorry for a power cut
For many Nigerian children who have never been abroad, few stories about the West are as fascinating as the fact that electricity can stay on from dusk till dawn seven days a week.
Fuel queues disappearing, electricity supply improving as Buhari summons Ministers, others
The president had earlier expressed his concern over frequent power outages, apologising to Nigerians and assuring of prompt solution to the challenges.
REA signs deal with ENGIE Energy Access
The Rural Electrification Agency of Nigeria (REA) and ENGIE Energy Access have extended their partnership through a supplement to the existing output-based fund (OBF) agreement.
We don’t know exact daily petrol consumption —FG
As a country, we still cannot tell the exact volume of Premium Motor Spirit, popularly called petrol, which we consume on a daily basis, the Federal Government has said.
FG is determined to end crude oil theft, says Sylva
The Minister of State Petroleum Resources, Chief Timipre Sylva, said this on Wednesday at Bonny Island, Rivers, while addressing officers of the 146 Battalion and other security agencies represented in the fight against oil theft.
Oil rich, electricity poor. What will it take to solve Nigeria’s energy crisis?
Yet Nigerians have continued to battle poor power supply with the situation worsening last week when the country’s power grid collapsed twice causing a huge black out across most parts of the country.