The Nigerian Electricity Regulation Commission (NERC), on Saturday, said Eko Electricity Distribution Company (EKEDC) recorded the highest remittance efficiency of 43.3 per cent in the second quarter of 2019. The Second Quarter Report was obtained by the News Agency of Nigeria (NAN) in Lagos from the website of NERC. NERC also said Jos and Kaduna…
Power distribution companies have till December 7 to submit their written responses providing reasons their licences should not be cancelled, the Nigerian Electricity Regulatory Commission (NERC) declared on Tuesday. In an updated document on the notice of hearing on the petitions by Discos on the Minor Review and Minimum Remittance Order dated November 5, 2019,…
Nigerians woke up on Wednesday, May 8, to a nationwide outage that cut off power from many homes and factories, leading to reduced load allocations to the distribution companies (DisCos). About 5:29 am the following day (Thursday, May 9, 2019), the grid collapsed again, compounding the nation’s energy challenge. Checks revealed that the country’s power…
By Oke Peter Being a great leader is all about having a genuine willingness and a true commitment to lead others to achieve a common vision and goals through positive influence. —John C. Maxwell. For the leading Nigerian electricity distribution company, Ikeja Electric Plc, the will to win, the desire to succeed and the urge…
Nigeria’s leading electricity distribution company, Ikeja Electric, has received commendation from Executive Chairman, Ijede Local Council Development Association (LCDA), Honourable Salisu Fatiu Jimoh as the company donated educational packs including bags, exercise books and pens to support pupils of Anglican Primary School, Ijede. The initiative, tagged “Back to School’ campaign is in line with the…
The chairman of the Nigerian Electricity Regulatory Commission (NERC), Professor James Momoh, has assured the West African nation that “stable power supply in the nation will be realized in our lifetime.” Momoh is confident that this would be achieved when the metering situation in the country improves through the intervention of current Meter Asset Providers’…
Oke Peter with Agency Report A report obtained Thursday from the System Operations (SO), a department of the Transmission Company of Nigeria (TCN) has shown that the level of electricity distribution by the 11 electricity distribution companies (Discos) in the country has significantly dropped to 2,962.82 megawatts (MW) or 46.73 per cent. The report, which…
Nigeria may face another $2.3bn fine in arbitration in France over an alleged breach of contract on Mambilla Hydroelectric project. This is coming after a British commercial court awarded $9.6bn against the country in favour of Process and Industrial Development Company in a botched gas processing deal. The Mambilla project is currently a subject of…
Residents of Magodo Estate, Lagos have commended the management of Ikeja Electric Plc (IE) for providing stable electricity to customers within the Estate following the signing of the Premium Power Agreement recently. The Premium Power initiative is a power purchase agreement under the ‘Willing Buyer, Willing Seller’ initiative issued by the Nigerian Electricity Regulatory Commission…
The President Muhammadu Buhari regime through the Nigerian Electricity Regulatory Commission (NREC) has increased electricity tariff across the country. The difference between what Abuja Electricity Distribution Company (AEDC)’s customers pay currently and what they will pay from next year, is an increase of N9.8/kWh. According to Punch, findings from various documents obtained from the NERC…
