Energy Power & Energy

Oyo To Generate 1,000 Megawatts From Wastes

Ihesiulo Grace 1 June 2017 0

The Oyo State Government is to generate 1,000 megawatts from wastes following the signing of a Memorandum of Understanding(MoU) with some power-generating firms. The state government on Wednesday in Ibadan signed an MoU with Siemens International, MRF1 and West African Energy on conversion of

Energy News Power & Energy

Expect Surprises In Power Supply Growth, Fashola Tells Nigerians

Ihesiulo Grace 31 May 2017 0

The Minister for Power, Works and Housing, Mr. Babatunde Fashola, has promised Nigerians positive surprises in the efforts being made by the federal government to ensure stable power supply in the country. He said the ministry had enunciated a couple of policies and actions under the power sector recovery programme which is part of the […]

Power & Energy

NNPC to build metering plant for Egbin power plant expansion

Ihesiulo Grace 31 May 2017 0

The Nigerian National Petroleum Corporation is to build 500million standard cubic feet of gas per day metering plant to serve the planned capacity expansion of Egbin Power Plant from its installed capacity of 1,320 Megawatts to 2670MW. Managing Director of the Nigerian Gas Processing and Transmission Company (NGPTC), Mr. Babatunde Bakare, who spoke during the […]

News Power & Energy

Power sector reform yet to meet expectations of businesses – Akande

Ihesiulo Grace 30 May 2017 0

The president of Lagos Chamber of Commerce and Industry (LCCI) Dr. Mrs Nike Akande has warned that the power sector reform undertaken four years ago has not met the expectations of the business community and the citizens. She made this known at the presidential policy dialogue held in Lagos last week. The president however stated […]

Metro Power & Energy

Eko Disco Announces 5-day Power Outage In Lagos

Ihesiulo Grace 22 May 2017 0

Electricity supply would be disrupted in many parts of Lagos this week as Eko Electricity Distribution Company (EKEDC) on Monday announced five days power outage in the city. EKEDC spokesman, Godwin Idemudia, said in a statement that the outage would affect Ikoyi, Victoria Island and parts of Lagos Island from Wednesday to Sunday. Idemudia said […]

News Power & Energy

Feel free to bypass DisCos, Fashola tells electricity consumers

Ihesiulo Grace 22 May 2017 0

Minister for Power, Works and Housing, Babatunde Fashola, has said that electricity consumers are now free to bypass Distribution Companies (DisCos) and buy electricity directly from generation companies. The Minister made the declaration in a statement by the Nigerian Electricity Regulatory Commission (NERC) over the weekend. In the statement, Fashola also described the

News Nigeria Power & Energy

FG should revoke sale of power stations -operator

Ihesiulo Grace 7 March 2017 0

The federal government has been urged to revoke the sale of power stations due to nonperformance of the power companies. The executive chairman, Mak Mera Nigeria Limited, Chief Michael Olorunfemi, stated this in an exclusive interview with the Daily Times in Lagos last weekend. “The federal government should revoke the sale of power companies due […]

Energy Headlines News Power & Energy

NIGUS, LTI to invest $600 million to generate 100MW electricity in N/East

Ihesiulo Grace 16 November 2016 0

As part of government efforts to attract and retain Foreign Direct investment into the Renewable Energy sector of the Nigerian economy, a Germany firm LTI Germany Incorporation in partnership with Nigus International Investment Ltd said it has concluded plan to generate 100 megawatts of electricity in the North East of Nigeria. The Chief Executive Officer […]

Headlines Power & Energy

TCN wheels out 4,362mw of electricity to 11 DISCOs

Ihesiulo Grace 14 October 2016 0

The Transmission Company of Nigeria (TCN) on Friday wheeled out about 4,362 megawatts of generated electricity to the 11 distribution companies as the country’s power supply stabilises. The News Agency of Nigeria (NAN) reports that the power generation data was obtained from daily forecast on the Nigerian Electricity System Operator (SO) website. The website shows […]

Headlines News Power & Energy

FG completes Galma Dam, targets 1.1m jobs.

Ihesiulo Grace 14 October 2016 0

The Minister of Water Resources, Engr. Suleiman H. Adamu, has said that the completed Galma multipurpose dam in Soba LGA of Kaduna State was capable of providing job opportunities for over 1.1 million people living within its environs. The building of the dam started in 2006 and it has reached 100 percent completion. Adamu, who […]

Headlines Power & Energy

Power generation increases to 4,028MW

Ihesiulo Grace 13 October 2016 0

The 3,959 megawatts (MW) of electricity that was generated on Monday, yesterday rose to 4,028 megawatts, resulting in 69 megawatts increase in power produced by the generation companies, GENCOs. The Nigerian Electricity System Operator (SO) of the Transmission Company of Nigeria, TCN, stated this on its website. It explained that lowest energy generation recorded was […]

Headlines Power & Energy

NERC sanctions Port Harcourt DisCo

Ihesiulo Grace 11 October 2016 0

The Nigerian Electricity Regulatory Commission (NERC) has sanctioned the Port Harcourt Distribution Company for not complying with the Nigerian Electricity Supply Industry directives regarding submission of audited accounts. A communiqué issued at the end of the sector’s monthly meeting held on Monday in Sokoto stated that Benin, Kano and Enugu Distribution Companies

Business Power & Energy

Power sector losses reduce as generation picks up

Ihesiulo Grace 3 October 2016 0

The daily losses being recorded by operators in the power sector have reduced as electricity generation picks up gradually across the country. An analysis of the power industry statistics obtained by our correspondent in Abuja on Sunday showed that the average daily loss of about N2bn recorded by the sector towards the end of the […]

Business Headlines Power & Energy

Refineries now produce 6.76m litres of petrol daily – NNPC

Ihesiulo Grace 6 January 2016 0

Nigerian National Petroleum Corporation, NNPC, has announced that the nation’s three refineries in Kaduna, Port Harcourt and Warri have attained a combined daily production of over 6.76 million litres of petrol per day which is projected to increase to over 10 million litres per day by the end of January 2016. A press statement by […]

Business Economy Power & Energy

Tony Elumelu to speak on power, climate change in US, Europe

Ihesiulo Grace 19 May 2015 0

Following his advocacy for entrepreneur-led development for Africa at the White House and Georgetown University, African business leader and philanthropist, Tony O. Elumelu, is billed to speak on African energy issues at the Sustainable Energy For All (SE4ALL) Global Advisory board ‎meeting, in New York, on May 19. The event will be co-chaired by the […]

News Power & Energy

Plateau Power Coy Assures Residents of Improved Service

Ihesiulo Grace 18 May 2015 0

  The Jos Electricity Distribution Plc, in Plateau State, was one of the new buyers of the Power Holding Company Of Nigeria (PHCN) during the privatisation exercise by the President Jonathan led government.   The head of public affairs in Jos, Mr. Paul Ikwu, said the epileptic power supply currently being witnessed by the Plateau […]

Business Power & Energy

Power supply dips to 2,838.03mw

Ihesiulo Grace 14 May 2015 0

Electricity supply in the country has dropped from about 3,000 megawatts, mw to 2,838.03mw. The Presidential Task Force on Power disclosed in its report that of the 2,913.52mw generated at May 9, this year, 2,838.03mw was supplied while the balance was used to stabilize the network. The PTFP maintained that the megawatts supplied did not […]

Business Politics Power & Energy

FG Urges Buhari Not to Reverse Privatization Policy in Power Sector

Ihesiulo Grace 7 May 2015 0

The Federal Government on Wednesday urged the incoming administration of Gen Muhammadu Buhari to avoid reversing the extant privatization policy in the power sector. Speaking to State House Correspondents against the backdrop of suggestions to that effect, the Minister of Power, Prof Chinedu Nebo said the policy was implemented in the overall interest of the […]

Business Power & Energy

Ikeja Electric Plans Free Meters for Customers

Ihesiulo Grace 28 April 2015 0

  Ikeja Electric has revealed that it is investing $100million (about N20bn) in order to lift its customers with free smart pre-paid meters to be distributed to them starting from June. A pilot scheme for the deployment of the meters the company said would begin in May, with 2,000 units to be distributed, after which […]

Business Power & Energy

Investing in African Energy Sector, Critical to EU – Expert

Ihesiulo Grace 28 April 2015 0

Eni Oil and Gas Chief Executive Officer (CEO), Mr Claudio Descalzi, says that Africa has the potential to power the European Union in years to come. This is contained in a statement made available to newsmen in Abuja by the CEO. Descalzi said global energy companies had a unique role to play in helping to […]