Features

Electricity workers and move against NERC directive

Ihesiulo Grace 14 October 2017 0

The Nigerian Union of Electricity Employees, NUEE, has faulted the imposition of the sum of N450,000 as a financial sanction for power consumers caught in meter bypass, by the Nigerian Electricity Regulatory Commission, NERC. It will be recalled that NERC during the 19th monthly power sector

News Power & Energy

‘More than 50 million’ Nigerians have no electricity

Ihesiulo Grace 10 October 2017 0

More than 50 million people in Nigeria, out of a population of about 180 million, have no access to electricity, Vice-President Yemi Osinbajo has said. Speaking at the Financial Times Africa Summit in London yesterday, he said the government had embarked on measures to improve electricity access – including providing solar power to 20,000 homes […]

Headlines News

Apprehension as FG begins electricity tariff review

Ihesiulo Grace 20 September 2017 0

*Tariff hike likely to begin early 2018 Electricity consumers across the country are now living in fear following the move by the Nigerian Electricity Regulatory Commission (NERC) to review its Multi-Year- Tariff template. Consequently, a number of issues are being proposed for discussion by the regulatory authority as it begins consultations with stakeholders across the

Power & Energy

Electricity: 2,000 Mega-watts Generated Not Distributed To Nigerians

Ihesiulo Grace 19 September 2017 0

Two thousand mega watts of electricity generated into the national is not distributed to consumers, according to Mr. Louis Edozien, Permanent Secretary, Federal Ministry of Power, Works and Housing. “The national grid produces about 6,600 mega-watts of electricity from the 750,33KV trading points, but less than 4,600 mega-watts get distributed to the consumers,” Edozien

Headlines News Power & Energy

Electricity Workers Threaten Strike, Nationwide Power Outage Looms

Ihesiulo Grace 18 September 2017 0

Barring any change in stance, Nigeria may soon be thrown into darkness should electricity workers, on the platform of National Union of Electricity Employees, NUEE, make good of threats to join the impending nationwide strike. FINANCAL WATCH learnt The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, yesterday said loading of products, including aviation […]

Opinion Power & Energy

DISCOs are the most corrupt and arrogant entities in Nigeria

Ihesiulo Grace 7 September 2017 0

Nigerians are being exploited, cheated and robbed by the electricity distribution companies, and what should be rightly seen as the most irresponsible and annoying style of stealing from law abiding citizens is being ignored by many when the likes of the Nigeria Police and the EFCC who should be working day and night trying to […]

Business

FG approves $5.7bn for Mambilla electricity project

Ihesiulo Grace 31 August 2017 0

The Federal Executive Council (FEC), presided over by President Muhammadu Buhari, has approved 5.792 billion dollars (about N1.140 trillion) for the construction of the 3,050 megawatts Mambilla Hydro-Power project at Gembu in Taraba State. The Minister of Power, Works and Housing, Mr Babatunde Fashola, disclosed this while addressing State House correspondents alongside

Analysis Headlines News

States free to generate their own power, what could it mean?

Ihesiulo Grace 16 August 2017 0

State governments are free to generate and distribute their own power, subject rules by the Nigerian Electricity Regulatory Commission. Heavy consumers of power also have the liberty to purchase energy from sources other than Distribution Companies (DISCOs) but will have to pay a rate between N30-N80 per kilowatt. This was stated in a communique issued […]

Headlines News

Nigerian electricity firms to disconnect Niger, Benin over $115m debt

Ihesiulo Grace 16 August 2017 0

Nigeria’s West African neighbours, Benin and Niger Republic, may face total electricity blackout, following a threat by the Nigerian Bulk Electricity Trading (NBET) Company Plc and the Transmission Company of Nigeria (TCN) to disconnect them from its supply sources any time from now. Nigeria has, over the years, been the major providers of electricity to […]

Energy

MAN: Poor electricity costs sector N130bn in the first half of 2016

Ihesiulo Grace 8 August 2017 0

The Manufacturers Association of Nigeria (MAN) says the cost of independent power generation in the manufacturing sector increased by more than 100 per cent from N58.8 billion in 2015 to N129.9b in 2016, representing a total increase of N71.13b. The development, according to MAN, was due to the instability in electricity supply from the national […]

Energy

Electricity: FG’s 1,000 KM gas pipeline set to boost generation

Ihesiulo Grace 8 August 2017 0

Determined to push enough gas to the power sector to ensure adequate generation of electricity, the Federal Government has laid and commissioned 1,000 kilometres of major gas pipelines with an additional 470km currently in construction phase, while a further 1,400km is intended for construction before the end of this year. This is coming on the […]

News Nigeria

Electricity: Nigerians will continue to suffer bills estimate if… – Monarch

Ihesiulo Grace 5 March 2017 0

The Ovie of Agbon kingdom, His Royal Majesty, Mike Omeru Ukori 1 JP, has called on the Federal Government to prevail on Benin Electricity Distribution Company, BEDC, to install prepaid meters, adding that unless this was done Nigerians would continue to suffer from estimated bills. The Ovie also alleged that even in places where BEDC […]

News

Rivers, Akwa Ibom lose 200m euros

Ihesiulo Grace 21 January 2017 0

The Ministry of Niger Delta Affairs has urged Rivers and Akwa Ibom state governments to pay their 30 per cent required counterpart funding for the European Union (EU) water project. The Minister, The Ministry of Niger Delta Affairs, Pastor Usani Uguru Usani made the call in an interview with our correspondents in Abuja on Saturday. […]

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 […]

Tech

Thorium Car, Drives for 100yrs before Refuelling

Ihesiulo Grace 28 April 2015 0

Laser Power Systems has created a new Thorium car is completely emission-free, turbine-free, and is electricity generated. It’s one of the new sustainable-powered engines to show just how unnecessary modern day propulsion engines are and also offer an exciting alternative. Fuelled by nuclear thorium lasers, this engine only needs 8 grams of fuels every 100 years. […]

News

Cross River to Explore Gas, Generate Power – Gov-Elect

Ihesiulo Grace 16 April 2015 0

Cross River State Governor-elect, Prof. Ben Ayade has pledged to engage “the right companies that will explore gas in the state and also generate power through gas turbines”.   Ayade made this disclosure, on Wednesday, in Calabar, during a post-election media chat with journalists to thank the people of the state whom, he said, voted […]

News

Electricity Coy Rejects Tariff Reduction for Residential Customers 

Ihesiulo Grace 13 April 2015 0

The Abuja Electricity Distribution Company (AEDC), on Sunday, said that the 50 per cent reduction in electricity tariff by the Nigerian Electricity Regulatory Commission (NERC) does not affect residential consumers under the R1 and R2 tariff categories. This clarification is contained a statement issued by Malam Ahmed Shekarau, head, Public Affairs of the company, in

Business Power & Energy

Experts Fault NERC’S New Directive to Discos on Electricity Tariff

Ihesiulo Grace 13 April 2015 0

The Nigerian Electricity Regulatory Commission’s (NERC) directive to the Distribution Companies on how to fix their tariffs in consultation with consumers is been envisioned by experts as policy somersault and capable of causing chaos. Dr. Sam Amadi, Chairman of NERC, on April 8, said that the DISCOs could now fix their tariffs in consultation with […]

Editorial

Let There Be Light…

Ihesiulo Grace 29 March 2015 0

That Nigeria continues to suffer from lack of reliable electricity supply is no more news. But what has continued to rile is the penchant of the Ministry of Power to always tell consumers of the never ending plans to increase electricity supply to meet the demands of the country in the shortest possible time. Even […]

Opinion

Harmattan of Electricity Discontent in Nigeria

Ihesiulo Grace 28 March 2015 0

According to the 2013 annual report of Nigeria’s Presidential Task Force on Power (PTFP) Nigerians are among the people most deprived of grid-based electricity in the world, with a per capita consumption that is far lower than most countries in the world. In the last couple of years, I have posted no less than a […]