Nigeria Power Top Story

Nigeria’s electricity grid collapses for the second time in a month

Reading Time: < 1 minutes Nigeria’s national electricity grid has collapsed for the second time in a month, the Federal Ministry of Power said on Saturday, leaving the parts of the country it serves, including the capital Abuja and Africa’s biggest city Lagos, without power. The power ministry said the outage had occurred overnight. It gave no estimate of when Read More…

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EKEDC, NDPHC sign deal to improve power supply

Reading Time: 2 minutes Eko Electricity Distribution Company (EKEDC) has signed an agreement with the Niger Delta Power Holding Company Limited (NDPHC) towards improving electricity supply to Agbara, Lekki and other areas within its operational network. A statement issued on Monday in Lagos by Mr Godwin Idemudia, Head, Corporate Communication, EKEDC, said the deal was signed recently during a Read More…

Business Power Top Story

Ikeja Electric to increase supply across its network in 2022

Reading Time: 2 minutes Ikeja Electric Plc says its 2022 targets include growth in energy which will increase supply across its network. The electricity Distribution Company says it has outlined several projects for 2022 across its six business Units – Shomolu, Oshodi, Abule-Egba, Ikorodu, Ikeja and Akowonjo. Mrs Folake Soetan, Chief Executive Officer, Ikeja Electric, made the disclosure while Read More…

Nigeria Power Top Story

FG to install 5million Solar Home System

Reading Time: < 1 minutes Image Credits: Team ProductLine. The Federal Government says it plans to install a five million Solar Home System (SHS) and Mini-Grid across the country to provide electricity to unserved and underserved citizens. Mr Nebeolisa Anako, Permanent Secretary, Ministry of Power, made this known in a statement by Mr Mathew Dan’asabe, Senior Information Officer, in the Read More…

Metro Power Top Story

EKEDC apologises to Lagos, Ogun residents over irregular power supply

Reading Time: < 1 minutes Image Credits: Nigeria Electricity Hub. The management of the Eko Electricity Distribution Company (EKEDC) on Tuesday apologised to its customers in Lagos and some parts of Ogun State over the irregular power supply they currently experiencing. The General Manager Corporate Communications, Mr Godwin Idemudia, in a statement in Lagos, said the epileptic supply was due Read More…

Metro Power Top Story

Sanwo-Olu moves to deliver 50 megawatts/20 hrs of electricity to Lagosians

Reading Time: 2 minutes Babajide Sanwo-Olu, Lagos State Governor, has disclosed plans to deliver 50 MegaWatt of electricity for 20 hours daily to residents through the Lagos State Electricity Policy. The governor made this known in a statement on Saturday signed by Mr Kayode Oyekanmi, Director Public Affairs, Ministry of Commerce, Industry and Cooperatives (MCIC). Sanwo-Olu said the development Read More…

Business Metro Power Top Story

Lagos govt, energy firms move to ensure uninterrupted power supply in Lagos State

Reading Time: 2 minutes If all goes well with a cooperative agreement between the Lagos State Government and two firms – Ikeja Electric and Sahara Energy, then power outage will be a thing of the past in Lagos. This is because on Tuesday, the Lagos State Government, through its Ministry of Energy and Mineral Resources, signed Memoranda of Agreement Read More…

Business Power

African Development Bank COVID-19 Platform closing in on $20 million sustainable energy investment

Reading Time: 2 minutes Image Credits: Eric Roset/Africa Progress Panel. The African Development Bank (AfDB) has announced that it has reached financial close on financing agreements for a $20 million concessional investment from the Sustainable Energy Fund for Africa (SEFA) for the Covid-19 Off-Grid Recovery Platform (CRP). In a statement it released on Saturday, AfDB said the 5-year, $50 Read More…

Business Metro Power Top Story

Lagos State makes another attempt at state-driven stable and efficient power supply

Reading Time: 5 minutes Two decades after an abortive first attempt to break the national grid monopoly, the Lagos State Government has rolled out a Lagos Electricity Policy that would ensure that the people of Lagos State will begin to enjoy stable, and sustainable state-driven power supply by 2023. This will form the basis of a comprehensive electricity law Read More…

Business Nigeria Power Top Story

BPE offers 5 NIPP Gencos to investors

Reading Time: 2 minutes The Bureau of Public Enterprises (BPE) has called on prospective investors to express interest in purchasing 100 per cent shareholding in any of the five power generation companies constructed under National Integrated Power Project (NIPP) listed for sale. It said this in a document signed by the Director-General, Mr Alex Okoh, and made available to Read More…