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

Igbogbo-Baiyeku Council boss donates 300KVA transformers to CDA

Reading Time: 2 minutes Communities in Igbogbo-Baiyeku Local Development Area (LCDA) have been gifted two 300KVa transformers to boost electricity supply in the area. Making the donation on Wednesday, the LCDA Chairman, Mr Sesan Daini, said the essence of governance at the local government is to uplift the state of people at the grassroots. The transformers are expected to 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…

Metro Top Story

Lagos to deploy 20,000 prepaid meters to five communities – Odusote

Reading Time: 2 minutes Image Credits: NAN, The Electricity Hub. In picture above: From left, Permanent Secretary Ministry of Energy & Mineral Resources, Mrs Solabomi Sasore; Commissioner for Energy & Mineral Resources, Mr Olalere Odusote and Commissioner for Information & Strategy, Mr Gbenga Omotoso during the Ministry of Energy & Mineral Resources news conference to commemorate the 2nd Years Read More…

Business Economy Power Top Story

Collapsed national grid now fully restored – TCN

Reading Time: < 1 minutes Image Credits: Alamy, Akintunde Akinleye/Reuters. The Transmission Company of Nigeria (TCN) says it has restored the collapsed electricity grid system across the country. The Acting Managing Director of TCN, Mr Sule Abdulaziz, made this known while addressing newsmen in Abuja on Wednesday. Abdulaziz said the system which collapsed on Sunday evening was restored within 40 Read More…

Business Policy Power Top Story Utilities

Lagos to review State Power Sector Reform Law 2018

Reading Time: < 1 minutes The Lagos State Government has called for submission of position papers and comments from various stakeholders to review the State Power Sector Reform Law of 2018. Mr Olalere Odusote, Commissioner for Energy and Mineral Resources, in a statement on Wednesday, said that the law would be reviewed to drive investments into the energy sector in Read More…

Top Story Utilities

DISCOs seek FG’s intervention on import duty for meters

Reading Time: 2 minutes The Electricity Distribution Companies (DISCOs) have urged the Federal Government to intervene in the heavy import duties they used to pay  for imported meters. They said that such an  intervention would help   to mitigate delays they usually encountered when clearing meters  at  the ports in a statement signed by Mr Sunday Oduntan on Friday in Read More…

Business Featured Utilities

Ikeja Electric increases price of prepaid meters by 19.6%

Reading Time: < 1 minutes Ikeja Electricity Distribution Company (IE) has announced that  the prices of meters sold to customers under the Meter Asset Provider (MAP)scheme has been reviewed upward effective June. 1. The DisCo, in a notice on its Twitter account on Thursday,  said the review was in compliance with the directive of the Nigerian Electricity Regulatory Commission (NERC). It said Read More…