Business Power Top Story

Ikeja Electric marks 10th anniversary with 830,292 meter deployments

Ikeja Electric (IE) celebrated its 10th anniversary by announcing the successful deployment of 830,292 meters to its customers over the past decade. The statement, released on Friday in Lagos by Mr. Kingsley Okotie, Head of Media Communication, quoted the company’s Chief Executive Officer, Mrs. Folake Soetan, as she highlighted this achievement during the event. Soetan Read More…

Business Power

EKEDC promises extensive prepaid meter rollout

The Eko Electricity Distribution Company (EKEDC) has assured its customers of its preparedness to launch a large-scale initiative for the distribution of prepaid meters within its network areas. Dr. Tinuade Sanda, CEO of EKEDC, conveyed this commitment during a customer engagement forum held in Lagos on Thursday. The event, attended by customers from various areas, Read More…

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Business Power Top Story

Nigeria’s Electric Odyssey: Challenges, Progress, and the Road Ahead

Electrical power is essential in today’s homes, businesses, and manufacturing facilities. In Nigeria, as in the rest of the world, we rely heavily on it. However, the development of Nigeria’s electricity market has been fraught with challenges and opportunities that have far-reaching effects. Let your mind wander to a time when the lights came on, Read More…

Business Power

Sanwo-Olu pursues state govts input in Electricity Bill

Lagos State Governor Babajide Sanwo-Olu has pleaded with the House of Representatives to permit state governments’ input into the Electricity Bill 2022. According to Sanwo-Olu, allowing state governments’ involvement into the Electricity Bill 2022 will help resolve complicated problems related to Nigeria’s power generation, transmission, and distribution. In order to increase citizens’ overall energy security, Read More…

Metro Power

EKEDC will reduce estimated billings through aggressive metering

To close the metering gap in its operating network, Eko Electricity Distribution Company (EKEDC) says it has started aggressive metering under the Meter Asset Provider (MAP) and National Mass Metering Programme (NMMP) Schemes. Mr. Godwin Idemudia, General Manager, Media Communications, EKEDC, disclosed this to journalists on Friday. Idemudia said that the plan gave the company Read More…

NAN
Lekki Metro Power Top Story

EKEDC adds 100MW to Lekki

With help from the Niger Delta Electricity Holding Company (NDPHC), the management of the Eko Electricity Distribution Company (EKEDC) has announced plans to add 100 MW of power to the Lekki axis. During Friday’s Stakeholders Town Hall Meeting in Lekki, Lagos, EKEDC Managing Director/Chief Executive Officer Dr. Tinuade Sanda made the promise. She said that Read More…

REUTERS/Akintunde Akinleye/File Photo
Nigeria Power Top Story

Nigeria blacks out after national power grid fails

The national grid collapsed on Monday leaving many parts of the country without power, according to electricity distribution companies. This would be the fourth time this year that the grid is collapsing for what the authorities blame on technical problems. Last month workers from the Transmission Company of Nigeria (TCN) went on strike and temporarily Read More…

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Europe Power World

EU chief plans restructuring of electricity market as prices skyrocket

European Commission President, Ursula von der Leyen, revealed plans for structural reforms to skyrocketing energy on Monday, saying prices have exposed the limits of the European Union’s electricity market design. Von der Leyen stated in her speech, at an international conference in Bled, Slovenia that the market “was developed under completely different circumstances.” “That’s why we, Read More…

NAN
Metro Power

Fire guts Lagos Island substation

Eko Electricity Distribution Company (EKEDC) has announced a fire incident at its injection substation in Idumagbo, Lagos Island. Mr Godwin Idemudia, General Manager, Corporate Communications EKEDC, confirmed this in a statement on Tuesday in Lagos. Idemudia said that the incident affected electricity supply to customers in Idumagbo and Ajele areas. He said the incident occurred Read More…