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…
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…
The Board of Directors of the African Development Bank (AfDB) has approved a US$7 million grant from the Sustainable Energy Fund for Africa (SEFA), for technical assistance in setting up a mini-grid acceleration initiative to meet the needs of the continent’s fast-evolving renewable mini-grid industry. The Africa Mini-Grid Market Acceleration Programme (AMAP), which aims to Read More…
Centre for International Private Enterprise (CIPE) has said that huge sums lost to corruption in Africa was enough to provide 24 hours uninterrupted power supply for three years. Andrew Wilson, CIPE Executive Director, stated this at the 2020 edition of the Africa Business Ethics Conference (ABEC) on Monday in Lagos. The conference theme was: “Tackling Read More…
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 minutes of the incident. He Read More…
Ikeja Electric Plc (IE) says it has commenced implementation of the revised Service Reflective Tariff (SRT), as approved by the Nigerian Electricity Regulatory Commission (NERC) effective Nov. 1. The electricity distribution company made the announcement in a public notice posted on its official Twitter account on Sunday. The previous SRT which began on Sept. 1 Read More…
The power sector has recorded yet another national peak generation of 5,520.40MW on Oct. 30 at 9.15pm, Mrs Ndidi Mbah, General Manager. Public Affairs, Transmission Company of Nigeria (TCN) made this known in a statement in Abuja on Saturday. She said that the new generation surpassed the previous 5.459 Mega Watts (MW) recorded on Oct. Read More…
The Transmission Company of Nigeria (TCN) says the nation’s power industry has attained another all-time national peak of 5,459.50 Mega Watts (MW). This was announced by Mrs Ndidi Mbah, TCN’s General Manager (Public Affairs), in Abuja on Thursday. Mbah said the national peak was efficiently transmitted through the nation’s transmission grid at a frequency of Read More…
Egbin Power Plc says it is committed to the continuous sustainability of the environment and its resources for the benefit of future generations. Mr Temitope Shonubi, Chairman, Board of Directors, Egbin Power Plc, gave the assurance on Tuesday while inaugurating electric buggies and bicycles at the electricity generation company’s complex at Ijede in Ikorodu area Read More…
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to prevail on electricity distribution companies to regularise the varying costs of electricity tariffs across the states of the country. Mr Mansur Ahmed, President, MAN, made the call in a statement on Friday in Lagos. Ahmed said that the appeal for uniformity in Read More…
