Business Featured Power

NDPHC moves to boost power supply to eligible customers in Lagos, Ogun

Niger Delta Power Holding Company (NDPHC) on Wednesday said it was intensifying efforts to increase power supply to industrial clusters in Lagos and Ogun States through its Eligible Customer drive. Mr Chiedu Ugbo, Managing Director, NDPHC, made this known while speaking with newsmen after an inspection visit to Olorunsogo Power Generation Company in Ogun. Ugbo Read More…

Business Power Top Story

Firm develops equipment to fix power grid faults, restore power in minutes

Schneider Electric has developed intelligent equipment that will help electricity distribution companies (DISCOs) and others to fix major faults in the nation’s grid system and restore power after disruption within minutes. The equipment is known as “Self-Healing Grid’’ solution with minimal human intervention, the leading digital transformation, energy management and automation giant said. The Head of Read More…

Business Consumer Featured Power

Electricity consumer group threatens to sue NERC over tariff increment

A group, the All Electricity Protection Forum, says it will sue the Nigerian Electricity Regulatory Commission (NERC), if the recent increment in electricity tariffs is not reversed. Its Public Relations Officer, Mr Gideon Balogun, on Wednesday in Lagos decried the tariffs increment as announced by the electricity Distribution Companies on Sept. 1. Balogun said the increment Read More…

Business Power Top Story

Power sector records improved all-time peak of 5,420.30MW

The Nigerian Power industry has achieved yet another improved all-time national peak of 5,420.30MW, which was effectively transmitted through the national grid at a frequency of 50.10Hz at 9:15pm on Aug. 18. Ms Ndidi Mbah, General Manager, Public Affairs, TCN,  confirmed the development in a statement on Thursday in Lagos. Mbah said this was the Read More…

Egbin Power
Business Power

Senate says no plan to reverse privatisation of power sector

Sen. Gabriel Suswan, the Chairman Senate Committee on Power says the senate has no plans to reverse the privatisation of the power sector. Suswan made this known in Abuja during the committee’s oversight visit to some government structures being occupied by the Abuja Electricity Distribution Company (AEDC). According to him, the senate is not pushing Read More…

Featured Power

DisCos advocate CBN-funded massive roll-out of meters to address power challenge

Power Distribution Companies (DisCos) have advocated a Central Bank-funded massive meters roll-out project, to ensure that electricity customers were adequately metered. The DisCos said on Thursday in Abuja that the massive roll-out of meters would assist in the full take off of the proposed Service Reflective Tariff (SRT). Mr Sunday Oduntan, Executive Director, Research and Read More…

Business Featured Power Utilities

DisCos seek FG’s intervention on gas pricing for power generation

Electricity Distribution Companies (DisCos) have appealed to the Federal Government to intervene in gas pricing for power generation to ensure effective service delivery.  Mr Sunday Oduntan, the Executive Director Research and Advocacy, Association of Nigerian Electricity Distributors (ANED),   made the call in a statement in Abuja on Saturday. Oduntan said that the cost of gas remained Read More…

Business Policy Power Top Story Utilities

Lagos to review State Power Sector Reform Law 2018

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…