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…

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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 Top Story

Ikeja Electric to increase supply across its network in 2022

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

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 ministry in Abuja on Read More…

Metro

Igbogbo-Baiyeku Council boss donates 300KVA transformers to CDA

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

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

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

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 in office of Gov. Sanwo-Olu Administration Read More…

Business Economy Power Top Story

Collapsed national grid now fully restored – TCN

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…