Tag Archives: Electricity

Senate kicks against N309bn electricity bond The Senate on Tuesday urged the Federal Government to stop plans to raise a N309bn bond to finance electricity generation in the country to erase recorded shortfall in projected power availability. The senate said that the government should put the plan on hold pending conclusion of investigation into the matter by its committees on …

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  Nigeria: Gas Independence Cannot Solve Existing Electricity Challenges FRIDAY EKEOBA The Federal Government has said that the sole-reliance on gas cannot solve the country’s existing electricity challenges. Acting Chairman of Niger Delta Power Holding Company (NDPHC), Chinedu Ugbo, on behalf of the Minister of Power, Works And Housing, Babatunde Raji Fashola, made this statement during a conference in Lagos …

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As Nigerians continued to grope in darkness for several hours, power generation capacity made a positive rebound of 3, 128.50MegaWatt on Friday. The Discos received zero MW allocation from the system operator, Transmission Company of Nigeria, TCN on Thursday. According to the country’s operational report, as at March 31, the peak power generation of March 30, stood at 3, 766.7megawatt, …

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