Tag Archives: Electricity

Nigeria’s power transmission grid collapsed on Tuesday night, a development that led to widespread blackout across the country. It was learnt that the collapse was due to a fire incident on the Escravos Lagos Pipeline System of the Nigerian Gas Processing and Transportation Company Limited. The incident led to a shutdown of the pipeline that supplies gas to six thermal …

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The Lumos service is combining the power of the sun and your MTN mobile phone to bring a new type of power to Nigeria The complex dilemma of how to power Nigeria dominates politics and economics, yet hundreds of thousands of people are discovering the answer is to literally take power into their own hands. This week, the Lumos (www.Lumos-Global.com) …

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The Nigerian Electricity Regulatory Commission on Monday released the newly-approved eligible customers’ law and outlined the terms that would guide the direct purchase of electricity by end-users from power generation companies. In May this year, the Minister of Power, Works and Housing, Babatunde Fashola, declared that eligible power consumers would be free to purchase electricity directly from the Gencos. By …

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Federal Government said drop in headline inflation, increase in the nation’s Foreign Exchange Reserve and rise in crude oil production as well as improvement in public electricity generation the economy has witnessed collectively marked its rebound out of recession. The government said the National grid capacity rose to 6,900 megawatts in September and National Electricity Regulations Commission (NERC) would this …

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The much famed N701.9 billion Payment Assurance Fund (PAF) meant to provide more liquidity for Generation Companies (GenCos) to pay for gas and increase electricity supply, has not been released five months after it was announced, Daily Trust reports. The Minister of Power, Works and Housing, Mr Babatunde Fashola, while berating the 11 Distribution Companies (DisCos) for their poor payment …

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The Association of Power Generation Companies (APGC) has said the gas-fired Generation Companies (GenCos) owe gas suppliers about N200billion debt which has cut further credit supply from the firms. The Executive Secretary, Dr Joy Ogaji at a briefing in Abuja yesterday said GenCos are only operating few turbines to generate power based on the quantum of gas they can pay …

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The Minister of Power, Works and Housing, Babatunde Fashola, has declared that eligible power consumers are now free to purchase electricity directly from power generation companies. By declaring eligible customers, the minister has empowered the consumer to buy electricity directly from a licensee other than power distribution companies, a development that the Discos opposed recently. The Nigerian Electricity Regulatory Commission …

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Olabode Adaramola Youths in their hundreds on Wednesday brought to a halt for several hours commercial and social activities in Bida,, the headquarters of Bida emirate in protest over what they referred to as “obnoxious and deliberate act by the Abuja Electricity Distribution Company (AEDC) to strangulate power supply to the city and its neighbouring communities .” The protesters barricaded …

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An energy expert, Mr Patrick Okigbo, has said that many Nigerians are not paying for electric power because there is not enough disposable income. Okigbo said on Friday that what the average Nigerian earned was not enough to pay all the bills and would rather give preference to other commodities and services such as food and shelter. He said, “Now …

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The Transmission Company of Nigeria (TCN) said that that the nation’s power generation capacity dropped slightly from 3,959 megawatts from Jan. 4, to 3,751.90 megawatts on Jan. 12, due to dearth of gas. The Nigerian Electricity System Operator (SO) website, a sub agency of TCN, disclosed the figure on its daily forecast website on power generation data in Lagos on …

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