Tag Archives: Electricity

Power generation drops to 3,321mw

Power generation drops to 3,321mw The nation’s power generation capacity has dropped from 4,285 megawatts recorded on September 16 to 3,321 megawatts on December 1 due to dearth of gas, the News Agency of Nigeria (NAN) reports. NAN reports that this figure was obtained frokm the website of Nigerian Electricity System Operator on Thursday. The Transmission Company of Nigeria (TCN), …

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Senate kicks against N309bn electricity bond

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

  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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‘Let there be light’ as power generation rises to 3,128,50MW

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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