THE Managing Director of the Transmission Company of Nigeria (TCN), Alhaji Usman Gur, said on Saturday in Kano that the federal government in collaboration with international donor agencies are committing…
Electricity
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A report by Bloomberg on Monday revealed that the Federal Government has given N1.5tn to the privatised power sector since the privatisation process in 2013. According to the publication, this…
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The Market Operator of the Transmission Company of Nigeria (TCN), Engr. Edmund Ejie, on Wednesday, disclosed that the Federal Government has approved N600billion for injection into the nation’s electricity market.…
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Nigeria Signs Deal With Siemens To Take Power Generation To 25,000 Megawatts
by Damilare Salami July 23, 2019President Muhammadu Buhari signed an agreement with Siemens, a German represented by its chief, Joe Kaeser, in Abuja on Monday to take Nigeria’s operational capacity in the electricity system to…
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Blackout Looms As FG Disconnects Three Electricity Distribution Companies From National Grid
by Damilare Salami June 28, 2019The federal government has ordered the disconnection of three electricity distribution companies from the national grid over “non-compliance with the conditions of market rules”. DisCos are allegedly owing the Transmission…
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Blackout Looms In Northern Region After Electricity Grid Collapses Twice
by Damilare Salami May 9, 2019The national electricity grid has collapsed again on Thursday morning at 5:30 am, sources in the industry have said. This is coming less than 18 hours after a similar GRID…
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Electricity: Ilorin Residents Lament Suffering Black Out For Over A Month
by Damilare Salami October 19, 2018Thousands of residents in parts of Ilorin, the Kwara capital, on Friday said they were going through a lot of hardship without electricity since over a month now. The affected…
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The Minister of Power, Works and Housing, Mr Babatunde Fashola, has said that Nigeria’s current power generation has reached 7000 Mega Watts. Fashola said this on Friday in Calabar at…
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Ibadan Electricity Distribution Company (IBEDC) Warns Customers Against Cash Payment
by Damilare Salami May 10, 2018The Regional Head of Communication of the Ibadan Electricity Distribution Company (IBEDC), Ilorin zone, Mr Asaju Kolawole, has warned customers against paying cash or inducing its enumerators during their assignments.…
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A private company, Viathan Group, has issued a $32 million infrastructure bond to fund power assets— the first of its kind in Nigeria. The bond, which is worth N9.8bn when…