The federal government has ordered the resale of electricity Distribution Companies (DisCos) under the management of banks and the Asset Management Corporation of Nigeria (AMCON) within three months, to reputable technical power operators. LEADERSHIP checks revealed that five DisCos ...
Read More »Category Archives: POWER
Feed SubscriptionGeregu Power Generates N5bn From Electricity Sales
Geregu Power Plc, the first listed power company on the Nigerian Exchange Group, has generated N50.4 billion in revenue from electricity sales and capacity charges to Nigerians in the first quarter of 2024. This represents a significant increase of 225 ...
Read More »Opposition Mounts Against Electricity Tariff Hike
…It’s reckless disregard for people’s welfare – Northern Elders …More trade unions bemoan new tariff …We won’t abandon Nigerians, says Senate More regional, professional and trade organisations have spoken out against the recent hike in electricity tariffs announced by the ...
Read More »New Tariff: AEDC Reports System Glitches, To Refund Excess Charges
The Abuja Electricity Distribution (AEDC) has said that efforts were ongoing to refund erstwhile Band A customers who were charged the new tariff of N225 Per Kilowatt Hour. The management of the power distribution company, in a public notice posted ...
Read More »Electricity Hike: Labour Cautions Against Plunging Nigerians Into Further Hardship
The Nigeria Labour Congress (NLC) had warned the Federal Government against the implementation of the proposed 300 per cent hike in electricity tariff. NLC cautioned that plunging Nigerians into more hardship amidst the current hunger and hike in food prices ...
Read More »Metering Gap Widens Further As Electricity Consumers Increase To 12.12m
The number of electricity consumers rose by 410,000 from 11.71 million in the third quarter of 2023 to 12.12 million in the fourth quarter of 2023. The National Bureau of Statistics (NBS) stated in its Electricity Report for the fourth ...
Read More »Darkness Looms In Abuja As Vandals Destroy TCN Transmission Line
The Transmission Company of Nigeria (TCN) has reported that one of its critical infrastructures, the Shiroro-Katampe 330kV transmission line, has been vandalised and a component stolen by the vandals, making the incident the fifth of such occurrence within February and ...
Read More »DisCos Rejecting Electricity Uptake Risk Sanctions – Power Minister
The federal government has accused some electricity distribution companies (DisCos) of deliberately refusing to take up power supply from the Transmission Company of Nigeria (TCN) thereby contributing to the current power crisis. Minister of Power, Adebayo Adelabu, who made this ...
Read More »Clean Energy: ECN Distributes Advanced Cookstoves To FCT Women
The Energy Commission of Nigeria (ECN) has distributed several technologically-advanced cookstoves to rural women in Kurudu village, Karu district of the Federal Capital Territory (FCT) free of charge. The director-general/CEO of the commission, Dr Mustapha Abdullahi, led a sensitisation campaign ...
Read More »Minister Summons AEDC, IBEDC, TCN MDs Over Poor Electricity Supply
The Minister of Power, Chief Adebayo Adelabu has summoned the chief executives of Abuja Electricity Distribution Company (AEDC) and Ibadan Electricity Distribution Company (IBEDC) over worsening power supply in their regions. Adelabu, in a statement made available by his media ...
Read More »