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Power
Nigeria still using same transformers since ’60s
Nigeria still using same transformers since '60s - FG decries decay in power sector
The Federal Government has said that gas pipelines have been vandalised, causing a reduction in power generation capacity.
Minister of Power, !-->!-->!-->!-->!-->…
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…As State Governors pursue Prosperity in Models for Electricity Market Development
By Abubakar IsmailIn a concerted effort to invigorate economic development and catalyze industrialization, the Federal Government (FG) has fervently encouraged State Governors to embark on visits to the recently inaugurated Aba!-->!-->!-->…
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Tariff Violation: NERC Fines Abuja DisCo (AEDC) ₦200m
By William Emmanuel Ukpoju
The Nigerian Electricity Regulatory Commission (NERC) has taken decisive action against the Abuja Electricity Distribution Plc (AEDC) for non-compliance with the Supplementary Order to the April 2024!-->!-->!-->!-->!-->…
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Impact Unveiled: Lagos Areas Under Band A Tariff Plan to Pay N225/KW/h for Electricity
By William Emmanuel Ukpoju
In the wake of the Nigerian Electricity Regulatory Commission's (NERC) recent approval of a substantial tariff increase for Band A customers, attention has turned to Lagos State, where subscribers are!-->!-->!-->!-->!-->…
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NERC Raises Band A Customers Tariff Amidst Gas Price Hike
By William Emmanuel Ukpoju
In a recent development, the Nigerian Electricity Regulatory Commission (NERC) has announced a tariff increase for electricity consumers under Band A category. Effective immediately, customers in this!-->!-->!-->!-->!-->…
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Nigeria Commissions First Hybrid Solar Mini-Grid
By Patience Chat Moses
The Rural Electrification Agency (REA) has achieved yet another incredible milestone with the commissioning of Nigeria’s first Interconnected Solar Hybrid Mini Grid in Toto community, Nasarawa State. This was!-->!-->!-->!-->!-->…
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Power Sector Cashflow Rises to N900bn – FG
By Adaobi Rhema Oguejiofor
The Federal Government has announced that the liquidity in Nigeria’s power sector increased from N282 billion in 2015 to N900 billion in 2023.
This was disclosed through the Nigerian Electricity!-->!-->!-->!-->!-->!-->!-->…
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General Electric partners Nigerian company on gas turbine maintenance deal
First Independent Power Limited (FIPL), has signed a long-term contract with General Electric (GE) for the maintenance of its GT 13E2 Gas Turbine until 2031. This strategic partnership signifies a major milestone in FIPL’s mission to!-->!-->!-->…
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We’re Committed To Siemens Power Project, Tinubu Tells German Chancellor
President Bola Tinubu has assured Olaf Scholz, German Chancellor, that the power project deal with Siemens AG will take on urgency under his leadership.
A statement released by Ajuri Ngelale, presidential spokesperson, said Tinubu!-->!-->!-->!-->!-->…
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FG Signs 250MW Power Sale Deal with Discos
By Adaobi Rhema Oguejiofor
The Federal Government through the Niger Delta Power Holding Company (NDPHC) has signed a Power Purchase Agreement (PPA) with utility companies in order to distribute a total of about 250 Mega Watt (MW)!-->!-->!-->!-->!-->…
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