Benin Electricity Distribution PLC (BEDC) at the weekend disclosed that it had added a total of 1,694 distribution transformers since it took over the distribution of electricity in Edo State in 2013 to improve power across the state. The company gave the hint in its Customer Information Update, adding that power availability has also improved […]
The Rural Electrification Agency (REA) has said that about 80 million Nigerians lack access to electricity being supplied through the national grid, making the country to have the second largest electricity access deficit globally. The Managing Director of the agency, Mrs. Damilola Ogunbiyi, gave this hint on Wednesday at the Nigerian Off Grid Investment Opportunities […]
Nigeria’s power generation dipped by 3,036 megawatts in two days last week due to multi-pronged operational challenges bordering on water, frequency, line and gas supply constraints, an official document has revealed. An official document on the daily operational record of the power sector on Saturday, July 21, sourced by the media from the Office of […]
The electricity distribution companies (Discos) on Tuesday said that current efforts to achieve a stable, uninterrupted electricity in the country was not feasible in the immediate term, predicting that such a feat could be achieved in five years time. The power sector entities hinged their position on the prospects of improved electricity on the current […]
The Federal Government on Monday asks the Nigerian Electricity Regulatory Commission (NERC) to enforce the contract mandating power distribution companies to provide meters for their customers and eliminate estimated billing in the sector. The Minister of Power, Works and Housing, Babatunde Fashola, said that one of the options in the contract was for NERC to […]
The Federal Executive Council (FEC) on Wednesday approved contracts totalling about N35.8 billion for roads, bridges and power at the end of its meeting presided over by President Muhammadu Buhari in Abuja. The Minister of Power, Works and Housing, Mr. Babatunde Fashola, gave this hint to State House correspondents at the end of the Council’s […]
The Federal Government is set to invest N72 billion on core transmission and distribution infrastructure to improve electricity supply to consumers in the country. The Minister of Power, Works and Housing, Mr. Babatunde Fashola, who disclosed this on Monday at a news conference in Abuja, said that the investment would help in transmitting additional 2,000 […]
The World Bank, African Development Bank (AfDB), Japan International Cooperation Agency (JICA) and French Development Agency are leading other multilateral donor agencies with $1.57 billion raised to boost Nigeria’s electricity grid to 20,000 megawatts (MW) within the next four years. The Managing Director of Transmission Company of Nigeria (TCN), Mr. Usman Mohammed, disclosed this at […]
The House of Representatives yesterday commenced a legislative process that may end the era of estimated billing regime in the nation’s electricity market. The House is considering a bill seeking to amend the Electricity Power Reform Act 2004. Sponsored by the Majority Leader, Hon. Femi Gbajabiamila and others, the Bill scaled second reading. If passed […]