Latest News Power/Electricity

GENCOs Threaten Blackout Over Grid Mgt Hiccups

Electricity Generating Companies (GenCos) have threatened to shut down their plants over what they described as inefficient grid management and associated costs on their operations. The GenCos gave the warning in a document signed by the Executive Secretary, Association of Power Generation Companies (APGC), Dr. Joy Ogaji, linking load shedding and power fluctuations and the attendant […]

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Discos Default In Remittances by 112Bn, Meter Distribution – NERC

Power distribution companies (Discos) have been accused of defaulting in their remittances to the Nigerian Bulk Electricity Trading Company (NBET) and the Market Operator (MO) to the tune of N112 billion in the first quarter of this year. This fact was contained in the latest Nigerian Electricity Regulatory Commission’s (NERC’s) ‘First Quarter 2018 Nigeria Electricity […]