Government
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TCN MD Clarifies $1.5B Foreign Loan to Expand National Grid

Posted: October 30, 2017 at 12:09 pm   /   Government, Ministry of Power, Photo, TCN

The Managing Director/ CEO of TCN, Mr Usman Gur Mohammed has clarified the status and composition of the $1.5 billion multilateral donors loan which TCN plans to obtain from the World Bank, Islamic Development Bank, African Development Bank (AfDB) and three others for the National Grid network expansion. He said that the National Assembly may […]

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FG to Review Power Sector Privatisation, Investors to Cede Shares

Posted: October 15, 2017 at 6:19 am   /   Government, Ministry of Power

A new business structure is coming for the power industry. All the voices clamouring for change in the power sector as currently managed can start rejoicing as the Federal Government has disclosed that it is considering a review of the power sector privatisation to make it deliver the expected promise. The Minister of State for […]

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Peter Ewesor Reappointed MD of NEMSA

Posted: October 14, 2017 at 11:59 pm   /   EMS, Government

President Mohammed Buhari has approved the re-appointment of Mr Peter Ewesor as the Managing Director of the Nigerian Electricity Management Services Agengy, NEMSA, for a final term of four years in accordance with the provisions of Section 7(3) of Agency’s Act 2015. In a statement by the Office of the Secretary to the Federal Government […]

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TCN Reports System Collapse Due to Trippings from Egbin Power Station

Posted: September 30, 2017 at 1:54 pm   /   Government, Ministry of Power, TCN

Transmission Company of Nigeria, TCN, has reported that the total system collapse recorded on Thursday, September 28 was triggered by multiple trippings of three units at the Egbin Power Station in Lagos State. According to the release from TCN, a post mortem analysis of the event indicated that grid generation before the trippings was 4,262.7MW […]

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No Plans to Revoke Power Sector Privatization- Fashola

Posted: September 30, 2017 at 1:10 pm   /   Discos, Gen. Biz, Gencos, Government, Ministry of Power

The new owners of power sector assets can be rest assured as the Federal Government has ruled out the possibility of revoking licences given to them to run the country’s power sector. The Minister of Power, Works and Housing, Babatunde Fashola, cleared the air at the Policy Dialogue on the Power Sector, organised by the […]

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We will give you more power, but you have to pay promptly – PS tells Togo & Benin Republics

Posted: September 22, 2017 at 6:55 pm   /   Government, Ministry of Power, TCN

The Nigerian Government has started talking tough to neighboring countries that benefit from power supply generated in the country. The Permanent Secretary, Power, Ministry of Power, Works and Housing, Mr Louis Edozien told some representatives of power utilities in the Republics of Benin and Togo that Nigeria was ready to improve power supplied to them. […]

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TCN is not the Weakest Link Anymore – TCN MD

Posted: September 22, 2017 at 5:49 pm   /   Government, Ministry of Power, TCN

Once again, the Interim Managing Director of Transmission Company of Nigeria, TCN, Mr Usman Gur Mohammed has declared that TCN was no longer the weakest link in the power equation in Nigeria. Gur Mohammed made the declaration in the 2-day Kick-off meeting for the construction of the 2nd Transmission Line to wheel electricity from Lagos, Nigeria […]

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3rd National Power Council Meets to Discuss Sector Challenges

Posted: September 18, 2017 at 8:30 pm   /   Discos, Gen. Biz, Government, Ministry of Power, Photo

The 3rd National Council on Power (NACOP) kicked-off in Jos, Plateau State capital, 18th September with the theme “Completing Power Sector Reforms”. The Council whose opening session is being chaired by the Permanent Secretary, Power, Louis Edozien, is to examine the challenges of the moment and take decisions to overcome them to ensure the sector […]

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NIPP to Boost Transmission Infrastructure by N540b Investments – Ugbo

Posted: September 15, 2017 at 11:40 pm   /   Government, Ministry of Power, TCN, Uncategorized

The Managing Director/CEO of the Niger Delta Power Holding Company Limited (NDPHC), Mr Chiedu Ugbo has declared that the organization has embarked on an investment of over $1.5 billion (N540 billion) in upscaling the national Transmission infrastructure. Mr Ugbo made the declaration during the Guardian Newspaper Power Summit, “Beyond Rhetoric: Turning Nigeria’s Power Sector Value […]

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82 Nigerians Died from Electricity Accidents in 6 Months- NEMSA

Posted: August 29, 2017 at 2:19 pm   /   Discos, Ministry of Power, TCN

The Nigerian Electricity Management Services Agency (NEMSA) has disclosed that 82 persons which includes employees of electricity distribution companies (Discos), Transmission Company of Nigeria (TCN), as well as power consumers, lost their lives in various electricity-related accidents between January and July this year. According to the NEMSA report on Safety Ranking for Electricity Distribution companies […]

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