Ministry of Power

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 […]

read more

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 […]

read more

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 […]

read more

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 […]

read more

Abuja DisCo Denies Contradicting Minister on DisCos Capacity

Posted: August 29, 2017 at 1:39 pm   /   Abuja, Discos, Ministry of Power

The management of Abuja Electricity Distribution Company, AEDC, has come forward to clarify that the DisCo or her spokesperson did not join issues with nor contradict the Honorable Minister of Power, Works and Housing on his views that distribution companies were rejecting available power supply in the grid. According to the statement released by the […]

read more

NDPHC Cancels Rockson Engineering’s Transmission Project Contract

Posted: June 18, 2017 at 6:40 am   /   Government, Ministry of Power, NDPHC, TCN

A new positive business orientation seems to be taking roots in the power sector as NDPHC has bared its fangs by descending on one of its major EPC contractors, Rockson Engineering for failing to deliver critical transmission project on schedule. The Niger Delta Power Holding Company (NDPHC) Limited has stripped Rockson Engineering of the contract […]

read more

NERC to Disband Boards of Discos over Poor Performance

Posted: June 17, 2017 at 7:22 am   /   Discos, Government, Ministry of Power, NERC, Regulation

There seems to be more troubles for the electricity distribution companies as the power industry regulator, Nigerian Electricity Regulatory Commission (NERC), has threatened to the sack of the management boards of the 11 electricity distribution companies (Discos) in the country over poor performance. NERC’s Commissioner for Engineering Performance and Monitoring, Prof. Frank Okafor disclosed this […]

read more

FG Revives Sale of 10 NIPP plants in New Economic Plan

Posted: April 15, 2017 at 5:00 pm   /   Gen. Biz, Government, Ministry of Power, NDPHC

It is indeed good news for proponents of public sector privatization as the Federal Government has announced that it would conclude the sale of 10 brand new electricity generation plants built under the National Integrated Power Projects (NIPPs) by the Niger Delta Power Holding Company Limited (NDPHC) in line with its recently launched Economic Recovery […]

read more

N701bn Power Intervention Funds Too Small to Resolve Power Problems

Posted: March 13, 2017 at 11:08 pm   /   Discos, Gen. Biz, Government, Ministry of Power

While a lot of people heaved a sigh of relief following FG recent intervention in the power sector, the Association of Nigerian Electricity Distributors (ANED) speaking on behalf of the 11 distribution companies has declared that the N701 billion intervention fund approved by the federal government for payments to Gencos has the potential to worsen […]

read more

Power Sector Investors Demand Settlement of N50bn Debt to Reflate the Sector

Posted: February 10, 2017 at 7:14 pm   /   Government, Investors, Ministry of Power

Investors in the nation’s power sector have once again painted a gloomy picture of the power sector as they called for the settlement of N50 billion owed them and the introduction of a realistic tariff structure, reflective of the current rate of inflation and foreign exchange rate. The Chairman of Transcorp Power Ltd, Mr. Tony […]

read more