23 Power Generation Companies Receive NI53b from NBET in 7 months

Posted: January 22, 2018 at 6:56 pm   /   Gencos, NBET

Power generating companies in the country have heaved a sigh relief through the payment of N153billion by the Nigerian Bulk Electricity Trader, NBET for power generation into the National Grid. Recall that the power generating companies were, not too long ago, crying to the high heavens that their business was collapsing with NBET only able […]

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Kano State Donates Land for Dangote’s $150m Power Project

Posted: January 22, 2018 at 2:45 pm   /   Gen. Biz, REA

The Kano State government has donated 150 hectares of land to Dangote Group for the development of its $150 million Black Rhino solar power plant in Zakirai, Gabasawa Local Government Area of the state. It is estimated that the power plant will provide 100 megawatts of solar power by 2020. The Managing Director, Stakeholders Management, […]

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TCN Defers to Courts over Phase 3 Telecoms Publications on Fibre Optic Contract Termination

Posted: January 18, 2018 at 6:58 pm   /   Government, TCN

In a terse statement from TCN, the management responded to the media publications from Phase 3 Telecoms which only recently denied oweing Federal Government over N27billion in default payments to TCN for the concession of her Fibre Optic Network. The release reads; “The attention of the management o& TCN has been drawn to the misrepresentations […]

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FG Approves Policy Framework on Power Transmission

Posted: January 17, 2018 at 5:52 pm   /   Government, Ministry of Power, Photo

Story by Maxwell Ogbodo The Federal Executive Council (FEC), has approved a new framework that will boost power transmission across the country. Mr. Babatunde Fashola, the Minister of Power, Works and Housing, informed Villa reporters on Wednesday at the end of the Federal Executive Council meeting with President Muhammadu Buhari presiding. According to the minister, […]

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Phase3 Telecom Refutes N27.18bn Debt over TCN Fibre Optics Cable Contract

Posted: January 17, 2018 at 12:34 pm   /   Government, Ministry of Power, TCN

The Management of Phase3 Telecom, an indigenous fibre optic and communications company, on Wednesday said that the company and Alheri Engineering limited are not owing the federal government N27.18 billion over a concession agreement on the management of fibre optics cable with the Transmission Company of Nigeria (TCN). In a statement signed by the Company’s […]

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FG Terminates Al-heri Contract to Manage Fibre Optics of TCN

Posted: January 15, 2018 at 5:45 pm   /   Government, Ministry of Power, TCN

The Federal Government has terminated the concession contracts for the management of Fiber Optic Network of the Transmission Company of Nigeria (TCN) with Alheri Engineering Company Limited and Phase 3 Telecoms Limited. The Minister of Power, Works and Housing, Raji Fashola, who oversees TCN has written to the President confirming breach of agreement, as well […]

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FG to Approve Regulation for Meter Asset Licencees, Commends NEMSA

Posted: January 12, 2018 at 6:01 pm   /   EMS, Government, Ministry of Power

The Honorable Minister of Power, Works and Housing, Mr Babatunde Fashola, SAN, has commended the management of The Nigerian Electricity Management Services Agencies, NEMSA, for her services in the Power value chain. The Minister was speaking while inspecting the facilities at the NEMSA Meter Test Station in Oshodi Lagos. He said the National Meter Test […]

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NEMSA Reports 113 Deaths, 77 Injuries in 146 Accidents in 2017

Posted: January 9, 2018 at 6:22 pm   /   Government, Ministry of Power

The Nigerian Electricity Management Services Agency (NEMSA) has reported the occurrence of 146 electrical accidents that killed 113 and injured 77 others in 2017. In a report presented at the 23rd Power Sector Meeting in Lafia on Monday by the Managing Director, Engr. Peter Ewesor, the agency said seven persons were electrocuted in five accidents […]

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NNPC Restores Escravos-Lagos Pipeline, Resumes Gas Supply to Power Plants

Posted: January 9, 2018 at 6:06 pm   /   Gencos, Government, Ministry of Power

The cheering news in the country is that the Escravos-Lagos Pipeline (ELP) which came down last Tuesday night as a result of a fire incident has been restored and gas supply to power generating companies resumed. The Nigerian National Petroleum Corporation (NNPC) disclosed this Monday that the repair work on the pipeline followed the directive […]

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REA to Deliver Phase 1 Power Projects to Federal Universities in 2018

Posted: January 6, 2018 at 10:57 am   /   Government, Ministry of Power, REA

The Rural Electrification Agency, REA, has said that the planned Energizing Education Programme (EEP) which aims to provide dedicated and reliable electricity supply to some federal universities is on course for delivery in 2018. According to a statement from the agency: “Allegations that the MD/CEO made any statements to the contrary are patently untrue and […]

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