Energy Business Digest
NERC To Establish Electricity Consumer Advocacy Network
…Holds First Nigerian Electricity Advocacy Network Meeting By Chijioke Igolo In a bold move to engender mutually reinforcing relationship between the operators in the electricity industry and electricity consumers, the Nigerian Electricity Regulatory Commission, NERC, has articulated its plan for the creation of a Nigerian Electricity Consumers Advocacy Network (NECAN), whose major objective would be […]
Abuja DISCO Replaces 250 Sub-stations, Set to Roll-out 100,000 Meters Yearly
The Managing Director of Abuja Electricity Distribution Company Mr. Neil Croucher has assured customers in areas covered by Abuja Electricity Distribution Company of better services. He made the assurance in an interview with Energy Business Digest over the weekend. Our team had tried severally to get an interview with Mr. Neil Croucher, MD/CEO of Abuja […]
Power Africa Initiative: Details and Benefits for Africa, Investors and the People
During his June 2013 four- nation tour of Africa, the U.S. President Barack Obama inaugurated the Power Africa Initiative. The major objective of the initiative is to set up actions and partnerships that would culminate in the up-scaling of power generation in sub Saharan Africa by as much as 10,000MW and increasing the number of […]
Prioritize Renewable Energy Sources, NEBO to Incoming Buhari Administration
The President Jonathan Administration has started giving the incoming administration guidelines to enable it succeed and take Nigeria to the next level. The Hon. Minister of Power, Prof. Chinedu Nebo was all charitable when he urged the in-coming Buhari Administration to open its doors to other sources of energy, such as coal-to-power, solar powered plants, […]
TEM Gets Credibility Boost
The possibility of participants in the electricity market being paid promptly for their services in the contract based Transitional Electricity Market, TEM, has been boosted with many of the new owners of the distribution companies posting their Letters of Credit (L/Cs). Letters of Credit are bank guarantees the electricity distribution companies were expected to provide […]
NERC to Unbundle TCN
The Chairman of the Nigerian Electricity Regulatory Commission, NERC, Dr Sam Amadi has announced that the commission has commenced the process of unbundling the Transmission Company of Nigeria, TCN. According to Amadi, the purpose of unbundling TCN, this may include some level of privatization down the line, is to engender more efficiency and service delivery […]
Power Sector Privatization: Process and Prospects – BPE
Power Sector Privatization has been a front burner issue since the era of President Olusegun Obasanjo in 1999. Has it been done right? Is there anything more we need to do to get adequate, regular and reliable energy on demand for our economic development? Energy Business Digest serves you a rare and detailed expose on […]
Prof Barth Nnaji Makes Final Appeal to President Jonathan on Aba Power
The immediate past Minister of Power and a world renowned expert on robotics, Prof Barth Nnaji has made a final appeal to out- going government of President Goodluck Jonahan to resolve the impasse regarding the agreed concession between the Federal Government and Geometric on Aba Power and its target market before stepping aside next month. In […]
NERC Bares Fangs, ABUJA DISCO to Explain High Billing of Customers
It is a new dawn in the electricity industry as the regulator has summed up courage to discipline a distribution company for violating the terms of its license. It was a pleasant surprise for not a few customers when the news broke that the Nigerian Electricity Regulatory Commission, NERC, had issued the Abuja Electricity Distribution […]
Vandalism, Inadequate Gas Deny Nigerians Gains in Power Sector Dev -FG
The Federal Government has given itself a pass mark in the power sector development with regards to infrastructure upgrade, but decried the twin problems of gas unavailability and rampant acts of vandalism for denying Nigerians the benefits of the upgrade. “Availability wise, I think no administration has done as well as this administration. We have actually […]
President Buhari Reappoints Dr Amobi, Constitutes NBET Board
Ikeja Electric Gets new CEO, Signs Supply Agreement with Estate
TCN restores bulk power supply to areas in Ibadan DisCo after fire incident
Clement on TCN Commissions 2 Power Transformers in 2 States in One Day
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