Energy Business Digest
Power Boss Offers Bleak Narratives on State of Power in Nigeria
The Managing Director of the Benin Electricity Distribution Company, Olufunke Osibodu, has painted a bleak picture of the state of power in Nigeria and concluded that Nigerians should not expect any improvement in the power sector in the next five years. Speaking at the 11th Annual Founder’s Day event of the American University of Nigeria […]
Vandals Cart away Power Cables on Abuja Expressway
Vandals have increased the problems of the commuters and customers of the power franchise in Abuja by carting away several kilometers of cables that supply power to the long and beautiful Kubwa Expressway in the Federal Capital. The cables included various sizes of electric armoured cables stretching over 1.7 kilometres along Murtala Muhammed Expressway, Kubwa […]
NERC Blasts Enugu Disco Over Customer Complaints, Poor Safety Record
The Acting Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr Anthony Akah, mni, has decried the worrisome safety records and high rate of accidents in the Enugu Electricity Distribution Network (EEDC) with a record of 14 deaths and 5 injuries in 2016 alone. He also frowned at EEDC’s violation of its performance agreements, noting […]
Privatization of NIPP Resumes in Phases
The Managing Director of NDPHC, Chinedu Ugbo, has disclosed that the company has obtained Federal Government’s approval to resume the privatization process of the 10 gas power generating plants built under the NIPP which had been stalled since 2013. Speaking at an energy forum in Abuja, the NIPP boss stated that the privatization process will […]
Fashola: FG Won’t Cancel Power Sector Privatization
The Minister of Power, Works and Housing, Babatunde Fashola, has declared that the Federal Government will not revoke the privatization of the power sector carried out three years ago, despite stringent calls by several influential interest groups to revoke the exercise. The Minister who spoke at the 5th European Union (EU) – Nigeria Business Forum […]
NERC Commends Benue Govt for Settling Electricity Bills by MDAs
The Nigerian Electricity Regulatory Commission (NERC) has commended the Benue State Government for settling electricity bills issued by the Jos Electricity Distribution Company (JEDC) on the state’s ministries, departments and agencies. Acting Chairman, Dr. Anthony Akah, mni, gave this commendation at the inauguration of the Makurdi Forum Office and he advised other states to emulate […]
DISCOs Disagree With Dangote on Power Privatization
The Association of Nigerian Electricity Distributors (ANED) has come out to forcefully disagree with Aliko Dangote who recently called for the reversal of the privatization of the power sector. Aliko Dangote, billionaire businessman, made the call while speaking at the Senior Executive Course 38, at the National Institute of Policy and Strategic Studies (NIPSS), Kuru, […]
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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