March 2018

NERC Fines Ibadan DisCo N50 million for Mis-application of CBN Loan Facility

Posted: March 26, 2018 at 4:11 pm   /   Discos, Ibadan, NERC

… ordered to recover N5.75bn inappropriate transactions with interest Following the outcome of an open book review conducted on the financial records of Ibadan Electricity Distribution Company plc (IBEDC), the Nigerian Electricity Regulatory Commission found the company wanting on two grounds of inappropriate financial transactions and was subsequently fined a sum of N50m. The fine […]

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Nothing is written in stone

Posted: March 26, 2018 at 3:52 pm   /   Quote

NOTHING IS WRITTEN IN STONE. IF YOU CAN CHANGE IT, GO AHEAD AND CHANGE IT. SET A NEW RECORD!

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House of Representatives to Investigate Arbitrary Electricity Charges

Posted: March 24, 2018 at 5:57 pm   /   Government

A seeming relief may be on the way for electricity customers  who seemed to be over-billed as the Federal House of Representatives has set up an Ad-hoc Committee to investigate the sharp practices in the Power Sector and report back to the House. The Ad-Hoc Committee which is to investigate and recommend ways and means […]

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TCN Commissions 2 new 60MVA Transformers in Uyo, Kano & Nsukka Substation

Posted: March 24, 2018 at 1:17 pm   /   Government, Ministry of Power, TCN

The Transmission Company of Nigeria TCN has announced the complete installation and commissioning into service two brand new 60MVA 132/33kV power transformers in its transmission substations in Uyo and Kano and has also energized its Nsukka 30MVA transmission substation completed in 2016 that could not be energized then, due to way leave issues. In a […]

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More Problems in the Power Sector as Govt & GenCos Exchange words over Shutdown and Debts

Posted: March 22, 2018 at 6:13 pm   /   Gencos, Government, Ministry of Power

The fragile Power Sector in Nigeria is set to experience another set of shocks as the Federal Government represented by the Minister of Power, Works and Housing calls out power generating companies, GenCos, for planning to shutdown power plants in a bid to drive home a baseless point. In response, the Association of power generating […]

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3 Jailed for Attacking Enugu DisCo Workers

Posted: March 22, 2018 at 11:37 am   /   Discos, Enugu

The Nigerian court system has thrown its weight behind workers of electricity distribution companies who get battered by unruly electricity consumers while discharging their legitimate duties. Three persons, Chika George, 32; Simon Nmerole, 61; Jonah Eberechi, 20; and Chukwudi Igboekwuto, 19 were last Friday sentenced to prison for attacking an employee of the Enugu Electricity […]

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AfDB Committed to Supporting Nigeria’s Power Sector Recovery Programme- Adeshina

Posted: March 17, 2018 at 9:11 pm   /   Government, Ministry of Power

By Dele Ogbodo The President of the African Development Bank (AfDB), Mr. Akinwumi Adeshina, has reiterated the bank’s commitment to support and assist Nigeria actualize its power sector recovery programme. The federal government and the bank on Friday in Abuja concluded a 2-day meeting on the framework for the country’s power sector recovery programme with […]

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Power Generating Companies have no Basis Going to Court- Fashola

Posted: March 12, 2018 at 4:41 pm   /   Gencos, Government, Ministry of Power

The Minister of Power, Works and Housing has said that the power generating companies have no basis taking the Federal Government to court over payments to Azura Thermal Power Station. He however affirmed that that is their right and their prerogative, stressing that it is better than self-help, as it is consistent with the rule […]

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FG Secures $486m from World Bank for TCN Expansion, Assures on New Meter Program

Posted: March 12, 2018 at 4:17 pm   /   Government, Ministry of Power, Photo

By Dele Ogbodo The Minister of Power, Works and Housing, Babatunde Fashola SAN, on Monday said the World Bank has approved $486 million for the Transmission Company of Nigeria (TCN), transmission infra-structure expansion. In a statement made available to Energybizdigest online, by the Minister’s Special Adviser on Media, Mr. Hakeem Bello, stated that progress is […]

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NDPHC flags off N5.49bn Transmission Substation Project to Improve Power in Lafia

Posted: March 12, 2018 at 11:18 am   /   Government, TCN

Power supply in Lafia, the capital of Nassarawa State and the adjoining communities is set to improve with the flagging off of construction of the 330 kilovolt (KV) transmission substation worth N5.49 billion in Lafia, the Nasarawa State capital by the Niger Delta Power Holding Company of Nigeria, plc, NDPHC. The Managing Director of NDPHC, […]

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