NERC

President Buhari Re-appoints Chiedu Ugbo, MD & Executive Directors of NDPHC for Another 4 Years

Posted: August 20, 2020 at 8:50 pm   /   Gencos, Government, Ministry of Power, NERC

President Buhari has approved the reappointment of Chiedu Ugbo, Managing Director of Niger Delta Power Holding Company of Nigeria for another four years. MD/CEO, NDPHC, Barr Chiedu Ugbo The news was delivered today in the release signed by Laolu Akande, Special Assistant, Media to the Vice President, Prof Yemi Osinbajo. According to the release, the […]

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TCN Announces New Peak Power Generation of 5,420.30MW

Posted: August 20, 2020 at 7:28 pm   /   Gen. Biz, Gencos, Government, Ministry of Power, NERC, TCN

The Transmission Company of Nigeria. TCN. has today announced the attainment of 5,420.20MW power generation, which is a new all time high record in the nation. Minster of Power, Sale Mamman According to the release published on the Tweeter handle of the company and signed by the company’s General Manager Public Affairs, Ndidi Mbah, the […]

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NERC Introduces Monitoring System to Improve Power Supply to Customers Nationwide

Posted: August 17, 2020 at 11:20 am   /   Discos, Government, Ministry of Power, NERC, TCN

Power supply watchers have commended the power industry regulator, NERC, for introducing a new monitoring mechanism that has the potential of improving the delivery of electricity to the customers nationwide. The new system involves daily review of the report of the statuses of all 132/33kV feeders in the country being submitted daily by the System […]

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Dr Nnaemeka Ewelukwa Assumes Duty as Helmsman at NBET

Posted: August 7, 2020 at 3:35 pm   /   Gen. Biz, Government, Ministry of Power, NBET, NERC

Patience really pays. The old adage, “the patient dog eats the fattest bone” came to play in the life of Dr Nnaemeka Ewelukwa as he has finally assumed duties as the Managing Director/ Chief Executive Officer of the Nigerian Bulk Electricity Trader, NBET. He is succeeding the second MD/CEO of the company, Dr Marilyn Amobi, […]

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Q1 2020 Power Supply Performance: More Power from GenCos, less Revenue Returns from DisCos

Posted: August 1, 2020 at 5:35 pm   /   Discos, Gen. Biz, Government, Ministry of Power, NBET, NDPHC, NERC

The nation is experiencing inverse performances in the power supply sector according to the data published by the Nigerian Bulk Electricity Trader, NBET, on its website. While the power generating companies, GenCos, are producing more power and TCN is wheeling all these to the distribution companies, DisCos, the DisCos are returning less and less into […]

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FEC Approves N8.64bn to Fund 1st Phase Siemens Power Deal

Posted: July 30, 2020 at 6:41 am   /   Government, Ministry of Power, NERC, Photo, Regulation, Uncategorized

The Federal Executive Council (FEC) has ratified President Muhammadu Buhari’s anticipatory approval for the release of N8,648,081,465 to fund phase one of the Nigeria-Germany electricity deal. The fund, which is an offshore loan facility of €15.21 million, an equivalent of N6,940,081,465.20, and N1.708 billion onshore fund, is the counterpart funding of the first phase of […]

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TCN restores bulk power supply to areas in Ibadan DisCo after fire incident

Posted: February 7, 2020 at 10:12 am   /   Discos, Government, Ministry of Power, NERC, TCN

The Transmission Company of Nigeria, TCN, has reported that it has restored bulk power supply to Ibadan DisCo distribution lines that were out due to fire incident on Wednesday at TCN substation in Ayede, Akinyemi along Ring Road in Ibadan, Oyo State. According to the release published on TCN twitter handle and signed by the […]

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Stop asking customers to pay for network infrastructure – NERC

Posted: February 7, 2020 at 9:42 am   /   Discos, Government, NERC, Regulation

The electricity sector regulator, NERC, has news for the electricity distribution companies; they should stop asking customers to pay for replacement and installation of network infrastructure such as faulty transformers, substation materials or lines, etc. According to a release published on the website of the industry regulator, the only scenario where the customer is to […]

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We are still listening to Stakeholders – El- Rufai

Posted: January 24, 2020 at 7:44 pm   /   Discos, Government, Ministry of Power, NERC

If you were expecting quick fix report from the Federal Government Committee to review the present ownership of power assets in the country, you have to tarry awhile. According to the Chairman of the committee, Mallam El-Rufai, Governor of Kaduna State, they are still listening to stakeholders before they make up their minds as to […]

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Speaker Femi Gbajabiamila wades into Electricity Tariff Increase controversy

Posted: January 13, 2020 at 1:39 am   /   Government, Ministry of Power, NERC, Regulation

The Honourable Speaker of the House of Representatives, Mr Femi Gbajabiamila has spoken his mind on the current controversy of electricity tariff increase recently announced by the power industry regulator. For the Speaker, he would want the National Assembly to support the increase in electricity tariffs, making it cost reflective so that it would be […]

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