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Minister asks Ibadan DisCo & TCN to collaborate to improve power supply to customers

Posted: September 26, 2020 at 4:27 pm   /   Discos, Government, Ibadan, Ministry of Power, Photo, TCN

The Minister of State, Power, Mr Goddy Jeddy-Agba, has urged the Transmission Company of Nigeria (TCN) to collaborate with the Ibadan Electricity Distribution Company (IBEDC), and indeed all DisCos, to improve power supply to customers. He spoke during a tour of upgraded facilities of the IBEDC interchange injection sub-station and TCN Transmission substation in Ayede […]

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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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Abandoned Power Projects in Nigeria to be Completed – Minister of Power

Posted: July 29, 2020 at 2:39 pm   /   Government, Ministry of Power, Photo, TCN

The Minister of Power, Mr Sale Mamman has pledged to complete and commission several abandoned power transmission projects located in various parts of the country. The Minister said completing and commissioning the power projects was among the priority assignments he was given by President Buhari when he assumed duty in August 2019 and declared that […]

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Senate Power Committee Commends TCN on Power Projects to Boost Bulk Power into Abuja

Posted: July 24, 2020 at 8:08 am   /   Government, Photo, TCN

The Senate Committee on Power led by the Chairman, Senator Gabriel Suswan has commended TCN for the level of work on the on-going power projects in spite of the pandemic. Senator Suswanspoke during the tour of sites of several on-going power projects of TCN to boost bulk power delivery into Abuja and environs. According to […]

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Ikeja Electric Gets new CEO, Signs Supply Agreement with Estate

Posted: March 30, 2020 at 5:21 pm   /   Discos, Ikeja, Photo

The baton has changed hands at Ikeja Electric Plc, Nigeria’s largest Electricity Distribution Company with the appointment of Mrs. Folake Soetan as its Acting Chief Executive Officer. She took over the saddle on Monday, 2nd March, 2020. She takes over from Dr. Anthony Youdeowei who had led the company as CEO for the last four […]

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Ghana, Siemens sign €250m Power Grid Improvement Deal

Posted: January 16, 2020 at 2:50 pm   /   Government, Ministry of Power, Photo, TCN, WAPP

While some Nigerian Power Sector operators and experts have issues with the recent Nigerian Government agreements with Germany for Siemens to reposition the nation’s power infrastructure, the Government of Ghana has wholeheartedly signed a similar mega deal with the company. Siemens has just signed a memorandum of understanding with the Republic of Ghana to upgrade […]

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Federal Government Commends WAPP Development Partners, Calls for more Support to Realize Regional Power Trade

Posted: November 7, 2019 at 2:22 pm   /   Gen. Biz, Government, Ministry of Power, Photo, TCN, WAPP

By Innocent Okoye The Honourable Minister of Power, Engr Sale Mamman has declared the 34th Technical and Financial Partners Meeting open in Abuja. The Technical and Financial Meeting is a major part of the 14th session of West African Power Pool meeting currently holding in Abuja. Mr Goddy Jedy Agba, Honourable Minister of State, Power […]

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We are prepared to work with DisCos to improve power supply delivery- MD, TCN

Posted: September 28, 2019 at 1:13 pm   /   Government, Ministry of Power, NERC, Photo, TCN

BY: Innocent Okoye The management of Transmission Company of Nigeria, TCN, has offered to work in tandem with the managements of all the Distribution Companies, DisCos, to ensure superior power service delivery to the people of Nigeria and beyond. The problem however is that the managements of the DisCos are not prepared to work with […]

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WAPP to Synchronize 3 Island Networks in West Africa into One

Posted: September 18, 2019 at 8:58 am   /   Government, Ministry of Power, Photo, TCN

BY: Innocent Okoye The West African Power Pool (WAPP) has commenced work to synchronize the three island networks among 14 West African member states into a single reliable and efficient network. The Managing Director/CEO of TCN and the Chairman, Board of Director of WAPP, Mr. Usman Gur Mohammed disclosed the benefits of a synchronized network […]

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Electricity Market Operator Suspends Defaulting DisCos for Low Security Covers

Posted: July 29, 2019 at 3:52 pm   /   Discos, Government, Ministry of Power, NERC, Photo, TCN

The Nigerian Electricity Market is getting more interesting by the day and the Electricity Distribution Companies, DisCos, are the ones with the burnt end of the stick. The DisCos have severally been accused of causing illiquidity in the Market by their poor monthly returns on their monthly invoices , which hovers between 30 and 35%. […]

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