Disco earmarks N42b for power system upgrade

The Eko Electricity Distribution Company (EKEDC) has earmarked about N42 billion investments on network rehabilitation and improvement over the next five years. Meanwhile, the Eko...

NIPP privatisation: Talks between Ethiope, BPE collapse

Talks aimed at resolving the dispute between Ethiope Energy Limited and the Bureau of Public Enterprises (BPE) over the bid process for three National...

NERC places running caveat on Discos’ collection of fixed charges

Starting from today, consumers of electricity services in the country’s privatised electricity market will have the chance to hold back payment of fixed electricity...

Nigeria needs 51,000 engineers to boost power sector reform – NAPTIN

The National Power Training Institute of Nigeria (NAPTIN) has said that country requires 51,000 engineers to fast-track the power sector reform.Currently, the sector has...

Power sector is broke – Ex-minister

A former Minister of Power and high-ranking officer of the defunct Power Holding Company of Nigeria (PHCN), Bello Suleiman, has States based power supply company,...

Non-payment of N18.2b purchased power worries Genco

Laxity in the implementation of fiscal policy guiding the operations of the power sector in the post-privatisation era may have thrown Egbin Electric Power...

$10bn investment is needed to double power generation in Nigeria – Nebo

The Minister of Power, Prof. Chinedu Nebo, said close to 10 billion dollars about N1.6 trillion investment was needed to double the power generation...

Eko, Ikeja DISCOs sack 5,075 workers

Indications emerged yesterday that the management of Eko and Ikeja Electricity Distribution Companies, DISCOs, have sacked no fewer than 5,075 workers. A breakdown of the...

Consumers decry increase in fixed charges

There is concern among consumers over possible increase in fixed charges by the Nigerian Electricity Regulatory Commission(NERC) in June. The development is coming on the...

NERC pledges sustained partnership for gas supply

The Nigerian Electricity Regulatory Commission (NERC) has stated its readiness to continue collaborating with stakeholders on accessing long term gas supply for the power...

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