NDPHC hands over 7 injection substations to Kano Electricity Distribution Company

The Niger Delta Power Holding Company (NDPHC) on Wednesday handed over seven newly constructed injection substations to Kano Electricity Distribution Company (DISCO). The News Agency...

Power investors suspend prepaid meter scheme

Consumers have continued to groan about poor power supply after the takeover of the assets of the defunct Power Holding Company of Nigeria by...

Power, oil facilities most vandalised utilities – Report

The most vandalised public properties in Nigeria are power equipment and oil and gas installations, a report by NOIPolls Limited has shown. The report indicated...

Service firms set to exploit opportunities in post-privatisation regime

Barely 20 days after the official handing over of the Power Holding Company successor firms to the owners, some indigenous service companies, including banks...

Manpower shortage hits power sector, threatens privatisation

The privatisation of Nigeria’s power sector is under threat, following an indication of an impending acute manpower shortage in the power sector. This came as...

Jebba generation capacity rises to 450mw

The capacity of Jebba Power Plant recently taken over by Mainstream Energy Solutions Limited at the weekend moved from 380 megawatts to 450 megawatts. The...

NERC moves to clip GENCOs,’ DISCOs’ wings

To ensure that the 14 power generation and distribution companies do not derail, the National Electricity Regulatory Commission (NERC) will soon release the guidelines...

States, communities to share 40% stakes in PHCN assets

States and communities hosting the 11 distribution companies unbundled from the defunct Power Holding Company of Nigeria (PHCN) will share the remaining 40 per...

NIPPs: A scratch on the surface?

Nigeria’s quest to provide quality electricity supply to the populace and businesses was given a boost last week when the Niger Delta Power Holding...

FBN Capital set to finance power firms

FBN Capital has unfolded plans to raise fund from both international and local currency market to finance the recent privatized fi rms and its...

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