The company also said it had installed prepaid meters for about 400,000 customers out of 1.1 million since 2013. Ikeja Electric says some of the challenges facing the power distribution company include an outstanding N70.97 billion debt owed to the company […]
Day: 30 July 2021
Five Ways to Provide $122 Billion Funding for Nigeria’s Green Sector
Countries worldwide are moving away from fossil fuels. The main reason is due to carbon emission’s impact on the environment and their population’s health. For instance, 63 countries have committed to reducing global emissions by 50% under their new Nationally Determined Contributions […]
NERC Bars TCN from Dealing with Unlicensed Eligible Customers
* National power grid restored after collapse The Nigeria Electricity Regulatory Commission (NERC) has warned the Transmission Company of Nigeria (TCN) against dealing with unlicensed individuals and business concerns on the eligible customer basis. Speaking during the “Power Dialogue” for […]
Nigeria Targets 28 Mini-grid Project With $9bn
The federal government is constructing about 28 solar mini-grids with a total capacity of 2.1 MW at a cost of $9 billion. The power asset will provide electricity for approximately 55,000 people residing in the rural regions of the country. […]
BEDC Links Power Outage to Rising Vandalism, Energy Theft
Management of the Benin Electricity Development Company (BEDC) Plc has bemoaned the rising cases of vandalism and energy theft in Delta, Edo, Ekiti and Ondo states. It lamented that vandalism of electricity distribution network and other forms of electrical theft […]
