Month: July 2022

Within 16 months, the 11 Distribution Companies (DisCos) in Nigeria lost the capacity to pay N484.993 billion of the N1.084 trillion invoices they received for the electricity they received from the power Generation Companies (GenCos) between January 2021 and April […]

Within 16 months, the 11 Distribution Companies (DisCos) in Nigeria lost the capacity to pay N484.993 billion of the N1.084 trillion invoices they received for the electricity they received from the power Generation Companies (GenCos) between January 2021 and April […]

•As generation hovers around 3,869MW THERE were indications, last week that the delivery of 10,000 megawatts, MW, under the revised energy sector plan is set to fail again. The important project, which sets out the medium-term structural reforms to diversify […]

The National Union of Electricity Employees (NUEE) has threatened to down tools over alleged takeover of Electricity Distribution Companies (DisCos) and power facilities across the country by commercial banks. The union in a letter addressed to the Minister of Power, titled […]

Failure by 11 electricity distribution companies in Nigeria, DisCos, to fully pay for electricity allocated to them created a deficit of N66.85 billion in the Nigerian Electricity Supply Industry, NESI, in the third quarter of 2021, the Nigerian Electricity Regulatory […]

One of the Independent Power Plants in Nigeria, Ibom Power Plc has urged the Transmission Company of Nigeria (TCN) to change the electric cables from Aba in Abia State to Itu in Akwa Ibom State which have not been reconductored […]

Says banks’ take-over of DISCOs  worsening power supply crisis Wants to know if  owners used facilities as collateral FG explains reasons for take-over, says its temporary By Victor Ahiuma-Young Organized Labor in the nation’s Electricity sector, has issued a strike […]

The total installed power generation capacity of about 13,000 megawatts in Nigeria can only give a healthy life to 632.4 people out of the over 200 million citizens across the country, a report by the Nigerian Association for Energy Economics […]

Nigeria has been unable to find a lasting solution to its perennial power supply challenges despite sitting on a huge natural gas reserve of 208.62 trillion cubic feet as of January 2022. OPEOLUWANI AKINTAYO writes on the feasibility of the electricity market […]

Engineers operating in the nation’s power sector have urged the federal government to reduce the level of political interference in the Nigerian Electricity Supply Industry (NESI) to boost the performance of the sector. National president, Nigerian Institute of Power Engineers […]