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 […]
Day: 24 July 2022
Power Firm Begs TCN to Change 44-year-old Cables in Akwa Ibom
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 […]
DISCOs: Labour Issues Strike Notice
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 […]
Nigeria’s 13,000MW’ll Give Only 632 Citizens Healthy Living –Report
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 […]
