Month: August 2022

Emmanuel Addeh in Abuja The Nigeria Consumer Protection Network (NCPN) yesterday argued that the proposed sale of the five National Integrated Power Projects (NIPP) assets by the Bureau of Public Enterprises (BPE), poses a national security risk. President of the […]

Power Generation Companies (Gencos) in Nigeria have attributed the inability to achieve the 5000 megawatts (MW) minimum power generation and delivery to Nigerians from July 1, 2022 to the refusal of gas producers to sign new Gas Supply Agreements (GSAs). […]

The capacity of the 11 electricity distribution companies, otherwise known as the DisCos, to absorb more power generated by generating companies, GenCos, grew by a mere 18 per cent since the sector was privatised nearly nine years ago. A breakdown […]

Two ministries of the Federal Government are in partnership with the private sector to add 3,595 megawatts of electricity to the country’s power grid, it was learnt on Sunday. Documents obtained from the Federal Ministry of Water Resources showed that […]

ABUJA – The Nigerian Power Sector has received a major boost with its recent partnership agreement with the Turkish Energy Firm EXIST – (Energy Exchange Instabul). This is contained in a statement signed by Henrietta Ighomrore, the Head of corporate Communications, […]

Despite the challenges confronting the Nigerian Electricity Supply Industry (NESI) since its unbundling in 2013, the sector is acclaimed to have recorded some measure of achievements and progress. To this end, the organizers of the Nigeria Power Sector Awards 2022 […]

Power generation companies have blamed low power generation for the inability of the utility firms, also known as the DisCos, to pay up the N2trn debt owed them. This was revealed by the Executive Secretary, Association of Power Generation Companies, […]

Stakeholders in the nation’s power sector have averred that the timely takeover of five electricity distribution companies (DisCos), as well as the various financial interventions by the Central Bank of Nigeria (CBN) have helped to avert the collapse of many […]

The Nigeria Power Sector Awards organisers have called for nominations to the 2022 edition of the awards meant to recognise organisations and individuals that have contributed positively to the growth of the power sector. The maiden awards in the Nigerian […]

Electricity distribution companies (DisCos) under the aegis of Association of Nigerian Electricity Distributors (ANED) has kicked against the recent “restructuring” of the five DisCos despite the federal government’s failure to release the promised N100 billion subsidy. Recall that the Bureau […]