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FEC Okays N47.2bn To Boost Electricity Supply

FEC Okays N47.2bn To Boost Electricity Supply     The Federal Executive Council on Wednesday approved N47.2bn to boost power supply in the country. It will supply additional 40 megawatts of power to the national grid, according to the Minister of Power, Mr Sale Mamman. He told State House...

Proposed Two-month Free Electricity Supply To Gulp N109.8bn

Proposed Two-month Free Electricity Supply To Gulp N109.8bn     The federal government would incur an average cost of N109.83 billion to supply free electricity to Nigerians as proposed by the National Assembly and supported by the electricity distribution companies (Discos),investigation has revealed. The Speaker of House of...

Six Transmission Towers Vandalised In Delta, Threatens Electricity Supply

Six Transmission Towers Vandalised In Delta, Threatens Electricity Supply Electricity supply in Delta State has been threatened following the vandalisation of six transmission towers belonging to the Transmission Company of Nigeria. In a statement issued in Abuja on Tuesday, General Manager, Public Affairs at TCN, Ndidi...

As Electricity Supply Improves, Manufacturers Spend N43bn On Alternative Energy Source

As Electricity Supply Improves, Manufacturers Spend N43bn On Alternative Energy Source With electricity supply, particularly from the distribution companies remaining at an average of nine hours a day in the first half (H1) of 2018, local manufacturers’ expenditure on alternative energy source stood at N43.19...

Power Sector Loses N2bn Daily, More turbines Pack Up

The power sector has been losing an average of N2bn daily since the resurgence of pipeline bombings by militants in the Niger Delta, latest electricity supply statistics have shown. This is coming as the number of functional gas-fired power generating turbines across the country has...