JUST IN: Power Generation Bounces to 4,173.20Mw   The Nigerian electricity supply on Wednesday bounced to 4,173.20Mw from a total of 2,931Mw on Tuesday. According to our findings, only 17 power plants were operational as at Tuesday as the National Control Centre, Oshogbo directed some of the...

World Bank To Raise $127bn For Mini-grid Power Funding   The World Bank Group will be raising $127 billion for mini-grip power funding by 2030. The bank said it will be leveraging development partner funding and government investment to “crowd in” private-sector finance for the project. It explained...

Electricity: We Pay FG 40% Of $30m Monthly Invoice — Azura MD   The Managing Director of Azura-Edo Power Plant, Mr. Edu Okeke, has disclosed that 40 percent of the company’s monthly invoice of about $30 million to the Nigerian Bulk Electricity Trading Plc (NBET) goes...

After Privatisation, DisCos’ Capacity Increases By 19%   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...

Nationwide Power Outage As Striking Workers Shutdown National Grid   Striking workers of the Transmission Company of Nigeria, TCN, Wednesday shutdown the electricity national grid causing blackouts across the country. The strike by the workers under the aegis of the National Union of Electricity Employees (NUEE) was...

Blackout As National Grid Collapses Again   The national power grid has collapsed again on Wednesday, The Eko Electricity Distribution Company confirmed that the grid collapse occurred at about 11:27 am. “Dear customers, we regret to inform you of a system collapse on the national grid at...