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Electricity: In 10 Months, Nigeria Loses N243bn

Electricity: In 10 Months, Nigeria Loses N243bn       Nigeria recorded losses in power generation volume valued N243 billion between January and October this year. This is contained in the October 2020 electricity generation statistics released by the Association of Power Generation Companies (APGC), the umbrella body...

Power Generation Hits All-time High Of 5,459MW – TCN

Power Generation Hits All-time High Of 5,459MW – TCN         The Transmission Company of Nigeria on Thursday announced that the nation’s power industry attained another all-time national peak electricity generation of 5,459.5 megawatts. It said this quantum of electricity was efficiently transmitted through the nations transmission grid...

Nigeria Mulls Supplying Electricity To Chad

Nigeria Mulls Supplying Electricity To Chad       The Federal Government is considering supplying electricity to the Republic of Chad following a recent request by the neighbouring country. The government-owned Transmission Company of Nigeria disclosed on Sunday that a meeting was held last week to discuss the possibilities...

Fed Govt To Spend N204bn On Power Projects, Salaries

Fed Govt To Spend N204bn On Power Projects, Salaries       The Federal Government will spend N204.4 billion on projects and salaries for agencies and the Federal Ministry of Power in 2021. According to the budget proposal of the ministry, out of the N204bn budgeted, N198.3bn was for...

FG To Invest N198.28bn In Power Projects

FG To Invest N198.28bn In Power Projects       The Federal Government is to invest N198.28bn on various capital projects in the power sector in different parts of the country in 2021. Different sectors in the power industry have been mapped out to partake in the N198.28bn fund...

TCN, Discos Hindering 4,000MW Generation Daily – Gencos

TCN, Discos Hindering 4,000MW Generation Daily - Gencos       The quantum of electricity generated in Nigeria is rejected or forced to be reduced by an average of 4,210 megawatts daily due to transmission and distribution constraints, power generation companies said on Monday. In a document obtained in...