44,068MW Stranded As Power Sector Loses N645.15bn         The cumulative revenue lost by the power sector in 2020 was N645.15bn, while the total quantum of electricity constrained during the period was 44,068 megawatts, investigation has shown. Constrained power is the quantum of electricity that could not be...

Tariff Implementation: Nigeria’s Power Sector Faces Bleak Future — GENCOs       Power Generating Companies, GENCOs, has said that the constraints bewildering Nigeria’s power sector are so vast that they may end up forcing it to comatose. The GENCOs reaction is coming against the backdrop of the recent...

New Tariff Will Attract Power Sector Investments – NERC       The Nigerian Electricity Regulatory Commission on Tuesday said the recently reviewed service reflective tariff would attract more investments to the power sector. Chairman of the commission, Prof. James Momoh, who said this in Abuja during a working...

Osinbajo Seeks Private Investments In Power Sector         Vice President Yemi Osinbajo on Thursday said the Federal Government welcomed new investments in the power sector especially ones that will connect directly with the end consumers on a willing buyer-willing seller basis. Prof. Osinbajo said this while answering...

NEMSA Gets Certification To Enforce Power Sector Safety       The Nigerian Electricity Management Service Agency on Wednesday obtained a certification from the Standard Organisation of Nigeria that further empowers NEMSA to enforce safety standards and recommendations in the power sector. The Managing Director, NEMSA, Peter Ewesor, who...

Ten Power Plants Suffer Gas Shortage, 1,753MW Idle       The lingering challenge of gas supply in the nation’s power sector left 1,753.4 megawatts generation capacity at 10 power plants idle on Monday. The nation’s total unutilised electricity generation capacity stood at 2,131.9MW as of 6am on Monday,...