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NEMSA Gets Certification To Enforce Power Sector Safety

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

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,...

Western Firms Planning $5bn Investment In Power Sector

Western Firms Planning $5bn Investment In Power Sector       A consortium of Western investors has presented their plan to invest over $5bn in Nigeria’s power sector, the Federal Government has said. According to information obtained from the Office of the Minister of Power in Abuja on Sunday,...

Electricity: Schneider Moves To Cut Nigeria’s Power Sector Loss

Electricity: Schneider Moves To Cut Nigeria’s Power Sector Loss     In a bid to mitigate power sector losses as a result of system downtime limiting the availability of electricity in Nigeria, Schneider Electric, has launched a range of solutions that adapted to the Nigerian environment. Power...

FG Okays N2.373trn For Power Sector Reform

FG Okays N2.373trn For Power Sector Reform       The Federal Government has set aside the $6.15 billion (about N2.373 trillion) secured from the World Bank, the African Development Bank (AfDB), Siemens and others for the reformation of the power sector. The Minister of Power, Sale Mamman, who...

Power Sector Loses N468.4bn As Hitches Stall 33,122MW

Power Sector Loses N468.4bn As Hitches Stall 33,122MW       Gas, transmission, distribution and other constraints made Nigeria’s power sector to lose about N468.4bn between January and August 21 this year, latest documents on the industry’s performance have shown. Also, the constraints in the sector stalled the production...