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NERC Reappoints 12-member Power Sector Peace Panel

NERC Reappoints 12-member Power Sector Peace Panel   The Nigerian Electricity Regulatory Commission on Monday approved the reappointment of a 12-member Dispute Resolution Panel for the Nigerian electricity supply industry. According to the commission, the appointment of the members was in line with Section 42.1.3 of the...

In Thirty Days, Power Sector Loses N57bn To Gas, Grid Constraints

In Thirty Days, Power Sector Loses N57bn To Gas, Grid Constraints   Nigeria’s power sector further suffered a major setback in the last one month with the loss of about N57 billion due to problems associated with gas supply and grid infrastructure challenges. The 30-day trend analysis...

Recapitalise Discos Or Risk Complete Power Sector Collapse – TCN

Recapitalise Discos Or Risk Complete Power Sector Collapse – TCN   The Transmission Company of Nigeria has said the nation’s power sector will collapse completely if urgent steps are not taken to capitalise the distribution companies. The government-owned TCN stated this while announcing a drop in the...

Power Sector Lost N65.56bn In March

Power Sector Lost N65.56bn In March     The nation’s power sector lost an estimated N65.56bn in March due to constraints from insufficient gas supply, distribution and transmission infrastructure. Data obtained from the Advisory Power Team in the Office of the Vice President showed that lack of gas...

Power Sector Loses N117.8bn To Gas Shortage

Power Sector Loses N117.8bn To Gas Shortage   Between January 1 and March 6, Nigeria’s power sector lost N117.8bn, investigation has shown. Findings showed that the sector kept losing billions of naira daily, as it lost as much as N2bn daily in some days during the period...

Power Sector Loses N19.15bn In Ten Days

Power Sector Loses N19.15bn In Ten Days   The nation’s power sector lost an estimated N19.15bn in 10 days due to constraints from insufficient gas supply, distribution and transmission infrastructure. The losses were recorded in the 10 days to February 14, 2020, according to data from the...