Senate Investigates N1.8trn Spent On Power Sector Intervention   The Senate Committee on Power said on Thursday that it had concluded plans to execute a three-day investigative hearing on the operations of the power sector since privatisation in 2013. Specifically, the panel said it had the mandate...

Privatisation Has Exposed Power Sector Weakness, Says Gencos     Electricity generation companies in the country have said the privatisation of the power sector has exposed the inherent structural weakness in the sector. The Gencos said they had continued to perform in line with industry agreements despite the...

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   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   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     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...