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Power Supply Worsens Despite N5trn Investments, Says Report

Power Supply Worsens Despite N5trn Investments, Says Report   The power situation in Nigeria has continued to worsen over the years despite the substantial investments in the sector by past and present administrations in the country, a new report has said. NOIPolls Limited said in its ‘Power...

Power: No Respite For Electricity Consumers As Metering Plan Suffers Delay

Power: No Respite For Electricity Consumers As Metering Plan Suffers Delay One year after the introduction of the Meter Asset Provider initiative by the Nigerian Electricity Regulatory Commission, consumers are still awaiting a massive roll-out of meters, The Meter Asset Provider Regulation was unveiled in March...

As Discos Reject Load, Power Generation Drops Below 4000MW

As Discos Reject Load, Power Generation Drops Below 4000MW   Total electricity generation in the country has remained below 4,000 megawatts in recent months as low load demand by distribution companies tops the list of factors causing idle capacity in power stations. Data obtained from the Ministry...

Gas Shortage Contributed 74% Of Power Limitations – NERC

Gas Shortage Contributed 74% Of Power Limitations - NERC   The Nigerian Electricity Regulatory Commission (NERC) has disclosed that a larger part of the constraints experienced in the country’s electricity sector in the first quarter (Q1) of 2018, was contributed by shortage of gas to power...

We’ll Increase Power Supply To MSMEs To Cut Down Cost – Osinbajo

We'll Increase Power Supply To MSMEs To Cut Down Cost - Osinbajo   The federal government will within the next one year provide stable electricity power to 80,000 shops, 320,000 micro, small and medium scale enterprises (MSMEs) in 16 economic clusters across the country to help...

How FG’s N700bn Raised Power Generation In 18 Months – NBET

How FG’s N700bn Raised Power Generation In 18 Months – NBET The introduction of the N701.9 billion Payment Assurance Facility (PAF) to raise Generation Companies’ (GenCos) monthly revenue by 80 per cent has raised generation capacity to 7,009 megawatts (MW) in the past 18 months,...