‘S’East LGAs Pay N28bn Annually On Estimated Power Bills’ A civil society organisation (CSO) – the Association for Public Policy Analysis – has alleged that about 95 local government areas in the five south eastern states of Anambra; Enugu; Ebonyi; Abia; and Imo expend up...

FG Obtains $1.5bn Fund For Power Transmission The Transmission Company of Nigeria (TCN) said it has obtained $1.55 billion from multilateral agencies to revive some critical projects and expand the transmission grid. Interim Managing Director of TCN, Mr. Usman Gur Mohammed, disclosed this at the 18th...

Power Grid Collapse Persists, Drops Twice In Two Months Nigeria’s electricity grid is still witnessing system collapse as it recorded total failure twice in the last two months. Figures obtained by our correspondent from the Federal Ministry of Power, Works and Housing in Abuja on Thursday...

70% Of Power Revenue Losses Come From Unmetered Consumers The highest amount of revenue losses in Nigeria’s power sector come from areas that have high concentration of unmetered electricity consumers. It was also gathered that about 70 per cent of revenue losses recorded by power distribution...

Nigeria Loses 3,036MW As Six Power Plants Remain Shut   Nigeria loses 3,036 megawatts of electricity as six gas-fired power generation plants have not been able to generate electricity to the national grid as a result of operational challenges and gas supply constraints, a daily operational...

Debt: Power Distribution Firms Owe NBET N859bn   The indebtedness of power distribution companies to the Nigerian Bulk Electricity Trading Company has risen to N859bn. As a result, the NBET has accumulated a total debt of N325.784bn, which is meant for the payment of power produced by...