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Nigeria Mulls Supplying Electricity To Chad

Nigeria Mulls Supplying Electricity To Chad       The Federal Government is considering supplying electricity to the Republic of Chad following a recent request by the neighbouring country. The government-owned Transmission Company of Nigeria disclosed on Sunday that a meeting was held last week to discuss the possibilities...

TCN, Discos Hindering 4,000MW Generation Daily – Gencos

TCN, Discos Hindering 4,000MW Generation Daily - Gencos       The quantum of electricity generated in Nigeria is rejected or forced to be reduced by an average of 4,210 megawatts daily due to transmission and distribution constraints, power generation companies said on Monday. In a document obtained in...

Electricity Tariff Subsidy Gulped N540bn, Must Stop — NERC

Electricity Tariff Subsidy Gulped N540bn, Must Stop — NERC       The Nigerian Electricity Regulatory Commission has said the Federal Government spent N540bn subsidising electricity in 2019, stressing the need to put an end to subsidy. According to the commission, the amount spent on electricity subsidy should be...

Collapsed Infrastructure: Electricity Sector Losses N365bn In 6 Months

Collapsed Infrastructure: Electricity Sector Losses N365bn In 6 Months     Insufficient gas supply, distribution and transmission infrastructure have continued to plague the power sector, forcing it to record losses amounting to N365 billion in the first half of 2020, H1’20. The losses, which also occurred mainly because...

Discos To Pay For Rejecting Electricity – NERC

Discos To Pay For Rejecting Electricity – NERC       The Nigerian Electricity Regulatory Commission has said the power distribution companies will be liable to capacity charge for failure to take their entire load allocation caused by constraints in their networks. NERC disclosed this in a document seen...

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...