TCN: Nigeria's Power Supply Improves to 92,490.1MWh The Transmission Company of Nigeria (TCN) report says Nigeria’s electricity supply on Monday increased by 7% to 92,490.1MWh, compared to Sunday's value of 86,450.66MWh. Energy generated also increased by 7% to 93.703.1MWh, from 87,600.87MWh recorded in the previous day. Nigeria's...

FEC Okays N6.2bn For Six Electricity Projects       The Federal Executive Council yesterday approved contracts worth $8.29m as well as N3bn for the execution of various electricity projects across the nation. The Minister of Power, Saleh Mamman, said the projects, most of which are procurement of equipment...

CBN N120bn Fund: Consumers Want Meters, Improved Power Supply       Power consumers and power sector experts have tasked the 11 power Distribution Companies (DisCos) on accelerating meter installations for the over eight million customers while improving power supply by enhancing their networks. This is coming on the...

Power Sector Loses N59.33bn In Three Months     Between January 1 and March 6, 2021 Nigeria’s power sector lost N59.33bn but posted its highest ever peak generation of 5,802 megawatts during the period. Documents obtained from the Federal Ministry of Power on the sector’s performance for the...

11 DisCos Failed To Remit N160.1bn In Q2, 2020       The Nigerian Electricity Regulatory Commission (NERC) said the 11 electricity Distribution Companies (DisCos) failed to remit N160.1 billion in Second Quarters (Q2 2020) to the Market Operator (MO) of the Transmission Company of Nigeria (TCN). In the...

Ten Power Plants Idle On Discos’ Rejection, Gas Shortage         Ten of the nation’s 29 power plants sat idle on Monday on the back of low load demand by the distribution companies and gas constraints. Total power generation in the country fell to 4,112.10 megawatts as of...