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Electricity Workers’ Union Threatens Strike Over President’s Sack

Electricity Workers’ Union Threatens Strike Over President’s Sack     Electricity workers under the aegis of Senior Staff Association of Electricity and Allied Companies have threatened to embark on industrial action over what they described as the unlawful sacking of the union’s President, Chris Okonkwo. The union is...

Gas Shortage Stalls 23,081MW, Despite Gencos N200bn Fund

Gas Shortage Stalls 23,081MW, Despite Gencos N200bn Fund   The dearth of gas stalled the generation of 23,081.5 megawatts of electricity in eight days despite the N200bn that was paid by the Federal Government recently to the power sector, particularly for settling gas debts. Investigations showed that...

TCN Eyes 10,000MW Transmission Capacity After Installing 68 Transformers

TCN Eyes 10,000MW Transmission Capacity After Installing 68 Transformers   Nigeria’s power transmission capacity has increased beyond the 8,100 megawatts recorded in December 2018, as the Transmission Company of Nigeria plans to evacuate 10,000MW of electricity. It was also gathered that the Federal Government-owned transmission firm installed...

TCN Vows To Push For Discos’ Recapitalisation

TCN Vows To Push For Discos’ Recapitalisation   Power distribution companies must be recapitalised for Nigeria’s power industry to work and the Transmission Company of Nigeria has vowed to push for the Discos’ recapitalisation this year. Speaking on some of the company’s targets for 2020 in the...

TCN Wants Liquidation Of Disco Over Non-performance

TCN Wants Liquidation Of Disco Over Non-performance   The Transmission Company of Nigeria has requested that the Federal Government should liquidate a power distribution company as a result of the failure of the Disco to abide by stipulated market rules. Speaking in Abuja on Thursday, the Managing...

Power: Discos Offset Fines As FG Reconnects Firms

Power: Discos Offset Fines As FG Reconnects Firms   The Federal Government has reconnected three power distribution companies to the national grid and has lifted the suspension it slammed on the power firms after the Discos paid the stipulated fines attached to the infractions they committed,...