Explosion at TCN’s station plunges Port Harcourt into power outage

Online EditorApril 15, 2021

… Businesses count losses in millions Ben Eguzozie, in Port Harcourt A massive explosion at a transformer of Transmission Company of Nigeria’s (TCN) transmission station in Port Harcourt, Rivers State capital has plunged most parts of the Port Harcourt metropolis into severe power outage. Management of TCN said its engineers were working to repair the […]

FG apologizes to Nigerians for poor power supply, says 8 plants broke down

April 15, 2021

United Kingdom energy

Arakunle Kayode   The federal government has apologized to Nigerians for the ongoing power outages and shortages in different parts of the country. The Minister of Power, Sale Mamman, expressed remorse for the unfortunate situation and apologized to all affected Nigerians for the inconveniences caused by the power outages in a series of tweets on […]

New electricity tariffs: NLC threatens action against Discos, OPS says it will usher in recession fast

September 2, 2020

NLC gives govs Dec 31 deadline for new minimum wage implementation

Organised labour and the organised private sector have slammed the upward review of electricity tariffs which started on September 1, 2020. Commenting on the matter, the Manufacturers Association of Nigeria said the tariff increase could trigger another round of recession in the third quarter of the year. Ambrose Oruche, the acting director-general, Manufacturing Association of […]

FG-Siemens power deal to gulp $2.3bn out of $6.15bn energy fund – Minister

August 27, 2020

The federal government is to spend the sum of $2.3 billion on its  power deal with Siemens, a german electrical  firm, for the improvement of electricity in the country. Sale Mamman, minister of power, who stated this said another $1.6bn was for the transmission rehabilitation and expansion Programme. The misterrecently marked his one year anniversary […]

Nigeria records landmark power transmission of 5,420.3MW

August 20, 2020

Gencos allege N1.7tn funding shortfall

The Nigerian power industry recorded a landmark national peak of 5,420.30 megawatts, the first of its kind in the country. According to the Transmission Company of Nigeria, in a statement on Thursday, the 5,420.3MW was effectively transmitted through the national grid at a frequency of 50.10Hz at 9:15 pm on August 18, 2020. “This is […]

Households, firms to pay more for electricity from July – FG

June 16, 2020

Power distributors sue FG over business interference

Effective from July this year, electricity consumers in the country will start paying more for the service.  Sale Mamman, power minister, told the senate on Tuesday the Federal Government told the Senate Tuesday that the infrastructural deficit in the power sector could only be fixed when the electricity companies have enough money to invest in […]

6.46 million on estimated billing face meter price hike

June 10, 2020

6.46 million on estimated billing face meter price hike

A total of 6,456,275 electricity users in Nigeria have not been metered and will have to pay a newly approved increased fee when purchasing meters. Latest figures on the number of metered electricity customers obtained from the Nigerian Electricity Regulatory Commission showed that only 37.77 per cent registered electricity customers had been metered. The 37.77 […]

Power distributors sue FG over business interference

May 29, 2020

Power distributors sue FG over business interference

Electricity distribution companies have dragged the federal government to court to restrain it from further interfering in the corporate business activities of the power firms. According to the firms, the government, through the Nigerian Electricity Regulatory Commission and other agencies, had been interfering in the corporate activities of the Discos, a development, they claimed, had […]

Nigerians will pay higher electricity tariffs, FG promises IMF

May 5, 2020

Nigerians’ll pay higher electricity tariffs, FG promises IMF

Nigerians will pay much higher tariff for power in 2021, going by promises made by the federal government to the International Monetary Fund while seeking the $3.4bn emergency financial assistance recently approved for Nigeria. The executive board of the IMF approved the Rapid Financing Instrument, which the Federal Government plans to use to address the […]