State-owned Ibom Power’s 150mw waste away on poor evacuation infrastructure

Ibom Power plant, a wholly Akwa Ibom State owned electricity generating firm located in the state’s oil-bearing Ikot Abasi, has seen recent impressive generating capacity, churning out 150 megawatts of electricity into the national power grid. But this sadly appears to be a wasted effort, it has emerged. It was discovered that less than half […]

Africa needs $250 billion to scale up its electricity-Momoh

Africa requires about $250 billion worth of public private partnership investment to address the power deficit situation on the continent, James Momoh, the Executive Chairman, Nigerian Electricity Regulatory Commission (NERC) has said. He said in order to reach the United Nations’ (UN) target of Universal Access by 2030, the continent will need to add around […]

KEDCO to intensify debt recovery in 2019

 Kaduna Electricity Distribution Company will be more aggressive in its drive to recover all outstanding electricity bills next year in order to bridge its revenue deficit, in an attempt to make enough revenue to meet its obligations. According to a statement by Abdulazeez Abdullahi, the company’s head, Corporate Communications, the company is hoping to at […]

19 firms to bid for Afam, Yola power company, says FG

Afam

The Federal Government says 19 firms have indicated interest to acquire Afam Power Company and Yola Distribution Company earlier put up for sale. Mrs Amina Tukur, the Head, Public Communications of the Bureau of Public Enterprises (BPE) made this known in a statement on Thursday in Abuja. She noted that two power companies and seven […]

EKEDC opens complaint resolution centres in its branches

EKEDC

Eko Electricity Distribution Company (EKEDC) has established first contact resolution centers at its district offices, in a bid to serve its customers better. According to a statement issued by the company, starting from last Saturday September 1, 2018, all complaints would now be directed to and resolved at the customers’ respective district offices. “Only complaints […]

N2.8trn market beckons in Nigeria’s fledgling mini grid electricity

Mini-grids

With a revenue potential of N2.8 trillion ($8 billion) annually, Nigeria has barely begun to scratch the surface of mini grids development. However, this doesn’t mean that the country is not making some efforts in scaling up its electricity access through mini grids, but it is still lagging behind. Nigeria, according data from the World […]