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 […]

DisCos, TCN mismatch causing low electricity suppy- NERC

Bukola OdufadeFebruary 20, 2019

The Nigerian Electricity Commission (NERC) has revealed there is a divergence between generated capacity and transmitted and distributed capacity. NERC blamed both the Nigerian electricity distribution companies (DisCos) and Transmission Company of Nigeria (TCN) as being the weak links in the Nigerian electricity supply chain, saying they are to be blamed for the electricity crisis […]

Eskom gets $4.9bn bailout in South Africa’s budget

February 20, 2019

Eskom Holding SOC Ltd., the distressed utility that supplies 95 percent of South Africa’s power, will receive the biggest bailout in the nation’s history after the government stepped in to prevent its collapse. Eskom will get a 69 billion rand ($4.9 billion) cash injection over the next three years to help service its debt and […]

Experts say mini-grids, powered by renewable, can move Nigerians from poverty

Bukola OdufadeSeptember 24, 2018

Technologies

The conversation around mini-grids powered by renewable energy has been unceasing in Nigeria as the industry stakeholders continue to express optimism about the scalability of this alternative energy system, and as a result, this relentless push for mini grids is gaining traction as the sector continues to grow and expand. In Nigeria, energy access and […]