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Power

By naec
In Power
Dec 9th, 2017
0 Comments
1 Views
The Nigerian Electricity Regulatory Commission (NERC), has reviewed penalties for electricity customers involved in unauthorised access to electricity supply by tampering and meter bypass by electricity. The review according to the Commission was undertaken following several complaints it received co...
By naec
In Power
Dec 6th, 2017
0 Comments
6 Views
The House of Representatives announced on Tuesday that it will investigate the delay in the execution of $300 million Nigeria Electricity and Gas Improvement Project (NEGIP) by the Transmission Company of Nigeria (TCN). In a resolution which followed a motion on matters-of-urgent-public-importance by...
By naec
In Power
Nov 30th, 2017
0 Comments
5 Views
The Federal Government  is adopting ‘’home-grown’’ strategy, to seek  $5.2billion loan from the World Bank, the Minister of Power, Works and Housing, Mr Babatubde Fashola, has said. He said the loan will be used to improve  electricity generation, distribution and transmission in the country, when fi...
By naec
In Power
Nov 30th, 2017
0 Comments
4 Views
The Association of Nigerian Electricity Distributors (ANED) has responded to the controvertial notice of force majeure to the Bureau of Public Enterprise (BPE) by the electricity distribution companies (Discos) on recent issuance of the Eligible Customer regulation by the Nigerian Electricity Regulat...
By naec
In Power
Nov 27th, 2017
0 Comments
7 Views
The Federal Government has signed Power Purchase Agreement (PPA) with Mabon Nigeria Limited, which is currently executing 40 megawatts hydro-power project. The government, represented by the Managing Director of the Nigeria Bulk Electricity Trading Plc (NBET), Dr. Marilyn Amobi, said the agreement wo...
By naec
In Power
Nov 22nd, 2017
0 Comments
13 Views
The Managing Director of Niger Delta Power Holding Company of Nigeria (NDPHC), Mr Chiedu Ugbo, in this interview with journalists in Lagos, highlighted the achievements and challenges confronting the company. Olatunde Dodondawa brings exerpts: What are the challenges confronting the company regarding...
By naec
In Power
Nov 22nd, 2017
0 Comments
11 Views
THE Abuja Electricity Distribution Company (AEDC), has declared that it is an error and breach of customer’s right to continue charges when customers are disconnected from the company. Head of Corporate Communications of the company, Oyebode Fadipe, made the declaration on Wednesday in Keffi, when me...
By naec
In Power
Nov 20th, 2017
0 Comments
17 Views
THE Transmission Company of Nigeria (TCN) at the weekend, lamented the incessant attacks on transmission infrastructure despite efforts made to increase transmission capacity. This is coming on the heels of a recent vandalised ion at Tower 53, Itu-Adiabo 132kV transmission line located in a valley in...
By naec
In Power
Nov 16th, 2017
0 Comments
22 Views
The Federal Government has given reason for the N701 billion loan given to the power sector. The Minister of Power, Works and Housing, Babatunde Fashola, SAN, said the loan was given to save the sector from collapse  under heavy debts. The aim was to assist Bulk Electricity Trading Plc (NBET) to meet...
By naec
In Power
Nov 13th, 2017
0 Comments
18 Views
The Federal Government announced, Monday, that it has recovered over $64.63 million electricity debts owed it by international customers in Benin Republic and Niger Republic. Fashola, electric meter Minister of Works, Power and Housing, Mr. Babatunde Raji Fashola, who, disclosed this at the 21st mont...