OpeOluwani Akintayo The Fourteenth of September 2020 is a very special day for the Organization for the Petroleum Exporting Countries, OPEC. This sees the Organization celebrate its 60th anniversary. In a statement on Monday, the Organization said the 60th anniversary is a time to reflect and appreciate the efforts of all those who have worked soRead More

Rasheed Komolafe   The Ogun State Government has said that it would expand the industrial base of Abeokuta, the State Capital by setting up industrial clusters around the new Lagos-Ibadan Railway Line which passes through the City, while soliciting the support of the Niger Delta Power Holding Company, NDPHC toRead More

OpeOluwani Akintayo Lagos — The Niger Delta Power Holding Company on Friday said an additional 126 megawatts of electricity will be added to the power grid in December. Managing Director, NDPHC, Chiedu Ugbo in an interview said the extra megawatts will be added following the completion of work on the secondRead More

Rivers youths threaten to shutdown Afam power station over supply   Mkpoikana Udoma   Port Harcourt — Youths in Oyigbo Local Government Area of Rivers State, have issued a fresh 72 hours ultimatum to the Port Harcourt Electricity Distribution Company, PHEDC, to restore power to the area or risk totalRead More

Amid lingering public outcry over the recent increase in electricity tariff, the number of the nation’s power plants sitting idle rose to 13 on Sunday.   While many Nigerians were still smarting from the hike in electricity tariff, power generation in the country dropped on Sunday as four more powerRead More

With a focus to progressively improve operations and deliver customer-centric services, Nigeria’s leading Electricity Distribution Company, Ikeja Electric Plc (IE), has unveiled an ultra-modern undertaking office in Ikeja GRA to provide customers with improved access to quality service. The newly unveiled office is an upgraded facility designed to deliver positiveRead More

Eko Electricity Distribution Company Plc says the planned N100bn government support for the power sector will go a long way in bettering the fortunes of DisCos, if released. The power firm, which identified illiquidity as a major challenge facing operators, maintained that there is the need the support funding asRead More

Power distribution companies in the country failed to remit a total of N158.98bn to the Nigerian Bulk Electricity Trading Plc for the invoices given to them for electricity sold to them in the first five months of the year. The government-owned NBET buys electricity in bulk from generation companies throughRead More