The Transmission Company of Nigeria (TCN) on Tuesday announced national power grid collapse with the promise of speedy restoration. The spokesperson of the company said the incident occurred at 11:13am, and that restoration of the grid was over 90 percent already. TCN did not immediately state the reasons for the system...
​The Transmission Company of Nigeria (TCN) has said the ongoing lockdown may affect revenue generation for the power sector during the lockdown period. The Managing Director of TCN, Mr Usman Gur Mohammed who disclosed this in an interview yesterday also dismissed claims that the federal government was providing free electricity...
The removal of the Managing Director of the Transmission Company of Nigeria (TCN), Mr Usman Gur Mohammed, may reverse key power sector reforms and jeopardize the $1.661 billion multilateral agencies' funded projects TCN is executing to expand bulk power transmission to 20,000 megawatts (MW) in few years.   A statement issued...
The House of Representatives is to consider a fresh Stimulus Bill that will ensure that Nigerians get free electricity supply for two months to mitigate the effects of the COVID-19 pandemic, Speaker Rep. Femi Gbajabiamila has said. The Speaker said the proposed Bill is to help in boosting the economy...
The Federal Government today approved the sum of N200 billion for improved gas supply to the power Generation Companies (GenCos), so as to boost electricity supply to Nigerians during the Coronavirus pandemic lockdown. Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari disclosed this after...
The Minister of Power, Engr Sale Mamman, has inaugurated a nine-man committee which he said will restructure the Ministry of Power and its agencies to achieving the ministry’s goals, objectives, and overall mandate. Speaking during the inauguration of the nine–man Committee on Restructuring the Ministry of Power and Oversight of...
Recently, Vosus Energy Limited, a solar start-up firm in Nigeria unveiled the Volsus Solar for Health (VSFH) mini-grid programme in Abuja. The firm is also targeting the installation of 5,000 units of such mini-grids across health centres to improve healthcare delivery services in Nigeria, after it flagged off the first...
The 11 electricity Distribution Companies (DisCos) are expected to lose N366 billion revenue as the three months of suspending a new tariff hike ends in June 2020.   The Nigerian Electricity Regulatory Commission (NERC) was to approve the tariff hike on April 1, 2020 but suspended it till June 30 due...
The new Managing Director of the Transmission Company of Nigeria (TCN), Engr. Sule Abdulaziz, and his four management team, have received their appointment letters. A statement by the General Manager, Public Affairs at TCN, Ndidi Mbah confirmed this on Monday. The statement said the letters were received on June 8,...
The Nigeria Bulk Electricity Trading Plc (NBET) owes eight Generation Companies (GenCos) built by the three tiers of government, over N190 billion in debt for energy generated and supplied to consumers on the national grid. There are 10 National integrated Power Projects (NIPP) GenCos developed by the Niger Delta Power...