Nigeria’s President Muhammadu Buhari today commissioned the 10MW power plant built by Eni Companies in Nigeria and its partners, in Yenagoa, Bayelsa State. The plant would power the headquarters building of Nigerian Content Development and Monitoring Board (NCDMB), and other major government and industrial facilities in the State. The power project,...
The Nigerian Electricity Liability Management Company (NELMCO) has announced that it saved about N92 billion from clearing PHCN liabilities existing before the 2013 power privatization. The Managing Director of NELMCO, Mr Nathaniel Adebayo Fagbemi, announced this on Thursday. “We are here today to hear from BPSR the outcome of that...
The national electricity grid has recorded a new 5,377 megawatts (MW) peak power generation. The Transmission Company of Nigeria (TCN) announced this on its social media platform on Monday, saying the enhanced record occurred at 9.30pm on Saturday. This is about 18 months since a highest peak has been recorded. The...
The presidency has said the federal Government was not liable to any $1.2 billion to operators of the 461 megawatts (MW) Azura-Edo Independent Power Plant (IPP) The Special Adviser to the President on Infrastructure, Engr Ahmed Rufa’i Zakari, in a statement said, “Nowhere in any of the documents signed from...
Despite the Nigerian Electricity Management Services Agency (NEMSA) banning the 11 Distribution Companies (DisCos) from connecting power users’ facilities to 33 kilovolts (KV) lines, the Nigerian Electricity Regulatory Commission (NERC), has asked DisCos to shun the ban. Officials of the Federal Ministry of Power said the Minister of Power, Engr....
The Senate on Wednesday called for the review of the Power Sector Reform Act 2005 while urging the Ministries, Departments and Agencies (MDAs) to clear their electricity supply debts. The spokesman (Press) to the senate president, Ezrel Tabiowo, said according to the upper chamber, a new and more dynamic Electricity...
The Senate Committee on Power has inspected some assets belonging to the defunct PHCN in Abuja as the Nigerian Electricity Liability Management Company (NELMCO) plans to sell them and offset PHCN liabilities incurred before the 2013 power sector privatization. Speaking during the inspection tour to NELMCO property being used by...
​The Nigerian Electricity Regulatory Commission (NERC) has initiated processes to split the Transmission Company of Nigeria (TCN) into two firms, five years after such an attempt was made but botched. In a consultation paper titled, NERC/CP/2020/01, NERC called on stakeholders to turn in comments within one month (August 5, 2020),...
The Minister of Power, Engr. Sale Mamman, has directed all contractors handling power projects across the country to return to sites as the lockdown by the federal government is being relaxed gradually. A statement by the minister’s spokesman, Aaron Artimas, said the minister gave the directive during an inspection visit...
The Transmission Company of Nigeria (TCN) said it has rescheduled ongoing upgrade of the dual construction of the 132 kilovolts (KV) power transmission line in Sagamu town of Ogun State of the continuous rainfall. The General Manager, Public Affairs at TCN, Ndidi Mbah, disclosed this in Lagos. TCN had earlier...