Abuja Electricity Distribution Company (AEDC) Plc, has rescinded its earlier decision to take legal action on Officials of Economic and Financial Crimes Commission (EFCC) over their recent assault on its staff. The Management of the AEDC made the redecision in a statement issued on Wednesday in Abuja. It said, both sides...
Abuja Electricity Distribution Company (AEDC) said, it would explore all legal measures to ensure redress for the recent assault on its staff by officials of Economic and Financial Crimes Commission(EFCC). AEDC Management in a statement said, the ugly incident occurred at its Corporate Headquarters on the 6th of June, 2022. It...
The Management of Abuja Electricity Distribution Company (AEDC) has said it has zero tolerance for vandalism, therefore, vowed to punish anyone caught vandalizing its assets. AEDC spoke in respect of the vandals caught and convicted in Kogi and Niger States recently. In a report dated 19 May 2022, a staff of...
The Federal Government is intensifying efforts to deliver two units of 330 kV power transmission substations in Katsina and Kano states along with the transmission lines to raise power supply in the states. The Managing Director of the Transmission Company of Nigeria (TCN), Engr. Dr. Sule Abdulaziz, disclosed this while...
The Transmission Company of Nigeria  (TCN) energized the Odukpani – Ikot Ekpene 330kV Double Circuit Transmission lines after completing the re-erection of the vandalized tower 104 and lines repair. Consequently, TCN has commenced the evacuation of over 400MW stranded power generation from Odukpani Power plant to Port Harcourt Electricity Distribution...
The Transmission Company of Nigeria (TCN) said, it has completed the reconstruction works on the vandalized transmission Tower Number 104 on Odukpani - Ikot Ekpene 330kV double-circuit transmission line in Akwa Ibom State. The Executive Director, Transmission Service Provider (TSP) at TCN, Engr. Victor Adewumi was quoted to have stated...
The International Monetary Fund (IMF) has urged Central Banks to raise interest rates so as to subsue the rising inflation across the world. IMF’s Monetary and Capital Markets Department Director, Tobias Adrian told a press briefing on the latest Global Financial Stability Report on Tuesday. Adrian said, "inflation is the single...
The Rural Electrification Agency (REA), said, it was working with the Private Power Developers to electrify over 300 economic clusters in Nigeria. REA said, a roundtable meeting was held with Energizing Economies Initiative (EEI) Private Power Developers at the Corporate Headquarters recently in that regard. The agency said, currently, over 12,000...
Hon. Minister of State for Power, Goddy Jeddy Agba has disclosed that over 300 key and highly skill professionals would be engaged upon completion of Zungeru Hydropower project. Agba made this statement while witnessing the Non Load Test on Unit 1 of the 700MW Zungeru Hydropower project in Niger State...
The Federal Government and the Nigerian Electricity Regulatory Commission (NERC) have pledged to work with the relevant industry stakeholders for the quicker resolution of the current power challenges in the country. Minister of Power, Engr. Abubakar Aliyu and Chairman, NERC, Mr. Sanusi Garba made the commitment after a stakeholders meeting,...