POWER FIRMS LOSE N366BN TO TARIFF HIKE POSTPONEMENT
The postponement of the electricity tariff hike shift from April to June is estimated to have cost the 11 Distribution Companies (DisCos) about N366 ...
Power Sector News
BPE URGES INVESTIGATION OF DISCOS
The Bureau of Public Enterprises (BPE) has called for the audit of the 11 distribution companies (DisCos) in relation to their performance seven year...
POWER SCANDAL
For a country that needs all the power she can generate, particularly at this time when the raging coronavirus pandemic has compounded her economic w...
PORT HARCOURT DISCO DENIES PLAN TO SACK 120 WORKERS
The News Agency of Nigeria reports that the Senior Staff Association of Electricity and Allied Companies (SSAEAC) had alleged that PHED was planning ...
HOW OIL COMPANIES EVADE OVER N258B GAS FLARE PENALTY YEARLY
There are indications that oil companies operating in the country may be evading gas flare penalty, and this development has led the country to losin...
2ND TERM: NIGERIA TO WITNESS GREATEST AGRIC REVOLUTION, POWER GENERATION ― LAI MOHAMMED
As President Muhammadu Buhari begins the second year of his last tenure, Nigerians are to witness unprecedented boost in agriculture, power generatio...
LAGOS OIL FIRM TO ESTABLISH FIVE GAS STATIONS
Ibile Oil and Gas Corporation will launch five Liquefied Petroleum Gas stations by the fourth quarter of this year, the Lagos State Commissioner for ...
BPE NOT OPPOSED TO POWER COMPANIES’ AUDIT ― D-G
The Bureau of Public Enterprises is not opposed to the planned forensic audit of the power companies in Nigeria by the Federal Government. The Direc...
POWER OUTAGE: EXPECT 11,000 MW OF ELECTRICITY BY 2023 —LAI MOHAMMED
Electricity supply is expected to rise to 11,000 megawatts by 2023 under an agreement with the German firm Siemens, Information and Culture Minister ...
REA SENSITIZES STAKEHOLDERS ON PROPER IMPLEMENTATION OF AFDB FINANCED PROJECTS
The Rural Electrification Agency (REA) in collaboration with the Power Africa Nigeria Power Support Program and the African Development Bank (AfDB) a...