POST PRIVATISATION: NIGERIA’S STRANDED POWER RISES 263% TO 3,742MW
Contrary to expectations, there are indications that Nigeria’s electricity sector has recorded huge set back since the private sector take-over...
Power Sector News
DISCOS INSTALL ONLY 525,000 METERS IN 2 YEARS
The 11 electricity Distribution Companies (DisCos) have installed only 525,120 meters in the last two years, just as about six million power consumer...
ELECTRICITY CONSUMERS PAID N362BN IN NINE MONTHS, SAY DISCOS
Electricity consumers paid N362bn out of the N520bn billed them by the distribution companies in the country from January to September last year, a n...
BAYELSA COMMUNITY THREATENS SHOWDOWN WITH NDPHC
The aggrieved people of Gbarain Kingdom in the Yenagoa Local Government Area of Bayelsa State have threatened a showdown with the Niger Delta Power H...
WE DIDN’T SACK ANY WORKER UNLAWFULLY, SAYS PHED
The Port Harcourt Electricity Distribution Company has denied sacking scores of its workers without paying their entitlements. It said it only embar...
ELECTRICITY TARIFF HIKE: ANGER, RESENTMENT GREET LATEST PLAN
Stakeholders in different sectors of the economy have expressed disgust and resentment at the latest plan of electricity tariff hike. Many sectoral l...
CONSTRAINED POWER
What Nigeria lost a cumulative 44,068 megawatts last year is enough proof that the country is far from its goal of regular power supply. If this is s...
FG, DISCOS MISS METER INSTALLATION TARGET
The pact between the federal government and the power Distribution Companies (Discos) to supply and install one million meters between last October a...
DISCO BLAMES VANDALS AS RIVERS BLACKOUT, OTHERS PERSIST
The Port Harcourt Electricity Distribution Company said five power towers were damaged by suspected vandals at the Elelenwo transmission substation i...
GLOBELEQ ACQUIRES PRIVATE POWER GENERATION COMPANY IN NIGERIA
Globeleq, a leading independent power generation company in Africa, has confirmed it will take a 74% majority equity stake in an existing Nigeri...