President Muhammadu Buhari says his administration is decentralising the nation’s national grid through renewable mini-grids to address the challenges of electricity supply across the country. The president, who revealed this in an interview he granted Bloomberg News, said the Federal Government had earmarked 550 million dollars to provide 20,000...
Electricity Supply
By EZEKIEL OBI, Abuja – The Federal Government on Saturday said the current drop in electricity generation is as a result of the partial shutdown of Oben Gas Plant in Edo State. The Minister of Power, Abubakar Aliyu disclosed this in a statement in Abuja by his Special Adviser,...
The Nigerian Electricity Regulatory Commission has confirmed the removal of electricity subsidies by the Federal Government. Addressing a news conference in Abuja, the Chairman of the Commission, Mr Sanusi Garba, said the review was conducted in line with multi-year tariff order that mandates that electricity tariff be reviewed every...
By BENJAMIN ORISEMEKE, Abuja – The Power Generation Companies (GENCOS), Wednesday, disclosed that they cannot meet their gas obligations owing to the Nigeria Bulk Electricity Trading Plc. (NBET’s) indebtedness. To this end, they declared that the situation was responsible for the shutdown of gas supply to the thermal, which...
The Federal Government has said that the national grid, which collapsed a few days ago, has now been recovered.The Federal Government has said that the national grid, which collapsed a few days ago, has now been recovered. Minister of Power, Abubakar Aliyu, disclosed this on Wednesday during a briefing...
By BENJAMIN ORISEMEKE, Abuja – The Power Generation Companies (GENCOS), Sunday, alleged that the Nigerian Bulk Electricity Trading (NBET) owed them over N1.644 trillion. According to the GenCos, the debt is the amount for stranded or unutilized power from 2015 till date. The companies in response to the statement...
By BENJAMIN ORISEMEKE, Abuja – The Transmission Company of Nigeria (TCN) has attributed the recent low cumulative power generation nationwide to several factors which include poor gas supply, fault in generating units of generating companies as well as scheduled and unscheduled maintenance. These are some of the major challenges...
A legal practitioner, Musa Abdullahi, has dragged the Abuja Electricity Distribution Company (AEDC), demanding a N200 million compensation over allegations bordering on epileptic power supply. Abdullahi, who filed the suit marked: NSHC/SD/27/2022, also prayed the court to give an order, in the alternative, directing a six-month bill-free period for...