ELECTRICITY NIGERIA

ELECTRICITY: DisCos collected N260.16bn revenue in Q3’23 — report

ELECTRICITY: DisCos collected N260.16bn revenue in Q3’23 — report   By Eyo Nsima The revenue collected by Electricity Distribution Companies, GenCos, dropped quarter-on-quarter, QoQ by 1.10 per cent to N260.16 billion in the third quarter of 2023, from N263.08 billion in the second quarter of 2023. However, on a year-on-year, YoY basis, the revenue generated […]

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Inconsistent policy threatens $155m smart meters project

Meter Manufacturers task FG on foreign exchange fluctuations in power sector

By Eyo Nsima The Association of Meter Manufacturers of Nigeria, AMMON, representing the interests of electricity meter manufacturers, has urged President Bola Tinubu-led administration to tackle the challenges posed by fluctuations of foreign exchange in the metering sector. This is even as the association appreciates the recent establishment of the Presidential Committee on Mass Metering,

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AEDC, Others Partner to Deliver Uninterrupted Power Solution in Abuja

Abuja Electricity Distribution Plc (AEDC), on Thursday, 18th January, 2023, consolidated its lead in the provision of integrated power solutions with the signing of a tripartite agreement with Daybreak Power Solutions Limited (Daybreak Power) and The Wood Factory Limited (Wood Factory), to pioneer the delivery of its first grid-connected and solar hybrid power solution for

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Electricity tariff: Tough, but needed to transform Nigeria’s power sector -- Umeh

$6bn Mambila Project: Court remands ex-minister Agunloye in Kuje prison

By Eyo Nsima The Federal High Court in Abuja has directed the remand of the former Minister of Power and Steel, Olu Agunloye, in Kuje prison. The Economic and Financial Crimes Commission arraigned Agunloye over allegations of fraud in the $6 billion Mambilla Power Project. However, after pleaded not guilty to the charges, the judge

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Bomb blast destroy three towers, one NSCDC official killed in the incident

The Transmission Compnay of Nigeria TCN hereby confirms the destruction of three of its towers along Maiduguri – Damaturu Transmission Line with explosives yesterday 28th December, 2023. In addition to the destruction of the three towers, the very sad incident also cost the life of an NSCDC officer. It’s truly another very sad day for

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TCN receives 7 new power transformers in Akangba Substation, Lagos

Seven new power transformers with capacities ranging from 60MVA to 100MVA and their accessories were recently delivered to Akangba 330/132kV Transmission Substation. The transformers are part of the ongoing TCN/World Bank power projects and would be distributed to Alausa 132/33kV Transmission Substation, Akoka 132/33kV Transmission Substation, Maryland 132/33kV Transmission Substation, Itire 132/33kV Transmission Substation and

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Egbin Power demonstrates commitment to sustainability, holds medical outreach in host communities

Egbin Power demonstrates commitment to sustainability, holds medical outreach in host communities

Egbin Power demonstrates commitment to sustainability, holds medical outreach in host communities   Providing access to routine medical check-up reduces vulnerability to life-threatening diseases, thereby promoting good health among community members, Egbin Power Plc has affirmed. The GenCo demonstrated this at its 2023 medical outreach programme organized in conjunction with Cecy Health Consult Ltd to

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Inconsistent policy threatens $155m smart meters project

Inconsistent policy threatens $155m smart meters project

Inconsistent policy threatens $155m smart meters project   By Eyo Nsima Inconsistent government policies and other factors have threatened the execution of the $155 million Phase 2 of Nigeria’s National Mass Metering Programme, NMMP. The project is funded by the World Bank to provide 1,250,000 smart meters for distribution to 11 electricity distribution companies, DisCos

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UPDATE: Nigeria’s electricity generation returns to 4,144.5MW after system collapse

REA eyes more energy project investment, engages NERC on better regulation for mini-grids

…Agency to increase licensing threshold for mini-grids from 1MW to 5MW -Ahmad,CEO The Rural Electrification Agency (REA) is eyeing more investment in Nigeria’s energy by increasing the licensing threshold for mini-grids from 1MW to 5MW as part of its engagements with the Nigerian Electricity Regulatory Commission (NERC). The REA Managing Director and Chief Executive Officer

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UPDATE: Nigeria’s electricity generation returns to 4,144.5MW after system collapse

UPDATE: Nigeria’s electricity generation returns to 4,144.5MW after system collapse

UPDATE: Nigeria’s electricity generation returns to 4,144.5MW after system collapse   By Eyo Nsima   Nigeria’s electricity generation has risen back to 4,144.5 megawatts, MW, after several system collapses in the past few days. After one of the system collapses, the Transmission Company of Nigeria, TCN, disclosed in a statement obtained by The Daily, www.thedaily-ng.com, that “grid

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