ELECTRICITY NIGERIA

EXPLAINER: Nigeria’s Electricity Act By Odion Omonfoman The Electricity Act, EA 2023 has a number of new provisions worth studying by market participants in the Nigeria Electricity Supply Industry, NESI, including investors across the electricity value chain, the Federal Ministry of Power, State Governments, and even the Nigerian Electricity Regulatory Commission, NERC.   Key provisions

By Godswill Odiong President Bola Tinubu has signed the new Electricity Act into law, which replaces the 2005 Electricity and Power Sector Reform Act. The Electricity Act was first passed in July 2022 in the administration of former President Muhammadu Buhari. The new bill seeks to promote private sector investments in the Nigerian power sector

Shell funded impact investment company, All On, through its Demand Aggregation for Renewable Technologies (DART) program, has announced its commitment of $11 million to support 25 mini-grid projects in Nigeria. This was made known at an inaugural DART workshop with off-grid developers, commercial banks, domestic investors, and other critical stakeholders to discuss strategies to unlock

Metering: We have surpassed Federal Government’s expectation — MMAAN   By Godswill Odiong The Meter Manufacturers and Assemblers Association of Nigeria (MMAAN) disclosed, weekend, that it has surpassed the expectation of the Federal Government on metering. In a statement signed by the Acting President, Engr. Ademola Agoro FNSE and Secretary, Engr Duro Omogbenigun, MMAAM, stated:

By Godswill Odiong The Transmission Company of Nigeria (TCN) has disclosed that nine of its towers, from towers 56 to tower 65 along the Papalanto/Abeokuta 132KV transmission line had collapsed due to the activities of vandals.   A statement by the General Manager, Public Affairs of the company, Mrs Ndidi Mbah, said the towers located

The Rural Electrification Agency (REA) holds a first-of-its-kind investor matchmaking event for the Solar Power Naija Programme to provide the opportunity for potential investors to pitch their financial offerings to developers, clearly stating the selection criteria and key terms. Also, the event provides a networking and matchmaking forum that brings together key investors and high-performing

The Transmission Company of Nigeria (TCN) has completed many projects in its Kaduna Region. The projects are being executed in all the States under the TCN Kaduna Region, which includes Kaduna, Zamfara, and Kebbi States. The Region is in charge of the 330kV line supply power to Niamey in Niger Republic. Within the last three

By Godswill Odiong The Transmission Company of Nigeria (TCN) said it recently took delivery of brand new 300MVA 330/132/33kV power transformer at its Lekki 330/132/33kV Transmission Substation in Lagos     The Company in a statement signed by its Spokesperson, Mrs Ndidi Mbah, recently, said on installation, the 300MVA 330/132/33kV power transformer will add 240MW to

The Transmission Company of Nigeria (TCN) recently received some transmission equipment spare parts at its Port-Harcourt Regional Office, Rivers State. The spares are for the prompt replacement of faulty parts and for maintenance in TCN substations within the region. The parts comprise Circuit Breakers, Isolators, Batteries, Battery Chargers, Relays, Lightning Arresters, etcetera. These provide ready