Youths from Kogi State, on Tuesday, declared that they had decided not to fold their arms and allow those they described as desperate politicians continue to drag the name of an otherwise great state in the mud. The youths, from the three senatorial districts of the state, under the aegis of Kogi Independent Youths Association, particularly cautioned the Economic and Financial Crimes Commission to be wary of politicians who they said meant no good for Kogi State but were out to use the Commission to achieve selfish objectives detrimental to…
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Nigeria Hikes Gas Price, Electricity Tariff Increase Imminent
The Federal Government, on Monday, announced that the new price of natural gas for power generation companies is now $2.42 per metric million British thermal unit, higher than the previous rate of $2.18mmbtu. Nigeria generates over 70 per cent of its electricity from thermal power plants that are fired by gas. Therefore, the rise in the cost of the commodity may lead to a hike in the tariff payable by power consumers once the Nigerian Electricity Regulatory Commission carries out another tariff review. The Nigerian Midstream and Downstream Petroleum Regulatory…
Read MoreFourth Time In Three Months; National Grid Collapses Again
The national electricity transmission network, otherwise known as the grid has collapsed again, throwing the entire country into a Blackout. Platforms Africa reports that the national electricity grid managed centrally from Osogbo, Osun State, collapsed around 4:30 pm on Thursday, plunging millions of homes and businesses into darkness. This marks the fourth collapse of the grid in the first three months of the year. Reports from distribution companies (DisCos) across the country’s 36 states indicate widespread blackouts as their feeders became inactive due to the grid failure. With the grid’s…
Read MoreEKEDC Appoints Rekhiat Momoh As MD, Tinuade Sanda Back To WPG Ltd
. What NERC got to do with the shakeup + Full statement the utility firm issued on development The management of Eko Electricity Distribution Company (EKEDC) has appointed Mrs Rekhiat Momoh as acting Managing Director. Platforms Africa reports that the erstwhile MD/CEO Dr.Tinuade Sanda is back to WPG Ltd, the core investor who seconded her to Eko Disco. Findings by this leading media group showed that the shakeup was due to an order by the Nigerian Electricity Regulatory Commission (NERC). According to a letter signed by signed by Dere Otubu,…
Read MorePrepare, 6100 MW Load Uptake Coming, Power Minister To DisCos, Nigerians
. Standard for Others; Adelabu picks EKEDC as a model for other DisCos Minister of Power, Adebayo Adelabu, has directed electricity distribution companies (DisCos) to prepare for the distribution of 6100MW in the next six months. This, Adelabu said this when he led a delegation of head of power sector agencies, and Adedayo Olowoniyi, Chief Technical Officer, Chiedu Ugbo, MD, NDPHC, and others, to the Corporate Headquarters of the Eko Electricity Distribution Company in Lagos on Friday, March 22, 2024, becames necessary after the Transmission Company of…
Read More63% Connected: EKEDC Exerts Leadership In Metering, Targets 100% By 2028
. Don’t buy transformers, cables, without formal agreements with DisCos, NERC warns customers . How our 5-year plan will totally eliminate estimated billing in our network – Sanda The Eko Electricity Distribution Company (EKEDC)has exerted its Leadership in meetering as it launched a 5-year plan to connect additional 120,000 customers annually from 2024 to 2028. Platforms Africa reports that Nanaging Director of EKEDC, Dr. Tinuade Sanda, who stated this plan at the Day-1 of the Nigerian Electricity Regulatory Commission (NERC) 3-day town hall for customers in Lagos, maintained that…
Read MoreMinister Opens Up As N40bn Metering Contract Polarises Power Industry
He has soiled his hand, De Haryor Global Services Limited not a registered Meter Manufacturing/Assemblers Company,’ group lists eight alleged sins of Adelabu, insists minister should be replaced, deployed The minister of power, Adebayo Adelabu, has opened up on the N40 billion metering contract alleged racket rocking the industry, saying due diligence was followed in awarding the contract. This came as a power stakeholders group, PowerUp Nigeria, declared that De Haryor Global Services Limited, which got N12.7 billion worth of the contract, “is not a registered Meter Manufacturing/Assemblers Company,…
Read MoreEKEDC Boosts Power Supply With Nigeria’s First-Of-Its-Kind 2×20 MVA Substations
▪️What Sanwo-Olu, Gbajabiamilla, Otubu, Sanda said at the substations’ commissioning in Surulere The Lagos State Governor, Mr Babajide Sanwo-Olu, has commissioned two 20 MVA injection substations under the Eko Electricity Distribution Company (EkEDC) franchise at Randle Mechanic Village, Surulere, Lagos The projects, facilitated through a partnership between the Chief of Staff to the President, Femi Gbajabiamila, and the EKEDC, were fillip for the utility firm to boost power supply to the customers in the Surulere area of the state. Speaking at the event, Lagos State Governor, Sanwo-Olu…
Read MorePower Minister Demands Capital Punishment For Vandals
What DisCos must emulate in Ikeja Electric score card, Word-for-word of what Adelabu said during an official visit to IE The minister of power, Adebayo Adelabu, has bemoaned the rising cases of vandalism of power assets across the country, demanding capital punishment for vandals. Platforms Africa reports that Adelabu, who said this in Lagos during an official visit to Ikeja Electric, labelled vandals of power assets as killers of people and saboteurs of businesses growth. READ ALSO: Revoke Licenses Of Non-Performing DisCos, Power Minister Orders NERC 4 Reasons Ogun,…
Read MoreEKEDC Deepens Customers’ Confidence With Hightened Service Deliverables
What MD/CEO, Dr. Tinuade Sanda said at the FESTAC customers’ engagement, first town hall meeting in 2024 The Eko Electricity Distribution Company (EKEDC) on Thursday deepened the confidence of its customers as it heightened its service delivery goals. Platforms Africa reports that the utility company held a maiden district town hall meeting for customers around the FESTAC town in Lagos, where the power consumers lodged complaints as well as showed appreciation for the company’s quick response rate to calls on technical faults. Managing Director/Chief Executive Officer of EKEDC, Dr.…
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