Category: Power

EXCLUSIVE: Nigeria loses 70,156MW electricity to gas flaring in 31 days

ADEOLA YUSUF

  A total of 17.174 bcf of gas burnt by Oil Producers in January can, based on available generation, power the entire nation for 20 days + JVs, PSCs and NPDC’s contributions to gas flaring in January   The volume of gas burnt by oil producers in Nigeria in 31 days of January could generate 70,156 Mega Watt (MW) of electricity, Platforms Africa reports authoritatively. Nigeria, Africa’s most populous nation with approximately 200 million people, is presently suffering from acute shortage in electricity supply blamed mostly by electricity generators on…

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Nigerians cough up N542.73bn electricity bills to DisCos in one year

ADEOLA YUSUF

  Nigerians paid a whooping N542.73 billion electricity bills in the year 2020. The 11 Electricity Distribution Companies (DisCos) across the country, collectors of the revenues, on the other hand, recorded a shortfall of N273.42 billion in the year. They, findings by Platforms Africa showed, received a total of N542.73 billion out of N816. 15 billion they billed their consumers. This is an increase of N42.46 billion from the total of N230.96 billion shortfall recorded in 2019. Checks also revealed that the amount the DisCos generated from their consumers in…

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Ghana opens up on “impending nationwide power cuts”

ADEOLA YUSUF

  State power transmitter, Ghana Grid Company Limited (GRIDCo), has said that its recent engagements with the media about ongoing projects in the power sector “appear to have heightened perceptions of impending nationwide power cuts”. GRIDCo added that it is putting measures in place to ensure that the duration of its planned intermittent power outages meant to pave the way for some technical works are minimized. Ahead of the press conference, GRIDCo had said in a press statement that it wished to assure the general public that it “has no…

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Boko Haram bombs Powerline towers, plunges Maiduguri into fresh darkness

ADEOLA YUSUF

  Details have emerged on how Boko Haram, again, plunged the hitherto commercial capital of Northeast Nigeria, Maiduguri and environs into fresh darkness barely four days after electricity supply was restored to the region. The Transmission Company of Nigeria, which gave the details in a statement to Platforms Africa, said that the insurgents have again vandalised two towers on the Damaturu-Maidugiri 330kiloVolt Transmission Line. The procurement and installation of the transmission line have earlier gulped several millions of Naira. TCN’s General Manager, Public Affairs, Ndidi Mbah, said this in the…

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Why Ikeja Electric Bagged Latest ISO Certifications – Soetan

ADEOLA YUSUF

  More details have emerged on reason the Ikeja Electric, Nigeria’s Electricity Distribution Company, bagged three latest International Organization for Standardization (ISO) certifications ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018. The International Organization for Standardization (ISO) is world’s largest independent, non-governmental organizations that develops of voluntary international standard and facilitates world trade by providing common standards among nations. Speaking on the achievements, Chief Executive Officer (CEO) of Ikeja Electric, Folake Soetan, said, according to a statement, the company reaffirmed its commitment to high standards, in line with global best practices.…

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EKEDC craves end to Estimated Billing, deepens neighbouhood Mass Metering

ADEOLA YUSUF

  Leading power utility firm in Nigeria, the Eko Electricity Distribution Company (EKEDC), has advised its unmetered customers to apply for prepaid meters and get metered immediately in the on-going National Mass Metering Programme (NMMP), an initiative of the Federal Government in collaboration with Electricity Distribution Companies to bridge the metering gap in the country. In a statement signed by the General Manager, Corporate Communications, Godwin Idemudia, the Company encouraged all its Customers to endeavor to complete their meter application form online, submit so as to benefit from the ongoing…

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Customer stabs Ikeja Electric Staff on duty, faces prosecution

ADEOLA YUSUF

  Popoola Olakunle, a staff of Ikeja Electric was stabbed on his head, in the course of duty, at Oladeroun area, New Oko-Oba in Fagba area, Lagos, The culprit, Saheed Olanrewaju aka Usama, a resident of 12, Abiodun Street, Iju-Ishaga in Fagba was subsequently apprehended on Tuesday, 16th March, 2021, with the assistance of the Traditional Ruler’s team and handed over to the Oko-Oko police station for immediate prosecution. So far, plans have been concluded by the Police to arraign the suspect before Ogba Magistrate Court tomorrow Friday, 19th March,…

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IBEDC ups service delivery, pacifies Customers against Exit threats

ADEOLA YUSUF

  . Firm Introduces Bill on demand for customers   Ibadan Electricity Distribution Company (IBEDC) has deployed all strategies, including meeting with Transmission Company of Nigeria (TCN) and other stakeholders on improved service delivery to customers. The company said this in a reaction to threats by customers at MFM/Magboro area of Ofun stateover load shedding and low supply, maintaining that it is putting available resources to the fore to get them better services. Stating that IBEDC receives 13 Mega watt (MW) supply from TCN for the whole axis, Regional Communication…

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23.18m Nigerians Jobless, Unemployment Rate Hits 33.3%

ADEOLA YUSUF

  23.18 million Nigerians are jobless as the unemployment rate rose from 27.1 per cent in the second quarter of 2020 to 33.3 per cent in the fourth quarter of 2020. The latest figures from the National Bureau of Statistics, whiich revealed this, added that underemployment rate decreased from 28.6 per cent to 22.8 per cent. The NBS report on ‘Labour force Statistics: Unemployment and underemployment report- Abridged labour force survey under COVID-19 (Q4, 2020) was released on Monday. The 33 per cent, the report showed, translates to 23.19 million…

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Schneider Electric to deepen support for NDES Female Start-ups’ finalists

ADEOLA YUSUF

  The six winning female Start-up Founders at the just-concluded Nigeria Digital Economy Summit (NDES) Accelerator Programme held in collaboration with Foresight Seeds Fund, a part of The Foresight Group, will receive some sponsorship and continued mentorship from Schneider Electric, Foresight Seeds Fund and other partners for the next twelve months to enable them evolve into successful businesses. Sub-Saharan Africa’s General Manager for Schneider Electric Process Automation, Mr Ajibola Akindele, announced this at the finals of the selection process which was held virtually on the 8th of March 2021 to…

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