Category: Power

Nigeria’s power transmission hits 5,420.30MW first time in 60 years

ADEOLA YUSUF

The electricity transmission in Nigeria, a country of about 200 million people, hit 5,420.30 mega watt (MW), first time in about 60 years of the nation’s existence as a sovereign state. The country’s Transmission firm, Transmission Company of Nigeria (TCN), which declared this on Thursday, August 20, 2020, noted that the new all-time national peak of 5,420.30MW was effectively transmitted through the national grid at a frequency of 50.10Hz at 9:15pm, August 18, 2020. “This is the highest ever recorded in the nation’s power sector to-date, surpassing the previous peak…

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Buhari returns NDPHC to five Directorates, approves another 4-Year terms for MD, EDs

ADEOLA YUSUF

Nigeria’s President Muhammadu Buhari has pulled another string in the country’s power sector as he returned the number of Directorate at the Niger Delta Power Holding Company (NDPHC) to five. The President who on May 29, 2015 met the company, incorporated exactly fifteen years ago (August 2005), with five Directors, scrapped the structure put in place by the Goodluck Jonathan government where all the six geopolitical zones make up the five Executive  Directors and Managing Director. Checks by Platforms Africa showed that the company began operations after being incorporated with…

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Nigeria’s EKEDC appeals N1m damages judgement, says verdict inconsistent with power industry regulations 

ADEOLA YUSUF

Eko Electricity distribution company (EKEDC), Nigeria’s leading power utility firm that connects major parts of Lagos to the grid, has appealed the judgement of an Igbosere High Court, which awarded N1 Million damages against the company in the case filed by one Sunday Babalola. In a statement signed by EKEDC General Manager, Corporate Communications, Godwin Idemudia, the company has appealed the judgement on the premise that it is inconsistent with industry regulation, as the company has the right to demand for outstanding payments before reconnection in accordance with the provisions…

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Eid-el-Kabir: EKEDC deploys staff for 24 hours Service delivery, Promises memorable, enjoyable feasts

ADEOLA YUSUF

  Nigeria’s leading power utility firm, Eko Electricity Distribution Company (EKEDC), has deployed staff for a 24/7 (round the clock) essential services, particularly to attend to the needs of customers in order to ensure a memorable and enjoyable Eid-el-Kabir celebrations. This, the utility firm that connects major parts of Lagos, Nigeria’s commercial capital to the grid said, became necessary at a time when the world is still battling to contain the spread of the coronavirus. In a statement signed by the General Manager, Corporate Communications, Godwin Idemudia, EKEDC assured its…

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Ghana lifts restrictions on Churches, Mosques, extends free power, water supply till December

ADEOLA YUSUF

  72-year old President of Ghana, Nana Akufo-Addo, has returned from a two-week quarantine over COVID-19 scare   Ghana has announced further lifting of restrictions on Churches and Mosques as well as an extension of free water supply to all citizens and free electricity to lifeline customers in the country till end of the year. President Nana Akufo-Addo who just returned from a two-week quarantine over COVID-19 scare made this announcement in an address to the nation on Sunday. He declared that the length of worship at Churches has also…

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Nigeria’s Loss To Power Epilepsy Hits $28bn – World Bank

ADEOLA YUSUF

World Bank demands enhanced accountability in disbursement of its $750 million loans to Nigerian power sector The World Bank has declared that Nigeria has lost $28 billion to power epilepsy rocking the country. The apex bank, which stated this in a document in which it demanded accountability on $750 million loan it approved for Nigeria’s power sector, maintained that what the country lost to inability to fix power problem was equivalent to two per cent of its Gross Domestic Product (GDP). “The economic cost of power shortages in Nigeria is estimated…

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Schneider Electric surges CSR investments by €11,760, rewards loyalty

ADEOLA YUSUF

  Schneider Electric (SE) has, through its Foundation, trusted €11,760.00 with LEAP Africa to combat the economic hardship facing rural and disadvantaged communities Nigeria during the Coronavirus pandemic. The company, which announced this also noted that it decorated a long-standing distributor as a mark of reward for loyalty. The funds will focus on the basic needs, specifically meals for underprivileged children and communities in response to the coronavirus pandemic. The initiative, known as Tomorrow Rising Fund, gave Schneider Electric staff the opportunity to donate to the noble cause to help…

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50,000 Nigeria’s IBEDC customers lament 10-year crazy billing, load shedding

ADEOLA YUSUF

Ogijo, a border town between Lagos – Nigeria’s commercial capital – and Ogun State, craves end to a decade of suffering, frosty relationship with Ibadan Electricity DisCo About 50,000 customers of Ibadan Electricity Distribution Company (IBEDC) in Ogijo, a boundary community between Lagos and Ogun state, have lamented load scheding, crazy billing and, in some cases, total blackout from the utility company. The customers led by President, Ogijo Development Association, a group registered with Corporate Affairs Commission (CAC), Mr. Kalejaiye AM Mayor, and a community leader, Alhaja Abolore Owolewa popularly…

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EKEDC goes tough on saboteurs, prosecutes three for fraud, impersonation

ADEOLA YUSUF

Eko Electricity Distribution Company (EKEDC), one of the leading power utility firms in Nigeria, Africa’s most populous country, has gone tough on saboteurs as it began the prosecution of three persons over offenses bothering on fraud, conspiracy and impersonation. The three persons were arraigned before Magistrate A. A. ADESANYA of the Ojo Magistrate Court on Thursday 9th July 2020 on a four-count charge of conspiracy to commit fraud, impersonation, forgery and tampering with electricity installations within the Ojo District of EKEDC. The three, identified as Magnus Obinali a cleaner within the Ojo District;…

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US firm battles Nigeria over $80m Yacht linked to Diezani, Aluko

ADEOLA YUSUF

  Enron Nigeria Power Holding rejects Nigeria’s power deal suspension, demands $22 million from sale of seized Galactica Star   A former unit of Enron Corporation, the United States energy-trading giant, Enron Nigeria Power Holding Limited, has began a legal battle with Nigerian authorities over suspended power deals. The company has also joined the country and the United States (U.S.) authorities in serious bickering over the proceeds of the sale of a luxury yacht, Galactica. The U.S. authorities seized the Galactica in 2018 after filing a lawsuit to recover assets…

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