Minister of Power, Adebayo Adelabu says Nigeria’s electricity generation has increased to 4,800 megawatts in the past few days from 4200MW. He disclosed this on Thursday when he was in Ajah, Lagos State, to launch a 63MVA, 132/33kV mobile substation installed under Phase 1 of the Presidential Power Initiative by the FGN Power Company in collaboration with Siemens Energy. He warned saboteurs of Nigeria’s power sector to stake off for lasting development to be seen in the industry. “Let me mention that we have started seeing improvements in our generation…
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Meet Targets Or Face Penalties, Govt Reads Riot Act To DisCos, GenCos
Power operators, including generating firms or GENCOs, the TCN and DISCOs have signed contracts with the government outlining specific amounts of electricity they will be offering customers The Nigerian government has said that electricity companies that fail to deliver assigned volumes will face penalties under newly agreed contracts. The step will be taken as part of measures to boost power supply in the country, and explains the government’s recent assurance that supply will improve from July, power minister Abubakar Aliyu said Wednesday. READ ALSO: I Am Angry With State…
Read MoreB’Haram: Over 10-Year Power Outage In Borno To End In 6 Weeks -Minister
The Minister of Power, Engr. Abubakar Aliyu has stated that power supply will soon be restored to Maiduguri, Borno State, Northeast Nigeria. Platforms Africa reports that the state has, for over 10 years, been rocked by outage buoyed by attacks on power installations by Boho Haram terrorists. READ ALSO: I Am Angry With State of Nigeria’s Power Sector – Buhari Nigeria President Buhari Fires Power Minister, Mamman, over ‘inefficiency’ Multi-million dollars NNPC Maiduguri Power Project’s construction begins You’ll Enjoy Improved Power Supply From July 1, NERC Assures Nigerians Aliyu…
Read MoreElectricity Tariff Review Looms, NERC Insists Action Statutory Every 6 Months
GenCos, NBET Bickering Degenerates, generation firms lampoon bulk traders The Nigerian Electricity Regulatory Commission (NERC) will conduct a minor tariff review every six months to reflect the economic situation, especially the disparity between naira and other major currencies, specifically the dollar. NERC Chairman, Sanusi Garba, who disclosed this on Thursday said that the commission was not implementing tariff review in secrecy. Speaking at a media briefing in Abuja, Garba said: “We will adjust the rate every six months to take care of the foreign exchange component of costs, and…
Read MoreB’Haram: Nigeria Suffers N1.7bn Power Assets Vandalism in 9 mths —Minister
Nigeria has suffered the loss of N1.7 billion revenues from January to September, 2021, due to power loss buoyed by power infrastructure vandalism by the Boko Haram sect in Maiduguri, Northeast Nigeria. Platforms Africa reports that the country’s Minister of Power, Abubakar Aliyu, who declared this at a Town Hall Meeting in Maiduguri, organised to address vandalism of power and telecommunications infrastructure, maintained that the loss was suffered through the Transmission Company of Nigeria (TCN). The event organised by the Ministry of Information and Culture, was attended by Borno Governor,…
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