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Mainstream Energy Solutions Limited (MESL) said it can now generate 922 megawatts (MW) at Kainji, Jebba hydropower plants in Niger State but that 72 billion energy invoices remains unpaid in the Nigerian Electricity Market.
Nigeria’s power sector recorded a 4.9 per cent increase in average generation in February, when compared to its January output, data obtained from the Advisory Power Team in the office of the Vice President, Prof. Yemi Osinbajo, has disclosed.
A coalition of civil society groups has called on the Minister of Power, Works and Housing, Babatunde Fashola, to act on the corruption allegations against the director-general of the Nigerian Bulk Electricity Trading PLC (NBET), Marilyn Amobi, and the alleged victimisation of the whistleblowers at the agency.
Electricity distribution companies do not believe that there are about 2,000 megawatts of electricity that are stranded in the Nigerian power sector.
Against the backdrop of the worsening public power supply, new data have emerged showing that manufacturers in Nigeria spent a total of N246.38bn generating their own electricity between 2016 and 2017.
President Muhammadu Buhari Tuesday commissioned a 9.5 megawatts (MW) capacity off grid gas-fuelled power system built by a private consortium under the Energising Economies Initiative (EEI) of the Rural Electrification Agency (REA) to supply electricity to up to 47,000 shops and small businesses operating at the Ariaria International Market in Aba, Abia State.
Mr Babatunde Fashola, the Minister of Power, Works and Housing, on Thursday lamented the vulnerability of Nigeria’ electricity sector declaring that it is heavily dependent on imported human resources, materials, equipment and services.
Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to major presidential candidates for Nigeria’s February 16 election urging them to “publicly commit to revolutionary and innovative anti-corruption reforms in five key areas, such as security votes, power sector corruption, judicial corruption and removal of immunity for presidents, vice-presidents, state governors and deputy state governors.”
The federal government has accused electricity distribution companies (Discos) and the Transmission Company of Nigeria (TCN) of using substandard equipment to execute power projects.
Despite an increase in their collection efficiency, the remittance by electricity distribution companies to the Nigerian Bulk Electricity Trading Plc for the energy received by them dropped to 27.5 per cent in the third quarter of 2018 from 31.5 per cent in the previous quarter.
A group, the Debate Power Nigeria (DPN), has slammed the Nigeria Election Debate Group (NEDG) and Broadcasting Organisation of Nigeria (BON) organisers of the Vice-Presidential candidates debate, over perceived failure to ask critical questions about the energy sector during the recent Vice-Presidential candidate debate.
GenCos accuse federal government of selling electricity to neighbouring countries on non-commercial terms
Electricity generation companies (Gencos) have accused the Nigerian Government of taking power from them and selling to countries in the West African region under the West African Power Pool (WAPP) on non- commercial but diplomatic terms.
Momoh, stated this recently at the official lunch of Foluseke Abidemi Somolu Foundation at the University of Lagos, while delivering a lecture titled: ‘The Nigerian Power supply Question: Challenges and Solutions’ in Lagos.
The Fiscal Responsibility Commission (FRC) has faulted several government agencies’ reluctance to remit their operating surplus into the Consolidated Revenue Fund (CRF).
Barring the unforeseen, the $12 million Liquefied Petroleum Gas plant (LPG) currently under construction in Ikuru in Rivers State, by Green Energy International Limited (GEIL), operator of Otakikpo Marginal field in OML 11, will become operational by the second quarter of 2019.
The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has asked Nigerians not to blame the federal government for poor electricity supply in their homes.
Kazakhstan has renamed its capital Nur-Sultan, in honour of the country's longtime president who resigned in a surprise move earlier this week.
The Police Command in Anambra has arrested three persons allegedly involved in production and circulation of a viral video where a nude woman was humiliated.
Mrs Iyabo Toluhi (nee Adesanmi), the elder sister of the late Prof. Pius Adesanmi, on Saturday described the death of his brother as a great loss to the family and community.
The Independent National Electoral Commission (INEC) has declared the All Progressives Congress (APC) candidate for Ibeju-Lekki State Constituency I, Mr Fatai Mojeed, winner of the supplementary election in the area.
Anambra South Senator-elect, Mr Ifeanyi Ubah, has pinched tent with a group of elected lawmakers in the incoming 9th Senate led by Sen. Ahmed Lawan.
The governorship candidate of the Social Democratic Party, SDP, in Ebonyi State, Chibueze Agbo, has accepted results of the last governorship election in the state.
Super Eagles captain Mikel Obi is not ready for a return to the national team despite playing regularly for his English Championship side, Super Eagles coach Gernot Rohr has revealed.
A cross section of civil servants in Adamawa on Wednesday commended the National Assembly for passing the new National Minimum Wage Bill.
The Enugu State Government, Thursday, ordered the immediate closure of an illegal dump site located at the Ugwuaji area in the State.
Lobi Stars were knocked out of the CAF Champions League on Saturday despite recording a 2-0 win against Ivorien club ASEC Mimosas at the Nnamdi Azikiwe Stadium.