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Indian energy firm enters Nigeria’s power sector

Feedback Energy Distribution Company (FEDCO), an Indian-based technology firm, says it has launched an indigenous high-tech Information Technology (IT) solutions system in Nigeria.

Mainstream raises Kainji, Jebba capacity to 922MW, decries N72bn energy debt

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.

Power sector records 4.9 percent rise in generation, income shortfall

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.

TCN accuses Abuja DisCo of rejecting electricity

The Transmission Company of Nigeria (TCN) has accused Abuja Electricity Distribution Company (AEDC) of putting its customers in darkness by rejecting about 40 per cent of electricity wheeled to the company.
Marylin Amobi

Coalition seeks federal government’s action against NBET chief

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.

Federal government, power firms disagree on stranded 2,000MW

Electricity distribution companies do not believe that there are about 2,000 megawatts of electricity that are stranded in the Nigerian power sector.
Manufacturers Association of Nigeria (MAN)

MAN: Manufacturers spent N246 billion on fuelling generators in two years

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 Buhari visits the Train the Trainer Course organised by the Election Planning and Monitoring directorate of the APC Presidential Campaign Council in Abuja on 28th Jan 2019-6

President Buhari commissions 9.5mw plant to end power shortage in Ariaria market

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.

Babatunde Fashola: Nigerian electricity sector vulnerable to exchange rates

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.
President Muhammadu Buhari says since 1978 when he was named the minister of petroleum till date, he has not lost interest in the oil sector.

SERAP: President Buhari, Atiku Abubakar, others should scrap security votes, immunity

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.”

Federal government accuses DisCos, TCN of using substandard power equipment

The federal government has accused electricity distribution companies (Discos) and the Transmission Company of Nigeria (TCN) of using substandard equipment to execute power projects.
Nigerian Bulk Electricity Trading Plc

DisCos owe NBET N108 billion in three months

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.
Vice President Yemi Osinbajo and former Governor of Anambra State, Peter Obi, yesterday disagreed on some policies of the Federal Government, including subsidy, anti-corruption war and the economy.

Group slams NEDG, BON over vice-presidential candidates debate

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.

NERC highlights effects of epileptic power on economic growth

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.

Federal government faults FAAN, NTDC, others over non-remittance of operating surplus

The Fiscal Responsibility Commission (FRC) has faulted several government agencies’ reluctance to remit their operating surplus into the Consolidated Revenue Fund (CRF).
Otakikpo Marginal field

Operator: $12 million LPG plant ready 2019

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.

Babatunde Fashola: Federal government not responsible for electricity problems

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.

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Police arrest three suspects over ‘humiliating’ nude woman in viral video in Anambra

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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.

Pius Adesanmi’s demise a great loss to our family – sister

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.
All Progressives Congress (APC) Nigeria

Lagos elections: APC wins Ibeju-Lekki supplementary polls

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.

Senator-elect Ifeanyi Ubah backs Ahmed Lawan for Senate President

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.