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NERC: Eko Disco records highest remittance efficiency in Q1

The Nigerian Electricity Regulation Commission (NERC) on says Eko Electricity Distribution Company (EKEDC) recorded the highest remittance efficiency of 43 per cent in the first quarter of 2019.

TCN to split, eyes $5 million digital power transmission control rooms

The Managing Director, Transmission Company of Nigeria (TCN), Mr Usman Gur Mohammed has announced process to split the company and will spend $5 million to digitise its substations’ control rooms nationwide.

Federal government orders disconnection of three Discos from national grid

The Federal Government has ordered the disconnection of three electricity distribution companies (DisCos) from the national grid over “non-compliance with the conditions of market rules”.

Ikeja Disco moves to avoid TCN’s suspension from electricity market

The management of Ikeja Electricity Distribution PLC (IKEDC) on Friday said it has begun moves to get the Transmission Company of Nigeria (TCN) to rescind its order to suspend it from participation in the electricity market and disconnect some of its facilities from the national grid.

Federal government moves to cut off Enugu Disco, two others from national grid

The federal government has ordered the disconnection of three electricity distribution companies from the national grid over “non-compliance with the conditions of market rules”.
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.

GenCos threaten to shut down power plants

Joy Ogaji, executive secretary of the Association of Power Generation Companies (APGC), says the power firms might shut down plants over the inability of the Transmission Company of Nigeria (TCN) to transmit available volume of electricity generated into the national grid.

Recent Stories

NIMMME: How Nigeria can generate $292 billion with Iron Ore, lead reserves

The Nigerian Institution of Metallurgical Mining and Materials Engineers (NIMMME) has said with available reserves of Iron Ore and lead, asides other resources, the nation can generate $292 billion.
Nigeria can become a stronger and more prosperous nation if states have more powers, according to Vice President Yemi Osinbajo, SAN.

VP Osinbajo: Federal government cooperating with ICC on Northeast insurgency

The Federal Government is cooperating with the International Criminal Court on the preliminary examination into issues related to insurgency in the North-East, Vice President Yemi Osinbajo said on Monday.
Godwin Obaseki

Governor Obaseki fires all political appointees in local councils

Governor Godwin Obaseki of Edo State has sacked all local government political appointees – Special Advisers, Senior Special Assistants, Secretary to Local Government and Supervisory Councillors – in the state.
The minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed this on Tuesday during her maiden meeting with top officials of the two merged ministries at the headquarters of Budget and National Planning in Abuja.

We will not reach 80% revenue performance for 2019 – minister

Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning, says the nation will not be able to reach 80 per cent revenue performance for 2019.
US President Donald Trump speaks at the Values Voter Summit at the Omni Shoreham Hotel on October 12, 2019 in Washington, DC. (Photo by Eric BARADAT - AFP)

Donald Trump orders US troops to leave northern Syria

The Pentagon has begun removing all its troops in northern Syria, a US official said on Monday, after President Donald Trump ordered them to leave in the face of Turkey’s attacks on Kurds in the area.