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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.
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.
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”.
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.
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”.
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.
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.
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.
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.
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.
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.
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.
Over 30,000 companies in Kaduna State do not pay their taxes, with the few that do paying less than their dues, says the Chairman, Kaduna State Internal Revenue Services (KADIRS), Zaid Abubakar.
Abraham says Liverpool defender Virgil van Dijk remained his toughest opponent, he failed to score against Liverpool when he faced the European best player during the Reds visit to Stamford Bridge in the 2-1 win against Chelsea.
The National Union of Ogoni Students International USA, Ogoni Lives Matter INTL USA and Movement For The Survival of Ogoni People (MOSOP) USA, have warned Governor Nyesom Wike of Rivers State over his alleged plan to acquire 45% shares of OML 11 from Shell Oil Plc.
President Muhammadu Buhari on Tuesday proposed a capital expenditure of N46 billion for the Ministry of Health in the 2020 appropriation bill he submitted to the National Assembly.
The Nigeria Football Federation (NFF) has finally opened up on the recent resignation of Super Falcons coach Thomas Dennerby.