25 C
Lagos, South Africa and New York
Saturday, July 4, 2020

World Bank: Nigeria, others won’t have access to electricity in 2030

The World Bank, at the weekend, said an estimated eight per cent of global population will not have access to electricity in 2030 under current policies. It stressed that 90 per cent of the population will be in sub-Saharan Africa. In its latest report titled:...

World Bank gives Nigeria 30 years to repay $350m rural electrification fund

The world Bank has given Nigeria 30 years to pay back the rural electrification loan. The fund which is managed by the Rural Electrification Agency (REA) is expected to provide power to 2.5 million people and 70,000 small businesses. Nigeria will have about 30 years...

Nigeria’s power crisis worsens as four plants shut down

Camillus Eboh ABUJA, April 26 - Nigeria’s power generation has been significantly reduced due to a gas pipeline leak that forced the shutdown of four power stations, the nation’s grid operator said on Friday. The closure of the Egbin, Omotosho, Olorunsogo and Paras power stations...

Nigeria’s local meter manufacturing rises by 100%

Local meter manufacturers have increased production ca-pacity by 100 per cent to meet the Federal Government’s May 1 commencement date of the Meter Asset Provider (MAP) scheme. The government had given a-three-year window to close the metering gap of five million unmetered customers across...

Nigeria needs 180,00MW to drive economic growth

ABOUT 180,000 megawatts (Mw) of electricity is needed over the next 10 years to drive real and sustainable economic growth, power sector’s stakeholders said at the weekend. They spoke against the backdrop of the attainment of 4,438Mw of electricity last week, which they said was...

TCN: National Grid Generates, Transmits New 5,375mw Peak

The Transmission Company of Nigeria (TCN) has said that the National Grid successfully transmitted a new generation peak of 5,375MW on February 7. The TCN General Manager, Public Affairs, Mrs Ndidi Mbah, in a statement in Abuja on Monday, said it was the first time...

Nigeria’s Power Generation hits 1,811.3 megawatts In January – TCN

Nigeria recorded an increase of 1,811.3 megawatts (MW) in power generation in January 2019, as the Transmission Company of Nigeria (TCN) transmitted 127,157.7 mw as against 125,346.4mw in December 2018. The daily statistics of TCN operations obtained by the News Agency of Nigeria (NAN) from...

NERC screens 108 potential meter providers

Efforts by the Federal Government to improve metering is yielding results as the companies that applied to be part of the meter asset provider (MAP) policy are going through the process of being certified by the Nigerian Electricity Regulatory Commission (NERC). Power, Works and Housing...

Nigeria’s electricity generation companies liquidity shortfall exceeds N1tr

The Executive Secretary, Association of Power Generation Companies (APGC), Barr Joy Ogaji, yesterday said the current shortfall in liquidity challenges facing the electricity generation companies (GenCos) has exceeded N1trillion. In a telephone interview, she noted that the N701billion Power Assurance Guarantee, which the Federal...

FG Commissions Two Power Substations in Kano

The federal government through the Transmission Company of Nigeria (TCN) has commissioned 1×30/40MVA, 132/33KV power substations in Wudil and Dan Agundi Municipal Local Governments of Kano State. Speaking during the commissioning, the Managing Director of TCN, Usman Gur Mohammed, said the contract was awarded more...
Open chat
Send us your story