January 24, 2025DistributionEnergy TransitionFinanceGenerationNewsPowerSabotageSecurityTechnologyTransmission

N8bn in 2025 budget for anti-vandalism campaign on radio, TV, newspapers, billboards, others – Power Minister says

… funds to strengthen community advocacy, technology, CSR projects in host communities Oredola Adeola Chief Adebayo Adelabu, Minister of Power, has clarified the N8 billion allocation in the 2025 budget appropriation for the Ministry of Power, was specifically dedicated to funding…

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January 23, 2025DistributionImpactNewsPowerSustainability

UPDATED: MOJEC deploys over 300,000 prepaid meters across Nigeria in 2024 

… installs 240,000 meters for DisCos … boasts of 5 million annual production capacity Oredola Adeola MOJEC International Limited, through its subsidiary; MOJEC Meter Asset Management Company (M3AC), with an annual installed capacity of up to 5 million meters, 300,000…

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January 20, 2025DistributionGenerationNewsPowerTransmission

Over 20 transmission towers vandalized between January 10-17, 2025

…TCN decries worsening security situation as vandals, black market buyers escalate sabotage …130 transmission towers destroyed by vandals, bandits between Jan.13-Dec 18, 2024 -Advisors Reports’ check Oredola Adeola Nigeria’s power sector is grappling with a significant challenge as over 20…

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January 17, 2025DistributionNewsPowerTransmission

Outage hits Presidential Villa, Maitama, Wuse, 6 others as vandals steal 40 meters of of 1x500mm XLPE conductor

… 8 Abuja DisCo feeders affected, causing over 60% power disruption- TCN confirms Oredola Adeola A power outage has disrupted parts of the Presidential Villa, Maitama, Wuse, Jabi, Lifecamp, Asokoro, Utako, and Mabushi, following a vandalized 132kV transmission line and…

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January 16, 2025DistributionDownstreamGenerationImpactMidstreamNewsOil & GasUpstream

PENGASSAN attributes power sector woes, persistent grid collapses to incompetent leadership

…Osifo attributes high petrol prices to FX rate … says petrol price may drop to under N600/L, if Naira strengthens to below N1,000 per $ . Oredola Adeola The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has…

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January 15, 2025DistributionEnergy TransitionGenerationImpactNewsPowerTransmission

FG sets to construct 5 new substations as Siemens Power project enters second phase

“TCN requires N2.779 trillion to complete 149 power projects nationwide,” says Adelabu … reveals “Power generation rises from 4,100MW to 5,270MW in one year”   Oredola Adeola Nigeria’s Minister of Power, Chief Adebayo Adelabu, has revealed that the Siemens power…

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January 9, 2025DistributionEnergy TransitionGasGenerationNewsPower

Ihovbor power plant increases available capacity to 230MW after prolonged downtime since 2013

…restoration efforts boost capacity from 73MW in 2024 to 230MW in 2025, with phase 1 completed …available capacity opened for bilateral deals to boost supply to commercial, industrial clusters in Edo, environs   Oredola Adeola After extended operational downtime, the…

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January 8, 2025DistributionNewsPower

Monitoring framework in 2025: NERC sets 75% complaint resolution target for DisCos 

… up from average 26.77% achieved by DisCos in 2024 … NERC’s updated enforcement framework to take effect from Q1 2025   Oredola Adeola With an estimated average resolution rate of 26.77% achieved in 2024, the Nigerian Electricity Regulatory Commission…

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January 7, 2025DistributionNewsPowerSabotage

Ikeja Electric intensifies legal actions against vandalism, commits to improved service delivery in 2025

… as two alleged energy thieves in Ikorodu were charged to court   Oredola Adeola In a bid to enhance efficient service delivery in 2025, Ikeja Electric has intensified legal actions against the surge in vandalism of its installations across…

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December 24, 2024DistributionEnergy TransitionGenerationNewsPowerSustainabilityTransmission

Lagos State govt. constitutes 5-member electricity regulatory commission board

… appoints Engr. Odubiyi, former NERC Commissioner, as Chair   Oredola Adeola   The Lagos State Government has approved a five-member board for the Lagos State Electricity Regulatory Commission (LASERC), chaired by Abimbola Odubiyi, to oversee and regulate electricity market…

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