… as work on Phase 2 (6MW) begins Governor Makinde decries year-long delay in securing NERC clearance for Oyo IPP Oredola Adeola The Oyo State Government has commissioned the first phase of its 11 MW Independent Power Project (IPP), a…
“Completion of substations crucial to FG’s 10,000 MW grid capacity target by 2025,” says Abdulazeez Michelle Savage The Transmission Company of Nigeria (TCN) has strengthened Lagos and parts of Ogun State’s electricity supply infrastructure with the commissioning of new power…
…erects 20 new towers after 3 coordinated attacks on Ahoada-Yenagoa 132kV line in 2024 … to set up community task force in Bayelsa, Rivers states to enhance security of power equipment Oredola Adeola The Transmission Company of Nigeria (TCN) has…
Oredola Adeola Lagos State Governor Babajide Sanwo-Olu has signed the Lagos Electricity Bill 2024 into law, marking a significant step toward achieving 24-hour electricity supply across the state by enabling autonomous generation, transmission, and distribution of power under the…
… metering rate stagnates at 50% post-privatisation, despite CAPMI, NMMP, MAP interventions … NERC identifies PMI, DISREP, MAF as key interventions to bridge metering gap Oredola Adeola Between November 2013 and November 2024, approximately 3.03 million prepaid electricity meters were…
“We are implementing ‘super grid’ solutions to end frequent collapse, ensure stability”- Adelabu “Cost-reflective tariffs, market discipline key to power sector reforms… electricity subsidy regime poorly structured” – says Olowoniyi, CTA Oredola Adeola The Transmission Company of Nigeria (TCN) has…
Increased remittance of DisCo to TCN, GenCos: Revenue collection soars by 81.8% in one year, hits ₦160bn in July 2024 – Dr. Ali, NERC Commissioner Oredola Adeola The Federal Government’s annual electricity subsidy has risen significantly to ₦2.4 trillion…
… partners with SIPETO to ramp up crackdown on offenders Oredola Adeola The Ibadan Electricity Distribution Company (IBEDC) Plc has reported over 8,000 cases of energy theft, including meter bypass and illegal tampering, between January and October 2024, resulting in…
… sees steady improvement in financial, business performance following restoration of power supply to 85% on November 14 …appeals for prompt payment of outstanding bills Oredola Adeola Kano Electricity Distribution Company (KEDCO) has expressed regret over its poorest market performance…
... as Ikeja Electric leads, records 96.75% in collection efficiency … Kano DisCo underperforms with 20.83% recovery efficiency, collects ₦3.07bn out of ₦14.95bn billed Oredola Adeola In September 2024, Nigeria’s electricity distribution companies (DisCos) reported a revenue shortfall of…
