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UPDATED: National grid begins recovery, initial 90 MW distributed, surges to 830 MW
July 6, 2024DistributionGenerationNewsPowerTransmission

UPDATED: National grid begins recovery, initial 90 MW distributed, surges to 830 MW

Oredola Adeola Following the collapse of Nigeria’s national power grid earlier today, partial recovery efforts have commenced. As of 9:25 PM, 90 MW had been allocated between Ikeja and Ibadan Electricity Distribution Companies (DisCos). Just over an hour later, at…

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National grid collapse again on Saturday afternoon,plunges Nigeria into Darkness
July 6, 2024DistributionGenerationNewsPowerTransmission

National grid collapse again on Saturday afternoon,plunges Nigeria into Darkness

Oredola Adeola Nigeria’s already fragile electricity supply, the national power grid again collapsed on Saturday, July 6, 2024, at around 3 pm, marking the 8th grid collapse in 2024 alone.   This development has again thrown the entire country into…

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Rekhiat Momoh, EKEDC Ag.MD leads anti-theft campaign, cites billions lost to vandalism annually
July 6, 2024DistributionNewsPowerSabotage

Rekhiat Momoh, EKEDC Ag.MD leads anti-theft campaign, cites billions lost to vandalism annually

“Energy theft is a menace that we need to eliminate in our network and the power sector” – EKEDC MD – energy theft includes meter bypass/ tampering, illegal connections, tampering with electrical infrastructure-   Oredola Adeola Mrs. Rekhiat Momoh, Acting…

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Governor Sanwo-Olu demands priority for power infrastructure in Lagos State
July 5, 2024DistributionGenerationImpactPowerTransmission

Governor Sanwo-Olu demands priority for power infrastructure in Lagos State

“Lagos State plays critical role as key economic hub, microcosm of Nigeria” Lagos Governor tells Adelabu   Oredola Adeola   Mr. Babajide Sanwo-Olu, Governor of Lagos State has urged Chief Adebayo Adelabu, the Minister of Power, to prioritize Lagos in…

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NERC increases Band A customers’ tariff from N206.80/kWh to N209.50/kWh
July 3, 2024DistributionNewsPower

NERC increases Band A customers’ tariff from N206.80/kWh to N209.50/kWh

… third adjustment in four months … Ikeja DisCo, IBEDC, Kaduna confirm adjustments Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has approved another electricity tariff adjustment, the third in less than four months, raising the rate for Band A…

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Unmetered electricity customers in Nigeria rise to 7,191,474 (54.61%) in May 2024 
July 2, 2024DistributionNewsPower

Unmetered electricity customers in Nigeria rise to 7,191,474 (54.61%) in May 2024 

Metering performance: Ikeja Electric leads with 76.25%, trailed by Abuja DisCo at 70.02%, Eko DisCo at 56.76% … Yola recorded the lowest with 15.64% metering rate   Oredola Adeola Out of 13,168,677 total registered electricity customers in Nigeria as of…

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Egbin Power launches Innovation centre in Ikorodu to equip future leaders, ignite creativity
July 2, 2024DocumentaryGenerationImpactNewsPower

Egbin Power launches Innovation centre in Ikorodu to equip future leaders, ignite creativity

  Oredola Adeola Egbin Power, Nigeria’s premier power generation company, has inaugurated the ‘Bright Gyimah Centre for Innovation’ in Ikorodu, Lagos State, to provide students with the entrepreneurial, practical, and creative skills essential for success in today’s educational environment. Felix…

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Egbin Power reaffirms commitment to environmental care with comprehensive sustainability, carbon emissions reduction strategy
June 29, 2024Energy TransitionGenerationGreen FinanceImpactNewsPowerRenewables

Egbin Power reaffirms commitment to environmental care with comprehensive sustainability, carbon emissions reduction strategy

  Oredola Adeola Egbin Power Plc, the largest power generating station in Nigeria, has restated its commitment to treating the environment with the utmost care, with a comprehensive approach to sustainability and carbon emissions reduction, ensuring that all activities within…

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NERC recommends integrating renewable energy into national grid to lower electricity tariffs
June 28, 2024DistributionEnergy TransitionNewsPowerRenewablesSolarSustainability

NERC recommends integrating renewable energy into national grid to lower electricity tariffs

Oredola Adeola   The Nigerian Electricity Regulatory Commission (NERC) has recommended the integration of cheaper renewable energy sources into the national grid to diffuse the total energy production cost, consequently leading to a drop in electricity tariff.   Dafe Akpeneye,…

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FG sets to secure $3bn from Standard Chartered Bank for NLNG dividend initiative
June 25, 2024ConcessionEnergy TransitionFinanceMidstreamNewsOil & GasPower

FG sets to secure $3bn from Standard Chartered Bank for NLNG dividend initiative

  “Nigeria still requires substantial investments in the oil and gas sector” – Tinubu informs GCEO of Standard Chartered Bank   Oredola Adeola   The Federal Government has confirmed Standard Chartered Bank’s commitment to providing $3 billion in innovative financing…

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