Oredola Adeola The Federal Competition and Consumer Protection Commission (FCCPC) has thrown its support behind the Nigerian Electricity Regulatory Commission (NERC) for imposing a N10.5 billion fine on eleven Electricity Distribution Companies (DisCos) for failing to comply with…
Oredola Adeola The Electricity Act (Amendment), 2024, mandating 5 percent of the actual annual operating expenditures of electricity generation companies (GENCOs) from the preceding year be allocated for the development of their respective host communities, was signed into law…
Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has placed a heavy sanction on all eleven electricity Distribution Companies (DisCos) with a total fine of N10.5 billion for failing to comply with the monthly capping of estimated bills, to…
Oredola Adeola The Nigerian government has taken a strategic step to address a critical gas supply shortage threatening the operation of electricity generation companies (GenCos) with the proposal before the National Assembly to settle domestic gas to power thermal…
Oredola Adeola The world’s first climate-focused guarantee company, the Green Guarantee Company (GGC), has been launched by the Nigeria Sovereign Investment Authority (NSIA) alongside the United Kingdom’s Foreign, Commonwealth and Development Office (FCDO) through its MOBILIST Global programme,…
Oredola Adeola Ikeja Electric Plc Integrated Management System (IMS) has been simultaneously recertified with three major certifications – ISO 9001:2015 for Quality Management Systems, ISO 14001:2015 for Environmental Management Systems, and ISO 45001:2018 for Occupational Health & Safety Management Systems,…
Oredola Adeola The Transmission Company of Nigeria (TCN), with funding from the World Bank, has successfully upgraded and energized two 100MVA 132/33kV power transformers at its 132kV Benin Transmission Substation and Ihovbor Work Centre in Edo State, enhancing…
Oredola Adeola On Sunday, January 4, 2024, Nigeria’s national power grid collapsed for the first time in 2024, plunging the country into darkness with two significant power system failures: a 59.9MW partial collapse at 11:21am and a complete blackout at…
Oredola Adeola Amid a significant decrease in power allocation to the eleven electricity distribution companies (DisCos), Adebayo Adelabu, Minister of Power, has formed a Power Committee to address the issue, attributing the decline to unpaid debts and low gas supply,…
As a vehicle that catalyzes growth, education plays a pivotal role in the socio-economic development of communities and countries where it is given priority and commitment. Hence, the rapid transformation that such societies undergo over the years…
