March 11, 2024Distribution

Simultaneous attacks on TCN infrastructure: Dan’agundi substation in flames, as vandals hit Shiroro-Katampe 330kV line 

Oredola Adeola   Despite significant drop in electricity supply across the country, attackers have simultaneous targeted Nigeria’s power infrastructure, with the Dan’agundi Transmission Station in Kano City being ravaged by flames and the Shiroro-Katampe 330kV transmission line in Abuja sabotaged…

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March 9, 2024DistributionGenerationNewsPowerTransmission

Abuja power outage: TCN blames low load allocation from GenCos

…disputes Gwagwalada tower vandalism as main cause    Oredola Adeola   The Transmission Company of Nigeria (TCN) has debunked the notion that the current power challenges in Abuja and environs, stem from the Gwagwalada tower vandalism incident which happened on…

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March 9, 2024DownstreamFinanceGasImpactLocal ContentMidstreamNewsOil & Gas

 Ekpo foresees reduction in prices of cooking gas, CNG with disbursement of MDGIF

… seeks stakeholders’ collaboration to unlock potential of Nigeria’s gas sector   Oredola Adeola   Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), has revealed that the Midstream and Downstream Gas Infrastructure Fund (MDGIF) is more than just a…

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March 9, 2024News

Tinubu’s aide confirms petrol subsidy return

…says action is global norm to ease economic burden on citizens   Oredola Adeola Mrs. Olu Veŕheijen, Special Adviser to President Bola Tinubu on Energy, has revealed that the Federal Government retains the authority to intervene through subsidy in the…

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March 8, 2024DownstreamImpactNewsOil & GasReview

“Dollarisation trend by NPA, NIMASA driving up petroleum products prices – MEMAN warns

    Oredola Adeola   The Major Energy Marketers Association of Nigeria (MEMAN) has warned against the adverse effects of the prevalent “dollarisation” practice in fee collections by government entities, citing concerns over exchange rate volatility leading to soaring petroleum…

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March 8, 2024ConcessionNewsPower

Tinubu reshuffles NELMCO, confirms Dekalu-Thomas as MD/CEO for 5-year term

.. elevates Power Minister to Board Chairman Oredola Adeola Adebayo Adelabu, Minister of Power, has assumed the Chairmanship of the Board of the Nigeria Electricity Liability Management Company (NELMCO) from the Minister of Finance, while Mrs. Mojoyinoluwa Dekalu-Thomas also been…

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March 8, 2024Energy TransitionFinanceGenerationGreen FinanceNewsPowerRenewablesSabotage

Misexpenditure of N1.2bn: President Tinubu suspends Salihijo, 3 other REA Directors  

. appoints a new interim management team, led by Aliyu    Oredola Adeola President Bola Tinubu has authorized the indefinite suspension of Ahmed Salihijo, the Managing Director/CEO, and three other key officials at the Rural Electrification Agency (REA) due to…

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March 7, 2024DistributionEnergy TransitionFinanceGenerationNewsPower

“License revocation not your duty – seek advice first!”- electricity experts caution Power Minister

 Oredola Adeola    Electricity industry advisors and customer advocacy groups have reminded Chief Adebayo Adelabu, Power Minister that revoking the license of electricity distribution company (DisCo) is not within his jurisdiction. They have therefore charged the Minister to seek proper…

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March 6, 2024DistributionNewsPowerTransmission

 Adelabu, Minister of Power, threatens DisCos with license revocation for power distribution failures

Oredola Adeola   Adebayo Adelabu, the Minister of Power, has issued a stern warning to distribution companies (DisCos) failing to effectively distribute power supplied by Transmission Company of Nigeria (TCN), vowing decisive action by revoking licenses and other severe consequences…

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March 6, 2024DistributionImpactNewsTechnology

Mainstream Energy Solutions, NEDC, graduate 50 technicians to boost YEDC service delivery

  Oredola Adeola Mainstream Energy Solutions Limited, in collaboration with the Northeast Development Commission (NEDC), has wrapped up a rigorous Technical Development Programme, empowering 50 individuals as proficient linesmen/technicians via its renowned Mainstream Academy. These adept professionals have been mobilized…

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