Ajaokuta Steel, international customers owe power sector N12.2bn – NERC

The Ajaokuta Steel Company and other international customers owe the power sector N12.2b, according to the 2018 first quarter report of the Nigerian Electricity Regulatory Corporation (NERC). NERC disclosed yesterday that in the period under review, invoices issued to foreign customers (CEB/SAKETE and NIGELEC) and special customer (Ajaokuta) stood at N12.2b, but payments were not…

Kaduna Electric launches online CRM portal

Kaduna Electric has launched a Customer Relationship Management (CRM) portal which it has integrated into its website. Customers can now log on to the company’s website; www.kadunaelectric.com and access the portal where they can lodge complaints of any kind relating to electricity services provided by the company. The company’s Head of Corporate Communication, Abdulazeez Abdullahi, said through…

TCN invites bids for construction of transmission lines in Nassarawa, Benue

TCN invites bids for construction of transmission lines in Nassarawa, Benue

The Transmission Company of Nigeria (TCN) has received funds from the Federal Ministry of Power and Housing for the electrification of the Loko community of Nassarawa State and Agatu community in Agatu local government area of Benue State. TCN now invites bids from interested bidders for the supply and installation of equipment and material for…

Hydrogen – the “Missing Link” in Energy Transition
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Hydrogen – the “Missing Link” in Energy Transition

A recent study performed by the International Renewable Energy Agency (IRENA), says that hydrogen produced from renewable energy could enable large amounts of power to be channelled into sectors otherwise difficult to decarbonise through electrification. “Hydrogen could, therefore, be the missing link in the energy transition,” the agency said. The target sectors have been highlighted by…

Nigeria’s Power Grid Records 10 Collapses in 2018 Amid Zero Backup Capacity

Nigeria’s Power Grid Records 10 Collapses in 2018 Amid Zero Backup Capacity

The nation’s power grid has suffered its ninth total system collapse this year amid a lack of spinning reserve that is meant to forestall such occurrences. This year, the national grid has so far recorded 10 collapses – nine total, while one was partial, the latest data obtained from the Ministry of Power, Works and…

Sen Umeh Reiterates Need for More Funds to Boost Electricity Supply

Sen Umeh Reiterates Need for More Funds to Boost Electricity Supply

Enugu – Sen. Victor Umeh, representing Anambra South in the upper chamber has emphasised the need for the Federal government to invest more on energy supply to boost the economy of the country. Victor Umeh Umeh made the call at Amorji Nike near Enugu on Monday at the inauguration of the Enugu Electricity Distribution Company…

Why Electricity Tariffs Should be Raised —CPEEL Round Table Discussants

Why Electricity Tariffs Should be Raised —CPEEL Round Table Discussants

EXPERTS have concluded that electricity tariffs should be raised to an amount that is profitable for gas suppliers and power companies, and that government should regulate pricing to create a willing-buyer/willing-seller situation across the gas supply value chain. Doing this will encourage greater investment especially foreign ones in Nigeria’s gas sector, improve gas reserves utilisation…

EEDC Hails Governor Ugwuanyi as Senator Umeh Commissions 7.5MVA Injection Substation

It was a moment of applause for Governor Ifeanyi Ugwuanyi of Enugu State on Monday as the Enugu Electricity Distribution Company, EEDC, inaugurated a 7.5MVA injection substation in Enugu. Speaking while commissioning the project, the Senator representing Anambra Central, Senator Victor Umeh disclosed that Nigeria needed power supply to enhance economic development and improve lives….

DisCos, Gas Suppliers, Deny Power Sector N108.15 Billion in 2 Months

DisCos, Gas Suppliers, Deny Power Sector N108.15 Billion in 2 Months

Inadequate gas  supply to the generating plants and limited distribution facilities have resulted in the cumulative loss of N108.15 billion in July and August, 2018. A compilation by Vanguard, based on reports obtained from the office of the Vice President, Prof. Yemi Osinbajo, showed that a total of N50,082 billion was lost in July while…

NERC Moves against DisCos’ Discretionary Remittance to Power Market

NERC Moves against DisCos’ Discretionary Remittance to Power Market

The Nigerian Electricity Regulatory Commission (NERC) has said that reported decisions of electricity distribution companies (Discos) in Nigeria’s power market to collect financial proceeds from their sale of electricity to consumers in the country but turn around to remit whatever amount they liked to the power market is wrong and discouraging investments in the sector….