FG Stops Customers From Buying Transformers

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The federal government has ordered electricity Distribution companies (Discos) to stop customers from buying transformers, saying that is the Discos’ responsibilities. The Minister of Power, Works and Housing, Babatunde Fashola, issued the order when he received the new Managing Director of Abuja Electricity Distribution Company (AEDC), Mr Ernest Mupwaya, yesterday. He said: “Private purchase of transformers must stop because that … Read More

Transmission Company of Nigeria to Complete 22 Projects This Year

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Transmission Company of Nigeria (TCN) has said it target the completion 22 critical projects captured in the 2016 Federal Government Budget before the end of the year. The Managing Directors and Chief executive of TCN, Engr. Abubakar Atiku, who stated this in a press briefing in Abuja, noted that resolve is part of efforts to meet President Muhammadu Buhari’s aspiration … Read More

Power: Gas Dependency, Not The Way To a Secure Future

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The Federal Government of Nigeria has said that sole-reliance on gas cannot solve the country’s existing electricity challenges. This statement was made by the Acting Chairman of Niger Delta Power Holding Company (NDPHC), Chinedu Ugbo, on behalf of the Minister of Power, Works And Housing, Babatunde Raji Fashola, during a conference in Lagos State, Business News reported. According to Ugbo, … Read More

Nigeria: Stakeholders Identify Challenges of Gas-to-Power Initiative

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The availability of power is an unavoidable catalyst to boost industrial activities for economic development.Nigeria’s electricity supply is dismal owing to institutional, legal, regulatory, gas pipeline vandalism and capital challenges. Despite having a gas reserve of over 190 Trillion Cubic Feet (TCF) with a proven reserve of 187 TCF, the abysmal generation of less than 4,000 megawatts (MW) of electricity … Read More

Renewable Energy Development in Nigeria

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Nigeria’s renewable energy division is on the rise as multiple agreements for new clean power plants are being signed to enhance the country’s energy generation supply. Earlier this week, independent solar power producer Scatec Solar contracted a 20-year Power Purchase Agreement with the Nigerian Bulk Electricity Trading Plc (NBET) to develop the 100MW Nova Scotia Power plant in Jigawa state. … Read More

FG Promises Holistic Approach To Tackling Electricity Challenges

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The Federal Government has said it would adopt a holistic approach towards addressing the infrastructural decay and other challenges facing the electricity industry. The Minister of Power, Works and Housing, Mr. Babatunde Fashola, stated that as part of these efforts to boost the electricity supply in the country, the Nigerian Bulk Electricity Trading Plc (NBET) and the Transmission Company of … Read More