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FG Confirms Transfer of $1.3 Billion Zungeru Hydroelectric Power Plant to Penstock Ltd

……….by Victor Egbo…… The Nigerian Government has confirmed that the transfer of ownership of the Zungeru Hydroelectric Power Plant to Penstock Limited took place on January 23, 2024, following the settlement of the project’s commencement fee on January 5, 2024. Stanley Nkwocha, Senior Special Assistant to the President on Media & Communications (Office of the Vice President, made this known ...

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NERC Kicks as DISCOs Rakes in N105 Billion from Overbilling Customers in Nine Months

……..by Victor Egbo……. The Nigerian Electricity Regulation Commission (NERC) has frowned over the non-compliance of  Power Distribution Companies (DISCOs) on capping of Estimated Billing of unmetered customers. Data from NERC showed that power distribution companies overbilled customers with over about N105 billion in Nine months. This is between January and September 2023, an analysis of the latest monthly number of ...

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Ikeja Electric Bags Integrated Management System Recertification

As a testament of its dedication to providing premium services in electricity distribution to customers and in line with Good International Industry Practices (GIIP), Ikeja Electric’s Integrated Management System (IMS) was recertified after an intensive review of its policies, processes and procedures. The IMS certification which collapses various management systems into a single, overall comprehensive, and harmonised management system, increases ...

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EKEDC: Two Persons Jailed for Vandalising Equipment Another Arraigned, as DISCO Vows to Battle Offenders

Hassan Saidu and Abdullami Aliu have bagged jail terms for vandalizing a transformer belonging to Eko Electricity Distribution Company (EKEDC) around Ayinde Street in the Olodi Apapa area of Lagos. The two were found guilty on a five-count charge bordering on conspiracy to commit a felony, stealing, willful damage, obstruction of public peace and vandalism. In the same vein, one ...

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Electricity Supply Returns Gradually After National Grid Collapse

Most parts of Lagos State, earlier thrown into darkness on Sunday, were beginning to receive power supply after the restoration of the national grid. There was reported collapse of the national grid in the early hours of Sunday, throwing several cities, including the nation’s capital Abuja, into darkness. According to the report, Abuja Electricity Distribution Company (AEDC) announced Sunday that the collapse ...

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Gas Supply Constraints Responsible for Poor Power Generation – TCN

…….by Victor Egbo…….. The Transmission Company of Nigeria (TCN) has expressed concern over a gradual drop in power generation into the national grid, saying it was due to low gas supply to the thermal generating companies.TCN’s general manager, Public Affairs, Ndidi Mbah, made this known in a statement.Mbah, in the statement, said that the development has impacted the quantum of ...

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EKEDC Board Chairman Advocates For More Investment In Power Sector

The Chairman, Board of Directors of Eko Electricity Distribution Company (EKEDC), Dr. Dere Otubu has emphasized the need for increased investment in the power sector to meet the growing energy demands of Nigeria. He made this known at the Nigeria-India Business Council’s (NIBC) India Trade Mission to Nigeria held in Abuja on Tuesday, January 23, 2024. The Forum, themed “Expanding ...

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Schneider Electric Promotes Adoption of Technology for Nigeria Pipeline Security

Global Automation and Energy Management leader, Schneider Electric, has called for a widespread adoption of smart technology for resilient pipeline infrastructure to guarantee energy security and a sustainable energy future for Nigeria. Speaking at the Nigeria International Pipeline Technology and Security Conference (NIPITECS), Damiete Thomas, Process Automation Specialist, Schneider Electric, spoke on the urgent need for Nigeria’s energy security and ...

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EKEDC Reiiterates Commitment to Excellent Service Delivery through Infrastructural Development

Eko Electricity Distribution Company (EKEDC) has reaffirmed its commitment to making huge investments in infrastructural development and its Corporate Social Responsibility (CSR) efforts. This was disclosed in a statement to journalists by the Company’s General Manager, Corporate Communications, Babatunde Lasaki, who stated that major investment in infrastructure upgrade is the bedrock of exceptional performance in 2024. He added that the ...

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EKEDC Reiiterates Commitment to Excellent Service Delivery through Infrastructural Development

Eko Electricity Distribution Company (EKEDC) has reaffirmed its commitment to making huge investments in infrastructural development and its Corporate Social Responsibility (CSR) efforts. This was disclosed in a statement to journalists by the Company’s General Manager, Corporate Communications, Babatunde Lasaki, who stated that major investment in infrastructure upgrade is the bedrock of exceptional performance in 2024. He added that the ...

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