POWER

The Federal Government has said that a total of 3.24 million buildings in 3,937 settlements have been mapped and currently connected to the country’s power grid. It disclosed this in Abuja at the 5th National Council on Power, which had the theme, ‘Sustaining and Improving Electricity Supply through the Power Sector Value Chain for Socio-economic Growth’. The Permanent Secretary, Federal ...

Managements of Geregu Power Plc and Fund for Export Development in Africa (FEDA), an arm of Africa Export and Import Bank (Afreximbank) have begun talks on equity acquisition of part of the power generating company. The billionaire Femi Otedola owned power generating company (GenCo) was the first power company firm to be listed on the Nigerian Stock Exchange, and the ...

Eko Electricity Distribution Company (EKEDC) on Thursday cried out against the assault on its staff while on, calling it barbaric and inhumane. The Chief Spokesperson of the electricity distribution company, Mr. Godwin Idemudia, stated this in a statement he issued on Thursday following the assault of Mr. Sanmi Mathew Akanni, a staff with Ikate zone team under its Orile district ...

The Executive Director, Networks, Niger Delta Power Holding Company, (NDPHC), Engr. Ife Oyedele, has described the agency as the most successful publicly owned organisation in Africa. Oyedele stated this in Lagos after receiving the University of Lagos Distinguished Alumnus Award. According to him, the agency is perhaps the most successful publicly owned organiaation in Africa today. ” It owns the ...

Africa will require about $190bn worth of investments annually between 2026 and 2030 to meet its energy and climate goals to boost socio-economic prosperity on the continent. This was disclosed by Seyi Sobogun, Head, Capital Projects, Egbin Power Plc, a Sahara Power Group Company, while delivering a paper titled “Energy Mix – The Challenges with Funding and Deploying Commercially Viable ...

Lagos, Nigeria; 23rd November 2022: Leading Electricity Distribution Company, Ikeja Electric Plc (IE), has emerged the Best Electricity Distribution Company of the year and Most Gender Diverse Utility Company while the Board Chairman of the company and Executive Director of Sahara Group, Mr. Kola Adesina MFR bagged the Power Sector Lifetime Achievement Award at the maiden edition of Nigeria Power ...

In a continued effort to ensure safety and protection of electricity infrastructure in its coverage area, Ikeja Electric Plc has cautioned against damages to it’s electricity Infrastructures by reckless driving; which consequently leads to total blackout in some communities within its network. The Head of Quality, Health and Safety Environment, Ikeja Electric, Engr Jamiu Badmos, said in a statement that ...

Egbin Power Plc has received the Utility Power Generation Company of the Year at the 2022 Afrisafe HSE Awards, a prestigious Health, Safety and Environment (HSE) industry award held to honour outstanding individuals, corporate organizations and laudable initiatives in the safety industry across Africa. The event, the most prestigious HSE awards in Africa, was attended by notable personalities, professionals, entrepreneurs, ...

The National Council on Privatisation (NCP), chaired by Vice President Yemi Osinbajo, has approved a governance framework for the development of a US$3 billion Hydropower plant in Makurdi, Benue State. Osinbajo’ spokesman, Laolu Akande, in a statement on Tuesday in Abuja, said the NCP met at the Presidential Villa, Abuja. The plant is expected to be the largest hydropower project ...

Transmission capacity will be increased by 1000MWs through Abuja Ring Project. The Minister of Power, Engr Abubakar Aliyu made the disclosure at the weekend while inspecting the Abuja Ring Projects in company of the Managing Director of TCN, Engr. Sule Abdulaziz, transmission projects in Abuja. According to him, the Abuja ring project is funded through a $170 million loan from ...