POWER

The Federal Government is planning more investment in the distribution segment of the power sector. This investment will be in the region of $800 million. The Minister of Power, Adebayo Adelabu, disclosed this in far-away China when he visited TBEA Southern Power Transmission and Distribution Industry in Beijing, China. The projects which come under the Presidential Power Initiative will see ...

……..by Ben Ndubuwa………… The Major Energies Marketers Association of Nigeria (MEMAN) is seeking for a significant growth potential for solar energy sector by the year 2030. This is because solar energy holds immense potential to transform Nigeria’s energy landscape, with applications ranging from home systems to large-scale utility projects. As part of its Competency Centre Series, MEMAN yesterday hosted a ...

TotalEnergies says it has launched of a pilot project consisting of a floating wind turbine to supply renewable power to Culzean offshore platform in the UK North Sea, thus pioneering an innovative decarbonisation scheme. The 3 MW floating wind turbine will be located 2 km west of the Culzean platform, 220 km off the eastern coast of Scotland. The turbine, ...

The Management of Eko Electricity Distribution Company (EKEDC) wishes to acknowledge the recent reports regarding the disconnection of the power supply to the University of Lagos (UNILAG), despite a payment of ₦180 million for July. It is imperative to clarify that this payment only partially defrays a small fraction of the outstanding debt owed by the university, which significantly exceeds ...

The Nigerian Electricity Regulatory Commission (NERC) has emerged as the first among 53 Ministries, Departments and Agencies (MDAs) after scoring 100 percent for active engagement on the ReportGov.NG platform, and full compliance with the Federal Executive Council (FEC) timeline of 72 hours for complaint/ticket resolution in the first half of 2024. The ReportGov.NG platform is Nigeria’s official public service complaint ...

In order to enhance the trust and credibility of the Nigerian arbitration system and make the country a safe arbitration seat, there is the need to drive efficiency, accountability, transparency, competency and ethics in the system. The Director Legal and Company Secretary, Seplat Energy Plc, Mrs. Edith Onwuchekwa, said this at the ongoing Nigerian Bar Association Annual General Conference 2024 ...

Eko Electricity Distribution Company (EKEDC) has said that government Ministries, Parastatals and Development Agencies are owing the company over N144 billion as debt as House of Representative Committee on Privatisation and Commercialization vowed to pass a bill on electricity theft. The Chairman of the House Committee, Hamisu Ibrahim said they will work with relevant committees in the House to resolve ...

Managing Director, AMCON, Gbenga Alade The Assets Management Corporation of Nigeria says the only way to make the Ibadan Electricity Distribution Company more efficient is to sell it to viable investors. The AMCON Managing Director/Chief Executive Officer, Gbenga Alade, stated this at an interactive session with media executives in Lagos on Monday. Alade told journalists that when he took office ...

The Federal Government and the states have raised N100bn for the procurement of prepaid electricity meters. Minister of Power, Adebayo Adelabu, said this was under the Presidential Meter Initiative programme. Adelabu disclosed this while addressing broadcasters in Ibadan, the Oyo State capital. According to him, President Bola Tinubu’s administration has been making efforts to close the meter gap in Nigeria, ...

Eko Electricity Distribution Company (EKEDC) has urged its unmetered customers to register for prepaid meters to eliminate estimated billing. Mrs Rekhiat Momoh, the acting Chief Executive Officer of EKEDC, made this appeal during a Customers’ Engagement forum in ljora Business Unit on Thursday in Lagos. The Business Intelligence (TBI Africa) reports that customers at the forum were drawn from various ...