Electricity
4 hours ago
The World Bank Group and the African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030.
14 Apr
Notwithstanding many obstacles, renewable energy resources are expected to generate 42 per cent of all electricity globally by 2028. Latest report by DNV, an independent assurance and risk management provider, revealed that solar PV will also top nuclear electricity generation by 2026.
12 Apr
Minister of Power, Adebayo Adelabu, has apologised to Nigerians for saying they keep their freezers on for days due to low electricity tariffs. On April 4, 2024, Adelabu told journalists in Abuja that Nigerians lack the culture of electricity consumption management due to “cheap” electricity supply. He made the statement after the government announced an…
1 Apr
Mohammed Akar is the general manager of The Wood Factory, a leading manufacturer of high-end furniture, doors, and home and office interiors, based in Nigeria’s capital, Abuja.
28 Mar
Nigeria has been left in darkness as the national electricity grid controlled from Osogbo, Osun State collapsed at about 4:30pm on Thursday. Most distribution companies across the country disclosed that their feeders were out leaving their franchises area across the 36 states in darkness. While the grid output was 2984 megawatts as at 4pm, the…
28 Feb
Amid harsh climatic condition and economic downturn, the public power supply has further worsened nationwide, with households and businesses squeezing to run on generator sets. TOBI AWODIPE and WALIAT MUSA report that the government can do no wrong with special intervention in the area of power supply. Nigeria, once again, finds itself in the throes of a growing crisis as…
21 Feb
The Nigerian Electricity Regulatory Commission (NERC), the Chief Justice of the Federal and other judges as well as the National Assembly, yesterday, in Abuja stressed the need to strengthen the legal framework to address the challenges facing the power sector.
18 Feb
The Minister of Power, Adebayo Adelabu, has revealed that there is a significant N1.6trn shortfall in wholesale tariffs, with an industry Aggregate Technical, Commercial, and Collection (ATC&C) losses of 48 per cent
14 Feb
The Minister of Power, Adebayo Adelabu, has said that state governments will now be allowed to generate power independently.
9 Feb
Governor Seyi Makinde on Friday announced that he has signed the Oyo State Electricity Regulatory Commission Bill into law.
4 Feb
Nigeria has plunged into darkness once again as the nation’s electricity grid collapsed. The Transmission Company of Nigeria (TCN) managed grid went down at approximately 11:51 AM on Sunday, reducing the system's capacity from 2,407 megawatts to a mere 31MW by noon and reaching zero by 1 PM. Despite the Federal Government privatizing the sector…
1 Feb
The number of electricity consumers rose by 240,000, from 11.47 million in the second quarter of 2023 to 11.71 million in the third quarter of 2023.