Archive for March 24th, 2025

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EDITORIAL: The Air Force’s barbaric invasion of IKEDC must not go unpunished

For the victims, it was a most traumatic experience and an assault on their dignity. by Premium Times  March 24, 2025 Reading Time: 4 mins read It appears that savagery flows through the veins of the Air Force personnel in Lagos who invaded the headquarters of the Ikeja Electricity Distribution Company (IKEDC) early this month. They smashed […]

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Nigeria to learn power generation from Egypt – Minister

The Federal Government says it will learn power generation and transmission from Egypt which it described as a role model in the sector. The government also has reaffirmed its commitment to rural development through improved electricity access, The Minister of Power, Adebayo Adelabu, disclosed this during a recent meeting in Abuja with the Egyptian Ambassador […]

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NERC Transfers Oversight of Plateau’s Electricity Market to PSERC

In compliance with the amended constitution of Nigeria and the Electricity Act 2023, the Nigerian Electricity Regulatory Commission (NERC) has issued an order to transfer regulatory oversight of the electricity market in Plateau state from the commission to the Plateau State Electricity Regulatory Commission (PSERC). NERC, in a note, recalled that with the EA 2023, […]

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Attacks on DisCos: Power minister seeks NSA’s intervention

The Minister of Power, Chief Adebayo Adelabu, has urged the Office of the National Security Adviser (NSA) to wade into the frequent attacks on facilities and officials of electricity distribution companies (DisCos). The minister, while condemning the latest attack on facilities at the substation of Eko Electricity Distribution Company (EKEDC) in Badagry, on March 14, […]

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Tinubu appoints board members for power system operator

President Bola Tinubu has appointed board members of the recently established Nigerian Independent System Operator. He named Dr Adesegun Olugbade as the Board Chairman, while Abdu Bello was appointed the Managing Director of the new NISO. An Independent System Operator coordinates, controls, and monitors the operation of the electrical power system, and works with the […]

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Electricity theft, infrastructure vandalism threaten Nigeria’s power sector

According to reports, Nigeria’s power sector loses billions of naira annually to electricity theft and vandalism. by Mary Izuaka March 16, 2025 The Nigerian power sector is grappling with a crippling crisis as rampant electricity theft and infrastructure vandalism continue to threaten power supply. Although Nigeria is not able to generate enough electricity to power […]

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The MD/CEO Umar Abubakar Hashidu paid a courtesy visit to the Vice Chancellor of Kaduna State University, Prof. Abdullahi Ibrahim Musa in his office. The visit was aimed at fostering greater collaboration and partnership in various areas of interest to both Kaduna Electric and KASU. 11/03/2025.

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DisCos Revenue Drops By N60bn In 2024 As Liquidity Crisis Deepens

Uncollected revenue of the electricity Distribution Companies also known as the DisCos deepened by a whopping N60 billion in December 2024, further aggravating the liquidity challenges being faced by the firms. Statistics culled from the Nigerian Electricity Regulatory Commission (NERC) revealed that the utility companies were unable to retrieve a total of  N60.25 billion from […]