The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has slashed the price of natural gas for power generation companies (GenCos) to $2.13 per million British thermal units. This is coming amid a debt of about N2 trillion owed by the GenCos to gas companies as a result of illiquidity. About a year ago, NMDPRA […]
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 […]
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 […]
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, […]
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, […]
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 […]
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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