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Vandalism Causing Widespread Outage Within Network–Eko DisCo
The Eko Electricity Distribution Company (EKEDC) has called on the public to desist from the unlawful activities of vandalizing and stealing electricity cables and other critical infrastructure. These acts disrupt power supply to homes, businesses, and industries, causing widespread power outages and financial losses to the brand and its valued customers. This information was disclosed […]
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FG deducts N700bn from federation account for free meter distribution
The Federal Government has set aside N700bn from the federation account for the implementation of the distribution of free electricity meters under the Presidential Metering Initiative, according to the Special Adviser to the Minister of Power on Strategic Communications and Media, Bolaji Tunji. In a chat with The PUNCH on Friday, he noted that the PMI […]
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TCN boosts power grid with $200m World Bank project
The Transmission Company of Nigeria (TCN) has announced significant strides in its nationwide transmission capacity expansion, facilitated by a $200 million World Bank-funded initiative. This ambitious project is aimed at improving electricity supply reliability and addressing critical gaps in Nigeria’s power infrastructure. Managing Director of TCN, Mr Sule Abdulaziz, revealed this during his inspection of key substations […]
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Only 3m customers metered as gap remains at 50%
The Nigerian Electricity Regulatory Commission (NERC) said the country’s metering gap remains significant despite the installation of 3.03 million meters since the privatization of the sector in 2013. According to the commission, the metering rate currently hovers around 50 per cent, leaving half of the electricity customers on estimated billing. The Commissioner in charge of planning research and […]
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Spotlighting Looming Crises in New Electricity Market Regime
Nigerians will be witnessing a new electricity market regime in the coming weeks and months underpinned by free market practices such as cost-reflective tariffs, bilateral trading between generation companies and distribution companies, and state-owned independent regulators and power firms. But, the hard reality is that many states and consumers may not withstand the demands of […]
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Meter Acquisition Fund (MAF)
In this edition of SNAPSHOT…The Head of Metering Projects, Abba Aliyu Maiborno speaks on the Meter Acquisition Fund (MAF), an initiative introduced by the Federal Government to meter Band A customers within our network.
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Minimum Distance to Build Near Power Line
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Facts About the New Metering Programme For Band A Customers
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Sanwo-Olu Signs Lagos Electricity Bill 2024, targets 24-hour power supply
Lagos State Governor Babajide Sanwo-Olu has signed the Lagos Electricity Bill 2024 into law, marking a significant step toward achieving 24-hour electricity supply across the state by enabling autonomous generation, transmission, and distribution of power under the Electricity Act 2023. The signing ceremony took place on Tuesday at the Lagos House, Ikeja. Gboyega Akosile, the […]
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NERC: FG’s electricity subsidy spend may hit N2.4trn by year end
The Nigerian Electricity Regulatory Commission (NERC) says the cumulative electricity subsidy for 2024 may increase to N2.4 trillion. Yusuf Alli, commissioner of planning, research, and strategy at the NERC, spoke on Thursday at the PricewaterhouseCoopers’ (PwC) annual power and utilities roundtable in Lagos. Alli said the subsidy fluctuated due to challenges with foreign exchange and […]