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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 […]
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Nigeria: TCN Spends N8.8Bn To Fix 128 Damaged Transmission Towers
Nigeria’s power transmission company, TCN, has spent N8.8 billion to repair electricity transmission towers attacked by vandals and bandits across the country. The Managing Director of TCN, Engr Suleiman Abdulaziz, revealed this at the Quarterly Power Sector Working Group meeting in Abuja in a statement issued by the Special Adviser to the Minister for Power […]
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Nigerian-led WAPP Declares Electricity Supply Fundamental Human Right
The West African Power Pool (WAPP), a specialised institution of the Economic Community of West African States (ECOWAS) has declared that access to electricity supply remains a fundamental human right. WAPP covers 14 of the 15 countries of the regional economic community, including Nigeria, Benin, Côte d’Ivoire, Burkina Faso, Ghana, Gambia, Guinea, Guinea Bissau, Liberia, […]
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Five Vandals Bag Seven Years Jail Term in Sokoto.
The Runjin Sambo Chief Magistrate in Sokoto State, Chief Magistrate Isa Idris Marafa has sentenced one Dahiru Ibrahim and four others to seven years imprisonment each for vandalism and theft of a 50KVA Distribution Transformer and other power supply infrastructure in Runjin Sambo area of Sokoto metropolis. A statement signed by Abdulazeez Abdullahi, the Head […]
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Kaduna Electric Undertakes Infrastructure Upgrade, Establishes Three Commercial Feeders
In a renewed effort to enhance power supply and ensure reliable service for its commercial and industrial customers, the management of Kaduna Electricity Distribution Company has initiated upgrades to its power infrastructure and network rehabilitation across its franchise states. The company’s Deputy Managing Director/COO, Abubakar Sadiq Mohammed, announced this during an inspection of ongoing infrastructure […]