Tag Archives: Power sector

Director-General, Infrastructure Concession Regulatory Commission (ICRC) Mr. Chidi Izuwah has said power generation in the country will soon witness a massive boost. A statement issued by the commission in Abuja said Izuwah gave the assurance during a consultative visit by the Managing Director, Mainstream Energy Solutions Limited, Mr. Lamu Audu. Izuwah said a multi-stakeholder collaborative platform would be put in ...

POWER SECTOR – Osinbajo’s spokesman, Laolu Akande, in a statement in Abuja, said the vice president spoke at the commissioning of the 2x60MVA, 132/33KV substation and associated 132KV transmission lines in Abeokuta, Ogun State on Thursday. Vice President Yemi Osinbajo says the Federal Government’s power sector reforms are already yielding results as steady progress is being recorded in power generation, ...

Mr. Adeola Samuel-Ilori, the National Coordinator of the forum, said the group has agreed to organise road shows across Lagos and Ogun axis on April 6 against the illegality being perpetrated by the Discos. Samuel-Ilori said the rally was to sensitises the electricity consumers on their rights as it relates to connection and disconnection of power supply by the service ...

The estimated monetary loss in Nigeria’s power sector has risen to N460.3bn in 2018 alone. The data obtained from the Federal Ministry of Power, Works and Housing in Abuja on Friday showed that between January 1 and November 8, 2018, the sector lost N460.253bn. The FMPWH explained that the huge financial loss was due to insufficient gas supply, distribution and ...

The NESI’s data shows that Nigeria’s power sector is losing between N1.2 billion to N1.5 billion monthly to constraints such as water, gas and transmission line. Nigeria’s power sector lost a total of N108 billion in the first quarter of 2018 from constraints that include gas supply, water, and transmission line. The sum of N108 billion has been lost to ...

The Niger Delta Power Holding Company (NDPHC) has flagged off construction of a 330 kilovolt (KV) transmission substation worth N5.49 billion in Lafia, the Nasarawa state capital. The Managing Director of NDPHC, Chiedu Ugbo at the site yesterday said the project which will be completed this year will add about 300 megawatts (MW) of electricity capacity to the state. He ...

Stakeholders in the power sector are canvassing a shake-up of the sector, in order to bring about optimal performance. They also suggested the revocation of the licenses of non-performing utilities as deterrent to others. This was following Federal Government’s decision not to reverse the privatisation of the sector. The Guardian reports that experts, including workers unions believe the Nigerian Electricity Regulatory ...

What does it mean to have a Maintenance Culture? Imagine having a generating set that has been working for months and yet not serviced once, then it breaks down one day and that’s when you realize it needs servicing. Being in tune with or showing sensitivity towards the proper functioning of a property, machine, structure e.t.c and carrying out repairs ...