FG Bans Transformer Purchase by Electricity Consumers

The Federal Government of Nigeria has declared as the common practice of electricity consumers in the country buying transformers for themselves as unacceptable. To this end the Minister Power, Works and Housing, Mr. Babatunde Raji Fashola has announced that henceforth, electricity consumers are to desist from this practice and leave the purchase to the Distribution Companies (DISCOs). According to […]

Nigeria: Power Generation Rises to 4387MW

The Nigerian Electricity Regulatory Commission (NERC) yesterday said that nationwide power generation had again began to rise and was at 4387 megawatts (MW) at the time of filling this report. NERC said that this came about following the successful completion of repair works on the recently damaged gas facility which provides gas feedstock to thermal […]

Power Generation Dips Further to 3,697MW

Despite the recent increment in electricity tariff hike, consumers are seriously groaning under pangs of outages, with power generation sliding to 3,697 Mega Watts (MW) from the 5,074 its recorded earlier February. The Nigerian Electricity Regulatory Commission (NERC) had earlier assured that the supply situation would improve with the assessed cost-reflective tariff regime. Even the […]

Nigerians Will Get 24 Hour Power Supply, if They Can Afford it – Fashola

Nigeria’s Power Minister, Babatunde Fashola, has stated that a new power tariff will soon be launched in the country which will ensure Nigerians pay more for electricity – if they want to consume more. According to him, FG will encourage the electricity distribution companies to allocate dedicated power to only those consumers who are ready […]

Fashola Targets 5000MW Power Generation Before End of 2015

Nigeria’s Minister of Power, Babatunde Fashola wants Nigeria’s power generation by the end of the year to hit 5,000MW, Thisday reports. The minister had a closed door meeting stakeholders in Nigeria’s power sector yesterday in Abuja. Implementation of new electricity tariff drawn up by the electricity distribution companies (Discos) under the Multi Year Tariff Order […]

Power generation hits new peak of 4,883.9MW

Transmission Company Nigeria (TCN) yesterday said it has achieved a new record peak generation of 4883.9megawatts (Mw) and the highest maximum daily energy delivery of 106,288.48Mw. A statement signed by the Asst. General Manager (Public Affairs), Clement Ezeolisah, explained that the new feat was achieved at 21.15hours on November 23. The previous peak generation was 4810.7Mw attained on […]

Power Generation Down by 480MW

The Transmission Company of Nigeria (TCN) has said its Tower No. 62, along the Okpai-Onitsha 330kV double circuit transmission line in Delta State was vandalised last Tuesday. The line which evacuates power from the 480 megawatts (mw) Okpai Power Station in the state was hacked down at Asaba Uchi, Ndokwa East Local Government resulting in […]

NERC Targets 2,000MW from Renewable Energy

The Nigerian Electricity Regulatory Commission (NERC) has approved the application of a new regulation to stimulate investments that would give Nigeria up to 2000 megawatts (MW) of electricity generated from renewable energy sources in the next five years from now. The new law, ‘feed-in tariff regulations for renewable energy sourced electricity in Nigeria’ was reportedly […]

Electricity price rises as power hits 5,000mw in 2016

Nigerians should be ready to pay more electricity bills in 2016 when the national grid is expected to hit a steady 5,000 megawatts. The 10-year Multi-Year Tariff Order (MYTO) 2.2 submitted by the 11 electricity Distribution companies (Discos) to the Nigerian Electricity Regulatory Commission (NERC) indicates a significant increase in the Energy Charge (EC) component […]

Nigeria’s Power Generation ‘Steadying’

According to reports the rate at which Nigeria generates electricity is getting steady. Figures on the website of the Power Statistics of the Federal Ministry of Power yesterday said energy supply only dipped by 4.86Mw from the 4,013.39Mw sent out on September 16. The TCN however recorded a spinning reserve or stranded power of 89.78Mw […]

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