THE Managing Director of the Transmission Company of Nigeria (TCN), Alhaji Usman Gur, said on Saturday in Kano that the federal government in collaboration with international donor agencies are committing …
Tag:
Electricity
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A report by Bloomberg on Monday revealed that the Federal Government has given N1.5tn to the privatised power sector since the privatisation process in 2013. According to the publication, this …
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The Market Operator of the Transmission Company of Nigeria (TCN), Engr. Edmund Ejie, on Wednesday, disclosed that the Federal Government has approved N600billion for injection into the nation’s electricity market. …
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President Muhammadu Buhari signed an agreement with Siemens, a German represented by its chief, Joe Kaeser, in Abuja on Monday to take Nigeria’s operational capacity in the electricity system to …
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The federal government has ordered the disconnection of three electricity distribution companies from the national grid over “non-compliance with the conditions of market rules”. DisCos are allegedly owing the Transmission …
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The national electricity grid has collapsed again on Thursday morning at 5:30 am, sources in the industry have said. This is coming less than 18 hours after a similar GRID …
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Thousands of residents in parts of Ilorin, the Kwara capital, on Friday said they were going through a lot of hardship without electricity since over a month now. The affected …
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The Minister of Power, Works and Housing, Mr Babatunde Fashola, has said that Nigeria’s current power generation has reached 7000 Mega Watts. Fashola said this on Friday in Calabar at …
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The Regional Head of Communication of the Ibadan Electricity Distribution Company (IBEDC), Ilorin zone, Mr Asaju Kolawole, has warned customers against paying cash or inducing its enumerators during their assignments. …
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A private company, Viathan Group, has issued a $32 million infrastructure bond to fund power assets— the first of its kind in Nigeria. The bond, which is worth N9.8bn when …