Daily Archives: May 19, 2017

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Power Sector, Key in Taking Nigeria Out of Recession – Fashola

Power Sector, Key in Taking Nigeria Out of Recession – Fashola

The Minister of Power, Works and Housing, Mr Babatunde Fashola, has said the power sector is a major contributor in getting Nigeria out of the economic recession by improving electricity supply to industrial, commercial, small and medium enterprises. Fashola stated this at the presentation of a book to him titled ‘Power Sector Under President Muhammadu

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Ghana Signed For More Than Needed Power

The government of Ghana is caught in a situation whereby it will have excess capacity of energy; however it cannot distribute that power distributed due to low demand. Local radio station Peace FM reported that the government is unable to cancel eight Power Purchase Agreements (PPAs) deemed excess capacity because the financial implications range between

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Blame Poor Planning For Failure of 2013 Power Privatisation –Stakeholder

Pioneer head of Market Operations of the Transmission Company of Nigeria (TCN), Uzoma Achinanya, yesterday, identified policy summersault in the reform of the power sector as the bane of achieving  stable power in the country as he cautioned against tariff increment without proper research. Speaking at a stakeholders meeting in Abuja, Achinanya lamented that the

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Power Crisis: Stakeholders Resolve to End Blame Game.

Major stakeholders in the country’s power sector, yesterday, resolved to put the blame game behind and start appropriate action that will build robust synergy towards delivering improved electricity to the people. The one-day workshop, which was convened at the instance of the Market Operator, MO, of the Transmission Company of Nigeria, TCN, in Abuja, had

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BEDC to Restore Light in 85 Ondo Communities

Over 85 communities who have been in total power outage in Ondo State will soon be reconnected as the Benin Electricity Distribution Company (BEDC) has stepped up efforts to restore lights. The communities were disconnected from the national grid due to service debts that culminated to over N1 billion. The BEDC Chief State Head, Ondo/Ekiti

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