Daily Archives: December 13, 2017

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Nigeria: Privatisation of the Power Sector Sparks Debate

Nigeria: Privatisation of the Power Sector Sparks Debate

The former Chairman of the Nigerian Electricity Regulatory Commission, Dr. Sam Amadi, says the privatisation of the country’s power sector was not the solution to the power sector challenges. “You cannot cure government failure by privatising because privatisation is built upon some basic framework for public good. My argument is that there are some certain

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Senate Pledges to Support Nigeria Electricity Market

The Chairman of the Senate Committee on Privatisation, Senator Ben Murray Bruce has pledged the commitment of the upper legislative chamber to resolve all crises bedeviling the nation’s power sector and restoring investors’ confidence in the sector. He made the pledge yesterday in Kaduna when he led members of the Senate committee on Privatisation on

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FG to Generate 3,000MW Through Mini-Grids

Nigerians’ hope of having regular power supply may not take long as the Federal Government plans to generate 3,000 Megawatts (MW) more of electricity through mini-grids to energize under-served off-grid communities across Nigeria by the year 2020. The Managing Director, Rural Electrification Agency (REA), Mrs. Damilola Ogunbiyi, who stated this, said the agency was securing

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NERC Approves N100,000 Reconnection Penalty for Electricity Thieves

The Nigerian Electricity Regulatory Commission (NERC) has set N100,000 reconnection fee for those caught stealing electricity. The Commission in a statement signed by the Vice Chairman, Engr.Sanusi Garba said it approved the N50,000 to N100,000 reconnection costs and administrative charges based on incessant complaints from the Distribution Companies (DisCos) on energy theft by customers. “Any

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Federal Government to Commission 8 New Power Plants – Fashola

…‘Additional 1,129MW expected in 2018’ The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has said about 1,129 Mega Watts (MW) of electricity will be added to the national grid when eight power plants are commissioned in 2018. Fashola, who stated this at the 22nd power sector meeting at Geregu Power Plc in Kogi

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Power: FG, OPS, Others in Talk to Evacuate Stranded 2,000MW

The Federal Government, yesterday, announced that it would collaborate with the organised private sector, comprising the Manufacturers Association of Nigeria, MAN, and other Chambers of Commerce and Industry to find means to evacuate the stranded 2,000 megawatts of electricity. Minister of Works, Power and Housing, Mr. Babatunde Fashola, disclosed this at the 22nd  monthly  Power 

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Kogi State, Happy over Electricity Supply

Kogi state has started enjoying improved electricity supply and the is ready to savour the services of the completed Geregu Power Plant. “Today, we are glad that there is a relative improvement in the power generation and transmission across Nigeria especially in Kogi,’’ Governor Yahaya Bello said. “The Federal Government has virtually solved all the

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