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Content Act to Cover Power, Other Sectors, say Reps

Content Act to Cover Power, Other Sectors, say Reps

The House of Representatives has said it’s work on the bill that would extend the Nigerian Content Act to other key sectors of the economy such as power, construction, information communication technology and telecommunications is to enable Nigerians enjoy the sectors. Members of the House of Representatives Committee on Local Content led by its Chairman,


10,000 MW Generation: Operators Disagree With Fashola

Stakeholders in the power sector have disagreed with Minister of Power, Works and Housing, Babatunde Fashola on generation of 10,000 megawatts (Mw) of electricity in the next two years. Fashola had at a forum in Abuja said the country is geared up to improve power supply considerably by generating 10,000Mw of electricity soon. According to


Senate May Seek PHCN Privatization Reversal

Bewildered senators were yesterday told that Electricity Distribution Companies (DisCos) are technically bankrupt. Chairman, Senate Committee on Privatisation, Senator Ben Murra- Bruce, told his colleagues that the way out of the worsening power situation in the country was to revisit the privatisation of the defunct Power Holding Company of Nigeria (PHCN). Senator Murray-Bruce spoke following


Senate Debates Power Sector Crisis

Fresh but hard facts emerged yesterday on Nigeria’s ailing power sector at the Senate as senators submitted that the sector is in a comatose situation and in dire need of emergency response. The lawmakers said that because the distribution companies are bankrupt and cannot procure meters, the entire privatisation of the power sector should be


NEMSA: Power Sector’s Electrocution Record Peaked in April

Nigeria’s power sector recorded its worst monthly electrocution record in April 2017, when it reported 17 deaths across the country, the Nigerian Electricity Management Services Agency (NEMSA) has said. NEMSA disclosed in its monthly safety report and ranking of the 11 electricity distribution companies (Discos) and Transmission Company of Nigeria (TCN) which it presented to


Fashola: Over 2 million Nigerians Benefitting From Solar Products

Babatunde Fashola, minister of power, works and housing, says there are currently 2.23 million Nigerians benefitting from solar products. The minister said this in Abuja on Tuesday while inaugurating a 125 KVA (100KWp) solar power project executed by Protergia Energy for House on the Rock ministry‎., Fashola said the country’s journey to stable electricity is


TCN: Discos Reject Generated Electricity Loads Allocated to Them

The Transmission Company of Nigeria (TCN) has disclosed that the 11 electricity distribution companies (Discos) have not stopped the practice of rejecting generated electricity loads allocated and sent to them for onward distribution to customers in their distribution networks. The company also said that the Discos monthly financial remittances to the electricity market are still

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