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‘Why States, Workers are Yet to Get 10% Equity in DisCos’

‘Why States, Workers are Yet to Get 10% Equity in DisCos’

The Director-General of the Bureau of Public Enterprises (BPE), Alex Okoh, has offered reason for the inability of the Federal Government to allot the 10 per cent equity shareholding in the privatised power distribution companies to the workers. According to him, some state governments are yet to furnish the Nigerian Electricity Regulatory Commission (NERC) with

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Solve Electricity; Solve Nigeria’s Economy

The creation story of old sets the scene in which the heavens and the earth were covered in darkness. Then there was light. Light was separated from darkness, because light was good. As the story goes, from the start, light was fundamental to the survival, growth and prosperity of man. A significant thread that would

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The Power Transmission Challenge

LAST month, the Association of Power Generation Companies (APGC) reminded the nation that it had the capacity to generate 12,000 megawatts (MW) to reduce the shortfall in electricity supply in the country. Speaking at the Federal Capital Territory, Abuja, the Executive Secretary of APGC, Mrs. Joy Ogaji, said that the generating companies (GENCOs) in the

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The Trouble With Nigeria’s Electricity Sector

Less than a half of Nigerians have access to the national electricity grid. Businesses across Nigeria have resorted to the use of generators to power their facilities. Drivers who drive at night have accepted the reality that there will be little or no street lighting. Some Nigerian homes have acquired two or more generators as

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Unreliable, Costly Access to Energy Hampers Industrialisation – Kaduna Electric Boss

The failure of the industrialization programmes of the 1970s and the early 80s especially in Northern Nigeria has been attributed to, among other factors, unreliable and costly access to energy. The Chairman, Board of Directors of Kaduna Electric, Alhaji Yusuf Hamisu Abubakar made the assertion in a paper titled “Electricity as an Essential Component for

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We have Built a Deep Knowledge of the Power Market Framework

Rahila Thomas plays a significant role in Nigeria’s power sector as lead driver of EMRC, a global leader in energy regulations and transactions. Since inception; the company previously known as Mercados has provided strategic advice and support to regulators, distributors, investors and operators in the power sector. In this interview Thomas sheds some light on

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