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Tag: electricity supply

Why Nigeria needs 33,000MW for stable power supply – DisCos
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Why Nigeria needs 33,000MW for stable power supply – DisCos

The Association of Nigerian Electricity Distributors, has explained why the country needs to generate about 33,000 Megawatts to have stable electricity. According to The PUNCH, the Executive Director, Research and Advocacy, Mr Sunday Oduntan, during a stakeholders meeting in Yola, stated that the nation needs about 33,000 Megawatts to cover its ever increasing population. Oduntan […]

Energy

Power generation hits 4,173.20MW in 24 hours

The Nigerian energy supply increased to 4,173.20Mw on Wednesday from a total of 2,931Mw on Tuesday, reports have revealed. According to Economic Confidential, only 17 power plants were in functioning as of Tuesday because several Generation Companies were told to shut down starting at midnight by the National Control Center, Oshogbo, due to high frequency. […]

Electricity customers paid N210.17b in three months - NERC
Electricity

Electricity workers suspend indefinite strike

Less than 24 hours after embarking on a nationwide strike, the electricity workers under the joint umbrella of the National Union of Electricity Employees and Senior Staff Association of Electricity and Allied Companies have suspended their industrial action for two weeks. AMBusiness reported that a blackout was experienced across the country after the striking workers […]

  • enitan
  • August 17, 2022
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Power generation dropped 43mw after worker's strike - FG
Electricity

Power supply to increase by 2,000MW – Official

An industry official has revealed that power supply is expected to increase by 2000 megawatts, thereby increasing supplies to homes and businesses and promoting economic productivity across the country. This is as the Federal Government of Nigeria Power Company and other stakeholders in the Presidential Power Initiative await the arrival of the first two energy […]

Electricity

Consumers kick as DisCos’payment to Gencos drop by 50%

Electricity distribution companies’ payment to generation companies for electricity generation has dropped by 50 per cent. According to industry data, DisCos were unable to pay GenCos full payment for the quantity of power generated in January 2022. As a result, the generation companies recorded a 50 per cent revenue shortfall. A breakdown of the data showed […]

Energy

Nigeria needs 100,000MW to end power crisis – Ex-minister

A former Minister of Power, Prof. Barth Nnaji, says Nigeria needs over 100,000 megawatts of power to address the persistent electricity problem across the country. Nnaji said this while addressing newsmen on Friday in Enugu on the state of the power sector in Nigeria. He attributed the problem in the sector to the supply value […]