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Tinubu blames privatization for current power sector crisis

Electricity featured

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Tag: power grid

Electricity featured

Tinubu blames privatization for current power sector crisis

President Bola Ahmed Tinubu has declared that Nigeria is currently on the right path notwithstanding the persistent challenges facing the power sector. During a recent engagement monitored on Channels Television, the President attributed the nation’s ongoing electricity struggles to what he described as poorly executed privatisation by previous administrations. He expressed a strong sense of […]

The vice president of Nigeria, Prof. Yemi Osinbajo
Business

Nigeria on track to full electrification – Osinbajo

Vice President, Prof. Yemi Osinbajo has stated that Nigeria is on track to achieving national energy access in the next decade. Osinbajo made this statement on Tuesday during the commissioning of the Afam3 Fast Power 240-megawatt turbine in Rivers State. The project, which was executed in collaboration with General Electric and the Federal Government is […]

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
  • 17th August 2022
  • 0 Comments
  • 265 Views
Power generation dropped 43mw after worker's strike - FG
Energy

Blackout to worsen as 20 power plants underperform

No fewer than 20 gas power plants are currently under-performing, forcing power generation to drop below 2000MW. Nigeria has 23 power generating plants with 11 165MW capacity connected to the national grid. Out of the 23, two are hydro plants. These plants are managed by generation companies (GenCos), independent power providers, and Niger Delta Holding […]

Electricity Energy News

Grid collapse: Group demands audit of power sector under Buhari

Civil rights advocacy group, Human Rights Writers Association of Nigeria, on Sunday, said it is disturbing that under the watch of the President, Major General Muhammadu Buhari (retd.), the national power grid is collapsing intermittently even after humongous investments. HURIWA, in a statement by its National Coordinator, Emmanuel Onwubiko, lamented that despite trillions of dollars […]

  • kayode
  • 11th April 2022
  • 0 Comments
  • 288 Views

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