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Posted By Admin on 6th Oct 2017   

The electricity Generation Companies (GenCos) on Wednesday, said that despite the increased capacity to produce power, electricity supply has not improved in the country due to deeming capacity. It explained that most of the newly added capacities have been constrained…

Posted By Admin on 6th Oct 2017   

The Transmission Company of Nigeria on Wednesday said it wheeled out 105,535.8 megawatts of electricity in September. The News Agency of Nigeria reports that this was an increase of 10,577.1 megawatts over 94,958.7 megawatts wheeled out in August. The daily statistics of…

Posted By Admin on 6th Oct 2017   

Seven Energy says it has satisfactorily met all the conditions precedent to the long-term Gas Sales Agreement, GSA, for the supply of gas by Accugas Limited to the Calabar Integrated Power Project, IPP. The Calabar GSA which ticked off on…

Posted By Admin on 5th Oct 2017   

Vice President Yemi Osinbajo said yesterday that the new metering factory in Onna local government area of Akwa Ibom State would complement federal government’s resolve to ensure that Nigerians enjoy a steady and efficient electricity supply. The Vice President commissioned the…

Posted By Admin on 5th Oct 2017   

The Lagos State government yesterday said it is more interested in gas to generate power to run the engine of its economy. It has therefore urged the Federal Government to allocate the remaining oil blocks in the Dahomey basin for…

Posted By Admin on 5th Oct 2017   

Africa has an immense energy crisis. In a continent with a population of close to 1 billion, over 625 million people are without power. According to the International Energy Agency, that makes up 68% of the population. This is ironic…

Posted By Admin on 5th Oct 2017   

Distribution Companies (Discos) in Nigeria’s power sector suffered capital expenditure (capex) shortfall of $198million (N71.2billion) in the last three years. The Federal Government, which made this disclosure in the Power Sector Recovery Programme (PSRP), said the DisCos face many challenges…