President Bola Tinubu, on Monday, said Nigeria’s power sector privatisation had failed to meet its objectives, as the national grid was serving only about 15 per cent of the country’s electricity demand despite being privatised 10 years ago. President Tinubu, who spoke during the Nigeria Electricity Supply Industry market participants and stakeholder roundtable that focused on privatisation, also called for …

One Ulim Amos Udo of Udianga Enem village, Etim Ekpo Local Government Area of Akwa Ibom State, has lost his life while trying to steal electric cables belonging to the community. It was gathered that the electric pole crashed with the suspected cable thief to the ground, killing him in the process. Community sources told Newsmen on Sunday that the …

The British Deputy High Commissioner to Nigeria, Gill Atkinson has said that the new provision for state governments to generate, transmit, and distribute electricity is critical in reducing the energy deficit in Nigeria. She disclosed this in Abuja at the just concluded two-day roundtable meeting on Nigeria’s Electricity Act 2023 jointly convened by the Nigeria Governors’ Forum (NGF) and the …

A former Minister of Power, Prof. Barth Nnaji, has alleged that diesel suppliers and generator dealers are sabotaging efforts for Nigerians to enjoy regular power supply. Nnaji made this known while featuring in a radio programme, captioned: “The South East Political Roundtable” by Flo FM, Umuahia on Wednesday. Nnaji said that the endless breakdown of the national grid had remained …

  The Rural Electrification Agency (REA) has announced a partnership with CrossBoundary Energy Access Assets Nigeria Limited, a subsidiary of CrossBoundary Access, a leading project financer of mini-grids in Africa, and ENGIE Energy Access Nigeria, a leading provider of solar home systems and mini-grid solutions. This collaboration is set to bring clean and stable electricity to 15 rural communities spread …

The Nigerian Electricity Regulatory Commission (NERC), on Wednesday, said that the Federal Government paid a total of N135.23 billion to subsidise electricity consumption in the second quarter of 2023. This was made known in the commission’s Q2, 2023 report. NERC said that the N135.2 billion was spent by the FG to plug revenue generation shortfall in the power sector in …

Polaris Bank has expressed its commitment to partner with Millwater to deliver uninterrupted power to industrial clusters in Nigeria in order to accelerate the industrialisation drive of the current administration. While giving the assurance on the sidelines of the recent Agbara Business Roundtable in Agbara, Ogun State, Polaris Bank’s Executive Director (Lagos and Corporate Banking), Chinwe Iloghalu, who represented the …

Eight days after the collapse of one of its main feeders in Aba, Abia State, which resulted in a weeklong blackout in some key places in the foremost Southeast industrial city, the Transmission Company of Nigeria (TCN) has restored power to these places. The restoration was done on Sunday, according to a TCN engineer in Aba who was part of …

The Jos Electricity Distribution Company has expressed sadness over Saturday’s transformer explosion which left no fewer than six persons dead in the Kabong community, Jos North Local Government Area of Plateau State. The fire incident which was a result of the explosion, left several others wounded and destroyed residential buildings, including shops within the vicinity. In a statement on Saturday, …

The Federal Government has grown the power capacity of the national grid from 13,000 megawatts (MW) a few years ago to about 14,000 MW. This was done through the Association of Power Generation Companies (APGC), according to its Executive Secretary, Dr. Joy Ogaji. On the sidelines of the Association of Energy Correspondents of Nigeria’s 2023 annual international strategic conference last …