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 …

Nigeria’s available power generation capacity has plunged by 2,324 megawatts due to deteriorating plants/units’ capacities and poor maintenance caused by liquidity challenges, among others, the Federal Government has said. It stated that though the country’s installed power generation capacity increased marginally, the quantum of available power crashed by over 2,300MW between 2015 and 2022. An analysis of the latest 2022 …

The Taraba State Police Command on Monday confirmed the electrocution of a family of four around Dinyavo area of Jalingo, the state capital. The command’s Public Relations Officer, Superintendent Abdullahi Usman said that the incident happened around 11:00 a.m. on Monday. “We suspect it resulted from a power surge”, he said. “At about 11:00 a.m. on Monday, we were reliably …

Between 2021 and 2023, the Nigerian Electricity Regulatory Commission (NERC) increased the price of single-phase and three-phase pre-paid twice, jerking up their prices by 83 per cent and 145 per cent, respectively. The increase affected the Meters Asset Provider (MAP) scheme which allows for third-party financing of meters across the country, Daily Trust report. The price increase led to single-phase …

The Minister of Power, Adebayo Adelabu, has said exploring renewable sources like solar, hydro, and wind, will not only reduce carbon emissions but also spur economic growth and job creation. A statement made available to newsmen on Thursday said he disclosed this at the ongoing Nigeria Energy Exhibition and Conference in Lagos. The conference, which was organised by Informa Markets …

Nigeria’s national grid collapsed once more on Tuesday when power generation crashed from a peak of 3,594.60 megawatts at midnight to an alarming low of 42.7MW by midday. Subsequently, at Noon, only the Delta Power plant was operational on the grid, contributing 41MW, while Afam generated 1.7MW. The grid failure was particularly impactful on the commercial hub of Lagos, where …