By Chinenye Ajayi The Federal Government of Nigeria recently announced a policy to halt the importation of solar panels. This decision is intended to promote local manufacturing, reduce forex pressure, and align with Presidential Executive Order No. 5, which emphasises local content in science, engineering, and technology. While well-intentioned, this …
Read More »Lagos Residents Spend N14 Trillion to Power Generators Yearly – Commissioner
…as 4.5 Million Generators Power Homes and Businesses Lagos State Commissioner for Energy and Mineral Resources, Biodun Ogunleye, says residents of Lagos State have spent an estimated N14tn to buy fuel for their power generators annually. Ogunleye said there are about 4.5 million power generators in Lagos homes and offices, …
Read More »NERC Sanctions Ikeja, Eko, 6 Others Discos for Overbilling Unmetered Customers, Imposes N628.03 Million Fine
The Nigerian Electricity Regulatory Commission (NERC) has levied a substantial N628.03 million fine on eight electricity distribution companies, including Ikeja and Eko Discos, for the widespread practice of overbilling unmetered customers, signaling a stern warning against consumer exploitation and noncompliance with the capping of estimated bills for unmetered customers. A …
Read More »How to Empower Nigeria’s Renewable Energy Future
For decades, Nigeria’s power sector has been on shaky ground — struggling with unreliable electricity supply, aging infrastructure, and an overdependence on fossil fuels. Grid collapse has become a recurrent experience, forcing households and businesses to rely on expensive and polluting generators. Amid these challenges, past and present governments always …
Read More »TCN Restores Power Supply after National Grid Disturbance
The Transmission Company of Nigeria, TCN attributes the temporary disturbance on the National grid witnessed earlier in the day to explosion at a transformer in Jebba transmission substation TCN says engineers responded swiftly and activated the protection system which promptly opened the busbars to curtail the explosion, thereby preventing outbreak …
Read More »Eko DisCo Collected N14.9 Billion in March, N17.1 Billion in January – Tinuade
The Managing Director of Eko Electricity Distribution Company (EKEDC) Plc, Dr, Tinuade Sanda, has said that the distribution company collected N14.9billion as of March 28, 2024, and that the DisCo recorded a peak collection of about N17.1 billion in January 2024. Sanda made the post in her Instagram to celebrate …
Read More »Eko Disco Taps Veteran Rekhiat Momoh as Acting Chief Executive
Eko Electricity Distribution Plc (EKEDC), one of Nigeria’s leading power distribution companies, has announced the appointment of Rekhiat Momoh as its Acting Chief Executive Officer, effective March 26, 2024. Momoh takes over from Tinuade Tinuade Sanda, who has been redeployed to WPG Ltd, the core investor that seconded her to …
Read More »Accelerating New Investments in Nigeria’s Multi-billion-dollar Electricity Sector
After more than a decade of reforms and continuous repositioning of Nigeria’s electricity sector to attract private investments, the outlook remains positive and bullish but not much traction has been gained and while it appears that investors are seeking footholds in the sector, efforts must be intensified by stakeholders to …
Read More »Revolutionizing Power Generation: Kelechi Onuigbo Advocates for Hybrid Gas and Diesel Systems
In a groundbreaking statement today, Engineer Kelechi Onuigbo PhD., Head of Power division at PPC Limited and a leading expert in the field of Power systems, underscores the critical need for a sustainable approach to power generation. With a focus on both gas-based and diesel-based generation systems, Engineer Onuigbo emphasizes …
Read More »Tariff Hike: FCCPC Kicks DisCos for Constraints on Electricity Tokens Purchase
The Federal Competition and Consumer Protection Commission (FCCPC) has stated that distribution companies’ customers have the right to vend energy, purchase unlimited electricity token if they want to. The notice from the FCCPC came as a result of the vending constraints experienced by customers in the franchise area of Ikeja …
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