Tag: Electricity

Breaking: FG Reduces ElectricityTariff for Band A

6May

By adminNo Comments

Breaking: FG Reduces ElectricityTariff for Band A

The Federal Government has approved a reduction in electricity tariffs for Band A customers to N206.80/kWh, down from N225/kWh in Nigeria. Band A customers are defined as electricity consumers receiving a minimum of 20 hours of power supply daily. See Also: Power Tariff Hike: FG Discontinues Electricity Subsidy In a notice issued to its customers on Monday, Ikeja Electric announced the tariff adjustment, stating: "Please be informed of the downward tariff review of our Band A feeders from N225/kWh to N206.80/kWh effective May 6, 2024, with guaranteed availability of 20-24hrs supply daily. The tariff for Bands B, C, D, and E remains unchanged." Further details on this development are forthcoming.

It’s Tariff Hike or Total Blackout – Minister of Power

30Apr

By adminNo Comments

Economy, News, Nigeria, Power

It’s Tariff Hike or Total Blackout – Minister of Power

Nigerians appear to be facing a choice between complete power blackout or tariff hike. This is the conclusion going by the statement issued by the Minister of Power, Adebayo Adelabu. According to him, Nigeria faces a looming threat of nationwide power cuts within three months if the government doesn't proceed with the electricity tariff hike. The Minister delivered this warning during a meeting with the Senate Committee on Power. Adelabu explained that Nigeria's power sector is in trouble due to a huge debt of N3 trillion. To avoid a blackout, the government needs to raise electricity tariffs. Adelabu said they need N2.8 trillion to subsidize electricity for the rest of the year. See Also: Power Tariff Hike: FG Discontinues Electricity Subsidy He also shared that Nigeria needs $1...

<strong>Why Power Fluctuates In Parts Of Nigeria – DisCos</strong>

22Jan

By Mary UgwuanyiNo Comments

News, Nigeria, Power

Why Power Fluctuates In Parts Of Nigeria – DisCos

The electricity distribution companies, DisCos, in the country have warned that customers will experience a reduction in power supply for an indefinite period. This was disclosed in separate statements issued on Saturday by Abuja, Kano, and Ikeja electricity distribution companies (KEDCO, AEDC, and IKEDC). The DisCos said the shortage of electricity supply is as a result of “insufficient load allocation received”. IKEDC said, “We apologise for the current poor power supply you have been experiencing in certain parts of our network lately. This is due to the inadequate allocation received, hence the load shedding. “We regret the inconvenience this has caused and wish to assure that we are engaging the responsible stakeholders in the electricity value chain to improve the si...

19Aug

By Mary UgwuanyiNo Comments

News, Nigeria

My Plan For Power Sector – Atiku

Atiku Abubakar, the presidential candidate of the Peoples Democratic Party, PDP, has reacted to the strike by the National Union of Electricity Employees, NUEE, which threw Nigeria into darkness. The PDP presidential aspirant promised to transform the power sector if elected President in the 2023 general election. Recall that the electricity workers on Wednesday went on a strike over welfare issues which resulted in a total blackout. The union, however, suspended the strike after an emergency meeting with the Minister of Labour and Employment, Chris Ngige. Reacting to the development, Atiku in a post on his Facebook page on Thursday debunked alleged interest in any generator company. He stated, “In this regard, my approach is to first remove the entire electricity value...

18Aug

By Mary UgwuanyiNo Comments

News, Nigeria

Electricity Workers Suspend Strike

The National Union of Electricity Employees, NUEE, has suspended its nationwide strike. The suspension followed an emergency meeting with Chris Ngige, the Minister of Labour and Employment on Wednesday. Olajide Oshundun, the minister’s spokesperson disclosed that Ngige intervened in the strike. See Also: ASUU Strike: Hope At Last As FG, ASUU Resolve IPPIS, UTAS Dispute Joe Ajaero, the NUEE Secretary General, gave the assurance that electricity would be restored across the country later on Wednesday. Earlier on Wednesday, members of the union shut down all Transmission Companies of Nigeria, TCN, offices. At the time of filing this report, our correspondent confirmed that electricity has been restored in some parts of the country in the late hours of Wednesday. Sour...

ASUU Strike: Unease As Electricity Workers Declare Readiness To Join NLC Protest

24Jul

By Mary UgwuanyiNo Comments

Labour, News, Nigeria, Power

ASUU Strike: Unease As Electricity Workers Declare Readiness To Join NLC Protest

Power sector workers have declared readiness to join the protest scheduled by the Nigerian Labour Congress, NLC, to persuade the federal government to resolve the lingering strike by the Academic Staff Union of Universities, ASUU. The workers under the auspices of the National Union of Electricity Employees, NUEE, confirmed its readiness in a memo issued by its General Secretary, Joe Ajaero, after a meeting of the central working committee and national working committee. According to the memo, all members were directed to “massively mobilise and actively participate in the NLC/ASUU solidarity protest”. Ajaero called on vice presidents, state/administrative councils and chapter secretaries to collaborate with the leadership of state executive councils for “a successful outing”...

National Grid Collapse: TNC Offers Update

21Jul

By Kosi UchennaNo Comments

News, Nigeria, Power

National Grid Collapse: TNC Offers Update

Following the collapse of the national grid on Wednesday, the Transmission Company of Nigeria, TCN, has said that the repair is at the final stages. This was disclosed by the TCN General Manager, Public Affairs, Mrs. Ndidi Mbah, in a statement issued to journalists. According to Mbah, although the national grid experienced challenges around 11:27a.m on Wednesday, the repair was at the final stages as at 11:0p.m. She said, “The incident was as a result of a sudden drop in system frequency from 49.94 Hertz (HZ) to 47.36Hz, which created system instability,” she said. See Also: Nigerians Experience Power Blackout As National Grid Collapses Again Hertz is a unit of frequency that replaces the earlier term of one cycle per second (cps). According to the general manager, r...

World Bank To Fund $900 Million Development Projects In East Congo

10Jun

By Chukwuebuka FestusNo Comments

African Development, Congo, Economy, News, Women Empowerment

World Bank To Fund $900 Million Development Projects In East Congo

The World Bank and Congo have signed two funding conventions of$900 million to boost female entrepreneurship and access to water and electricity in the east and west of the country, the Bank said in a statement. The projects will focus on Congo's central west Kasai province and eastern regions. Read Also: 20 Million Farmers In Africa To Benefit From $1.5 billion Emergency Food Facility "These operations supplement a portfolio of operations focused on reinforcing human capital and protecting the poorest households - including women - against socio-economic hazards," World Bank Congo Director said in a statement dated Tuesday but seen by Reuters on Wednesday. The deal was clinched at the end of a two-day visit to Congo by the World Bank's strategy and operations director for...

Power Generation Crashes By 903MW, National Grid Crisis Persists

20Apr

By Chinedu IbeakanmaNo Comments

News, Nigeria, Power

Power Generation Crashes By 903MW, National Grid Crisis Persists

Power The latest figures on Nigeria’s power grid performance released on Tuesday showed that the quantum of electricity generated on the grid had continued to fluctuate, as it fell by 903 megawatts on Monday, April 18, 2022. Nigeria’s electricity grid has been characterised by some sort of instability lately, witnessing about four different grid collapses in less than two months. A document on the country’s 24-hour grid performance, obtained from the Federal Ministry of Power in Abuja on Tuesday, showed that the fluctuation of electricity generated on the grid had yet to abate. It was observed that while peak power generation on the grid at 22.00 hours on April 17, 2022 was 3,829.7MW, it crashed to 2,926.8MW at 03.00 hours the next day. This implies that power generation on...

Electricity, Water Supply Didn’t Cease For 7 Months I Was In Benin Republic Prison – Sunday Igboho

11Apr

By Obiajulu Joel NwoluNo Comments

News, Nigeria, Power

Electricity, Water Supply Didn’t Cease For 7 Months I Was In Benin Republic Prison – Sunday Igboho

Sunday Igboho Yoruba Nation agitator, Sunday Adeyemo, popularly known as Sunday Igboho, said he was surprised that he spent seven months in Benin prison without any power blackout or running out of water. Igboho said there would have been no reason for agitation in Nigeria if the government had developed the country and protected the lives and property of the citizens the way the government of Benin Republic had done for its people. Igboho, who spoke during a conversation with the leader of the Ilana Omo Oodua, Prof Banji Akintoye; his deputy, Prof Wale Adeniran, and a few others in the Republic of Benin, said, “Wht was the cause of my coming out and running around to go demand a better country? “If Nigeria were to be like the Benin Republic of today, what would have made me co...