The pan-Yoruba socio-political group, Afenifere, expressed concern on Saturday about the rising cost of energy, stating that it negatively affects not only the economy but also health and security. Afenifere’s comments follow the sharp increase in petrol prices, with a litre now costing between N1,000 and N1,400, while the price of cooking gas has risen […]Read More
Egbin Power, Nigeria’s largest power generation company, has highlighted the need for stronger collaboration among stakeholders in the energy sector to drive the country’s socio-economic growth. Speaking at the 2024 Nigeria Energy Conference in Lagos, Egbin Power’s CEO, Mokhtar Bounour, stressed the importance of unity in the sector during a panel session themed “Gas to […]Read More
Nigerians have again been plunged into darkness after the national power grid collapsed for the third time in a week. The constant power outages have only deepened frustrations across the country, affecting businesses, homes, and essential services that rely on a stable electricity supply. The latest grid failure occurred early Saturday morning, leaving many states […]Read More
Eko Electricity Distribution Company (EKEDC) is preparing to enhance its operations by introducing the All-In-One (AIO) Vending Platform, designed to boost customer service and simplify the process of purchasing electricity tokens. The upgrade will commence today, October 18, 2024, and is expected to be completed by 6 am on Monday, October 21, 2024. According to […]Read More
The Rural Electrification Agency (REA) has stated that it just crystallised $750 million in funding that would provide electricity access to 17.5 million Nigerians. According to the agency, 1.5 million Nigerians grew interconnected mini-grids to enhance electricity reliability. “Three million of them grew isolated mini-grids to create electricity access for the first time, and about […]Read More
At least 90 people are feared to have died after a petrol tanker explosion occurred along the Kano-Hadejia expressway in Taura Local Government Area, Jigawa state. The death toll from the blast, which took place on Tuesday evening in Majiya, a village, is expected to increase. Shi’isu Adam, the Police Spokesperson for Jigawa state, confirmed […]Read More
The Transmission Company of Nigeria (TCN),says the cause of the sixth grid collapse this year which threw the nation into blackout on Monday, is still unknown. Investigation into the cause of the incident will be carried out as soon as the grid is fully restored,Ndidi Mbah, the General Manager, Public Affairs,TCN said in a statement […]Read More
Nigerians were once again left without electricity after the national grid collapsed on Tuesday morning, less than 24 hours after a previous failure on Monday evening. According to data from the Nigerian System Operator’s portal (niggrid.org), the grid recorded an unprecedented drop to zero Megawatts (MW) by 9:30 am on Tuesday, despite showing an improvement […]Read More
The Nigerian power grid collapsed once again on Monday, 19 October 2024, marking the sixth time this year that the entire country has been plunged into total darkness. According to data from the Nigerian System Operator’s portal (niggrid.org), by 7:00 pm and at the time this report was filed, the grid had registered an unprecedented […]Read More
Nigerian Electricity Distribution Companies (DisCos) generated N431.16 billion in revenues from customers during Q2 2024, reflecting a collection efficiency of 79.31%. This information is detailed in the quarterly report of the Nigerian Electricity Regulatory Commission (NERC) for the second quarter of 2024. The revenue was based on a total billing of N543.64 billion, marking a […]Read More
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