Tag Archives: Chairman of NERC

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Gas Supply, Electricity Billing Stalls Nigeria Power Sector, Two Years After Privatization

Gas Supply, Electricity Billing Stalls Nigeria Power Sector, Two Years After Privatization

Two years into the privatisation of the power sector, electricity supply in the country continues to hover between 3,500 megawatts and 4,500 megawatts, as was the case before the unbundling of the defunct government-owned Power Holding Company of Nigeria. The nation’s power sector, which was largely handed over to private investors on November 1, 2013, is

TUC vows to resist increase in electricity tariff

Trade Union Congress of Nigeria, TUC, has said it would resist any attempt to raise electricity tariff, which it said was already prohibitive. In a statement issued yesterday signed by Comrade Bobboi Bala Kaigama, President and Comrade Musa Lawal, Secretary-General, the TUC said any tariff hike would be an invitation to anarchy. In the statement

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FG Adds 370 Million Gas Supply to Generate 5,000MW By December

In a bid to address the shortfall of electricity supply being experienced in the country, the Federal Government has developed short term intervention strategy to add 370mmcf/d gas supply that will push up power generation capacity to 5,000 megawatts within the next five months. This step is under a new cross sectoral approach conceived by

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Electricity Council Proposes N160 Billion Annual Funding Benchmark for TCN

The recently constituted National Council on Power (NCOP) has recommended that a minimum of N160 billion be made available to the Transmission Company of Nigeria (TCN) to take care of its annual expenditure on operations. NCOP however stated that about 75 per cent of such fund, depending on its source should be expended on meeting

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