Tag Archives: Electricity

620m Africans don’t have access to electricity: Kofi Annan

620m Africans don’t have access to electricity: Kofi Annan

Mr Kofi Annan, former Secretary General of the UN, said over 620 million Africans lack access to electricity and that 300 million would still lack access by 2040, a decade after the UN target of developmental goals for universal energy. “This is intolerable, avoidable and profoundly unfair. It leaves the World’s poorest people to pay the

Nigeria Loses $100 Billion To Daily Blackout

The country, which is Africa’s biggest oil producer, is still experiencing power generation bottlenecks, which previous governments had spent huge funds on, in efforts to provide electricity to Nigerians. Electricity has continued to threaten Nigeria’s role as a destination for investors, as confirmed by the latest “World Bank’s “Doing Business Report’, which places Nigeria in 189th

Electricity: NERC orders review of fixed charges

The Nigerian Electricity Regulatory Commission, NERC, has directed electricity Distribution Companies (Discos) to urgently restructure their fixed charges in order to ensure no Nigerian is made to pay for electricity not consumed. The Discos have also been directed to discontinue the practice of bulk metering. The action of NERC is in line with an earlier

Regulator threatens electricity firms for exploiting unmetered customers

Dissatisfied with the level of implementation of the Credited Advance Payment for Metering Implementation by majority of the power distribution companies, the Nigerian Electricity Regulatory Commission has said it will soon commence enforcement of compliance with the terms of of their operational license. Consequently, the Commission said on Thursday that the DISCOs have been given

DISCOs seek Presidency’s help over alleged N7b debt

ELECTRICITY distribution companies (DISCOs) has lamented how the debts allegedly owed them by Ministries, Departments and Agencies (MDAs) are crippling the electricity sector. They therefore, called on the Presidency to come to their aid and direct security agencies and other government bodies to pay up their debts. The DISCOs, which have come under the umbrella

Power Generation Rises to 3,874.96 MW

Nigeria’s power generation has recorded a new milestone by increasing from 3,655.12 MEGAWATTS HOUR/HOUR (MWH/H) it recorded last week to 3,874.98 MWH/H as at yesterday. The Presidential Taskforce on Power, which made this disclosure yesterday in its generation report, showed that power distribution has increased from 3,565.09 MWH/H to 3,773.90 MWH/H, which is far less


Nigeria’s Electricity Generation Increases by 114.7MW

Nigeria’s electricity generation has increased by 114.7megawatts (MW) from 3,060.35 MW it recorded two weeks ago to 3,175.05MW as at 19th April 2015, according to data from the Federal Ministry of Power and Presidential Task Force on Power. This is still below the peak generation level of 4,517.6MW achieved three years ago. The country’s power


Nigeria has Capacity to Deliver 5,500mw of Electricity, Loses N1.5bn Yearly to Vandalism, says Nebo

The Minister of Power, Prof. Chinedu Nebo, said on Friday that the Federal government had the capacity to deliver 5,500 megawatts of electricity to Nigerians regularly if there was adequate gas supply. Nebo said this when he fielded questions from State House correspondents after the meeting of the Board of the Niger Delta Power Holding

Powered by Nextier