Babatunde Fashola, minister of power, works and housing, says the country is generating 7,000 mega watts of electricity.Fashola said this on Friday while speaking at a retreat for top directors, heads of units and chief executives of agencies and parastatals in his ministry.The minister said as of three years ago, power generation was a problem as the country was 2,690 [...]
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Babatunde Fashola, minister of power, works and housing, has reacted to claims by electricity distribution companies (DisCos) that he misled Nigerians on power generation capacity.Sunday Oduntan, executive director, Association of Nigerian Electricity Distributors (ANED), the umbrella body of DisCos, had said the federal government lied about an improvement in power generation.In a statement on Friday, Fashola said Nigerians can testify to the [...]
President Muhammadu Buhari on Friday signed an executive order to restrict corrupt suspects access to their assets seized during investigation.As part of the benefits of the order, Buhari said an equivalent of about 57% of the monies recovered from high-profile corruption cases would be used for reconstruction and repair of 13 roads across the country.Below is a story map of [...]
Stakeholders in the power sector have kicked against the bill to criminalise estimated billing.Babatunde Fashola, minister of power, works and housing, the Nigerian Electricity Regulatory Commission (NERC) and the Association of Nigerian Electricity Distributors (ANED) opposed the bill proposed by the house of representatives.According to the stakeholders, the bill will worsen the electricity situation in the country.At a public hearing [...]
Babatunde Fashola, minister of works, power and housing, asked the contractors to improve the quality of the house they built in Birnin Kebbi.On an inspection visit to the project sites, the minister said the federal government will not accept the project if it is not carried out within specifications.He observed that most of the roofing of the bungalows in the [...]
Babatunde Fashola, minister of power, works and housing, and Bola Tinubu, a national leader of the All Progressives Congress (APC), embraced each other at a public function where they met recently.There have been reports that both men, who are former governors of Lagos state, are not in good terms.Fashola was one of the guests at the 10th Bola Tinubu Colloquium [...]
The federal executive council (FEC) has approved N47 billion for the repair of three roads.The roads to be rehabilitated are Baban Lamba-Sharam road in Plateau state, Lagos-Ota-Abeokuta and Enugu-Port Harcourt road.Speaking with journalists after the FEC meeting presided over by Vice-President Yemi Osinbajo, Babatunde Fashola, minister of power, works and housing, said the Lagos to Abeokuta road was first awarded in [...]
The supply of prepaid meters is expected to increase as the Nigerian Electricity Regulatory Commission (NERC) has introduced a new class of operators to the electricity industry.The operators, to be called meter asset providers, will be saddled with the responsibility of providing meters and replacing faulty devices within 48 hours.Speaking at the unveiling of the new regulation on Monday in [...]
Babatunde Fashola, minister of power, works and housing, says he is not afraid of law courts following a suit filed against the government by some power generating companies (GenCos). The GenCos had levelled accusations against the government regarding “special treatment” that allegedly favoured two power generating companies - Azura Power West Africa Limited and Accugas Limited.April 16 has been fixed [...]
Nigeria's power crisis is in for more shocking waves as 13 power generation companies (GenCos) have sued the federal government for giving "preferential treatment" to two competitors with intent to harm the business interests of the others.The GenCos, who said they are on the verge of collapse over debts in excess of N1 trillion, currently generate 80% of the power consumed in [...]
Babatunde Fashola, minister of power, works and housing, says Nigeria is a great country which should not be compared to other countries.The minister made this statement while answering questions at a workshop on the power sector recovery programme (PSRP).He said people needed to understand power dynamics before making statements."When people say Germany is exporting power, your country is exporting power [...]
Disguised, for two weeks, as a desperate customer in need of a prepaid meter, TAIWO ADEBULU investigates racketeering rings among officials of Ibadan Electricity Distribution Company (IBEDC). In this report, he details how the officials source for prepaid meters from local producers, vend them in the black market to extort customers who can part with a huge sum for the [...]
Babatunde Fashola says the works arm of his three-fold portfolio did not carry out any capital project in 2017.Fashola, who heads the ministry of works, power and housing, made this known on Wednesday when he appeared before a senate committee to defend the ministry's 2018 budget.He attributed the situation to the late passage of the 2017 budget."The 2017 budget was [...]
The federal executive council (FEC) has approved a new framework to expand the 33KVA and 11KVA electricity transmission lines in the country.The framework will ensure distribution of 2,000 megawatts of generated energy currently not being distributed from power stations.FEC gave the approval on Wednesday during the council’s weekly meeting.Addressing state house correspondents after the meeting, Babatunde Fashola, minister of power, [...]
Babatunde Fashola, minister of power, says the country currently has 2000 megawatts of electricity that is idle because it cannot be distributed.Fashola said the power is not being utilised because manufacturers have not shown interest in making use of it.The minister made this known at the January 2018 edition of the monthly power sector operators’ meeting in Lafia, Nasarawa."I will [...]
The ministry of power says the Transmission Company of Nigeria (TCN) successfully transmitted 5,222 megawatts of power to the national grid, the highest transmission in the country's history.The ministry announced this in a tweet on Tuesday morning."The Transmission Company of Nigeria, (TCN) recorded a new national peak with the transmission of 5,222.3 mega watts (MW) of electricity into the national [...]
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