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Tag "Power sector"

Mainstream Energy: Report of Kainji dam’s collapse is fake

    Mainstream Energy: Report of Kainji dam’s collapse is fake

Mainstream Energy Solutions Limited, operators of the Kanji dam, has described reports of the facility bursting its banks as fake news. In a statement on Monday, Olugbenga Adebola, the company’s

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THE INSIDER: Buhari re-appointed NDPHC MD after Osinbajo’s initial objection

    THE INSIDER: Buhari re-appointed NDPHC MD after Osinbajo’s initial objection

Chiedu Ugbo was reappointed managing director of the Niger Delta Power Holding Company (NDPHC) in spite of initial reluctance by Vice-President Yemi Osinbajo, insiders have told TheCable. TheCable understands that

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Foreign investors propose $5bn renewable energy project

    Foreign investors propose $5bn renewable energy project

A consortium of foreign investors looking to invest $5 billion in renewable energy projects across the country presented their proposal to Saleh Mamman, the minister of power, on Monday. According

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Six DisCos declare force majeure over CBN policy on revenue collection

    Six DisCos declare force majeure over CBN policy on revenue collection

Six electricity distribution companies (DisCos) have filed for force majeure over a decision by the Central Bank of Nigeria (CBN) that all revenues should be ring-fenced by the banks, TheCable

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‘N4 for the poor’ — DisCos begin new service-based electricity tariff

  ‘N4 for the poor’ — DisCos begin new service-based electricity tariff

The electricity distribution companies (DisCos) in the country have begun the implementation of the new electricity tariff. TheCable had reported

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Buhari orders mass metering in bid to end estimated billings

  Buhari orders mass metering in bid to end estimated billings

President Muhammadu Buhari has ordered a nationwide metering of electricity consumers in a bid to check estimated billings. In a

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‘Rich’ Nigerians to pay more for electricity as Buhari approves new tariff

  ‘Rich’ Nigerians to pay more for electricity as Buhari approves new tariff

President Muhammadu Buhari, on Tuesday, approved the implementation of the proposed cost-reflective electricity tariff for the Nigerian Electricity Supply Industry

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CBN asks banks to take over electricity bills collection from DisCos

  CBN asks banks to take over electricity bills collection from DisCos

The Central Bank of Nigeria (CBN) has asked banks to take responsibility for collecting electricity bill payments. In a circular

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Nigeria records 5,377MW electricity generation — highest ever

  Nigeria records 5,377MW electricity generation — highest ever

The Transmission Company of Nigeria (TCN) says the power sector has recorded an all-time 5,377 megawatts (MW) peak generation. In

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The politics of electricity tariff

  The politics of electricity tariff

Whether we like it or not, the issue of electricity tariff is a touchy one. In the power sector reform,

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