Tag "power supply"

    Power grid has suffered 206 collapses in nine years — and here’s why

Power grid has suffered 206 collapses in nine years — and here’s why

BY FIDELIS MAC-LEVA & SIMON ECHEWOFUN SUNDAYNigerians woke up on Wednesday, May 8, to a nationwide power outage that cut off power from many homes and factories leading to reduced load allocations to the distribution companies (DisCos).At about 5:29am the following day (Thursday, May 9, 2019), the grid collapsed again, compounding the nation’s energy challenge. Checks by Daily Trust Foundation [...]

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    SHOCKER: Aso Rock got N15bn for cars, generators and travels in 10 years

SHOCKER: Aso Rock got N15bn for cars, generators and travels in 10 years

Nigeria’s seat of power got N15 billion for cars, generators and travels between 2010 and 2019.Budget documents analysed by TheCable showed that in those years, a total of N664 million was allocated to generators, while local and international trips gulped N7 billion and cars got N7.32 billion.Within the period that Aso Rock got the huge resources, US-based Brookings Institution rated [...]

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    Buhari on power supply: Our performance not good enough

Buhari on power supply: Our performance not good enough

President Muhammadu Buhari says the performance of his administration in the power sector was “not good enough”.Buhari, however, called for more efforts by electricity distribution companies to provide the needed resources and technical expertise in order to deliver on their mandate.Femi Adesina, his special adviser on media and publicity, quoted him as saying this when he addressed members of the [...]

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    Fitch: Power supply shortages, insecurity will dampen Nigeria’s growth outlook

Fitch: Power supply shortages, insecurity will dampen Nigeria’s growth outlook

Fitch, a global credit rating agency, says Nigeria’s medium-term growth outlook will be slowed down by “acute” supply shortages in the power sector and security challenges.Presently, the country generates about 7000 megawatts (MW) of available electricity, with an installed capacity of about 12,000MW and distribution way below 4000MW.However, Nigeria’s energy need is 170,000MW given its population of 201 million, according [...]

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    Report: DisCos require $10bn investment to improve electricity supply in 5 years

Report: DisCos require $10bn investment to improve electricity supply in 5 years

The French Agency for Development (AFD) says the 11 electricity distribution companies (DisCos) in Nigeria will need an investment of $10 billion to improve power supply in the next five years.AFD said it commissioned AF Mercados, a consultancy firm, to carry out an in-depth study of the challenges of the Nigerian Electricity Supply Industry (NESI) with the support of the [...]

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    TCN: Why power generation, supply is low

TCN: Why power generation, supply is low

The Transmission Company of Nigeria (TCN) says power generation has reduced due to an emergency maintenance by Nigerian Gas Company (NGC) on pipeline supplying gas to Egbin, Omotosho, Olorunsogo and Paras power stations.Ndidi Mbah, TCN’s general manager, public affairs, in a statement, on Saturday, said the maintenance led to the total shutdown of the four power generating plants on April [...]

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    ‘Not even a flash in 3 weeks’, ‘We enjoy 20 hours per day in PH’ – Nigerians share their experiences on power supply

‘Not even a flash in 3 weeks’, ‘We enjoy 20 hours per day in PH’ – Nigerians share their experiences on power supply

"Sitting down here I can tell you some states have almost 24 hours of power supply,” Babatunde Fashola, minister of power, works and housing, had said at a programme on Channels Television.Fashola's comment sparked mixed reactions. While Shehu Sanni, senator representing Kaduna central, taunted the minister saying the states enjoying almost 24 hours power supply are in other planets, some corroborated what [...]

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    ‘States enjoying 24 hours power supply are in Mars’ — Shehu Sani tackles Fashola

‘States enjoying 24 hours power supply are in Mars’ — Shehu Sani tackles Fashola

Shehu Sani, senator representing Kaduna central, says the states enjoying almost 24 hours power supply are in other planets of the universe.When he appeared on a Channels Television programme on Wednesday, Babatunde Fashola, minister of power, works and housing, had said some states in the country now enjoy almost 24 hours of electricity supply."Sitting down here I can tell you [...]

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    Inside Abuja PHCs where babies are born with the aid of kerosene lamp, torchlight

Inside Abuja PHCs where babies are born with the aid of kerosene lamp, torchlight

"We are usually three during the child delivery, I and two other midwives. One person will be holding the torch for us while one will be conducting the delivery with the third person assisting,” said Odeh Agnes, the midwife at Dafa primary healthcare centre (PHC) in Kwali council, federal capital territory (FCT).The thought of childbirth with the aid of torchlight [...]

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    From kerosene lamp to solar power: How Abuja health centre got past its worst nightmare

From kerosene lamp to solar power: How Abuja health centre got past its worst nightmare

Imagine having to use a kerosene lamp for child delivery because there's no electricity. What if something goes wrong and the lamp goes off? What will happen to the woman and the baby making its arrival into the world?That was the nightmare faced by the workers at the primary healthcare center in Dakwa, Abuja municipal council, for a couple of [...]

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    System collapse causes power outage in parts of Lagos

System collapse causes power outage in parts of Lagos

The Eko Electricity Distribution Company (EKEDC) has attributed the power outage in some parts of the state to system collapse.Godwin Idemudia, general manager, corporate communications unit of EKEDC, made this known on Saturday.He said the national control centre, responsible for all monitoring done by the Transmission Company of Nigeria (TCN), attributed the outage to system collapse.Idemudia said there was a [...]

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    N1bn for clinic, N46m for generators, N24m for ranching… inside Aso Rock’s 2018 budget

N1bn for clinic, N46m for generators, N24m for ranching… inside Aso Rock’s 2018 budget

Aso Rock, Nigeria’s seat of power, will be getting at least N11.5 billion as its allocation in the 2018 budget.Of that amount, N45.68 million was budgeted for power plants and generator fuel. N45.54 million was budgeted for the same item in the 2017 budget, N140,000 lesser than that of this year.Also, a total of N1 billion was budgeted for the Aso [...]

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Azura plant successfully test-runs turbines, peaks at 450MW

In what might be considered a boost to Nigeria’s power supply needs, the Azura power plant in Edo state did its first whole plant run on Friday, peaking at 450 megawatts.The federal government announced this through its power sector recovery programme twitter handle. https://twitter.com/PSRPNigeria/status/984831373528707072The power sector recovery programme was set up to ensure Nigeria’s power supply value chain  boost energy needs [...]

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    Bayelsa to have ‘uninterrupted power supply’ by September

Bayelsa to have ‘uninterrupted power supply’ by September

The Bayelsa government says residents of the state will have 24 hours uninterrupted power supply by September.Olice Kemenanabo, managing director of the Bayelsa Electricity Company, said this on Thursday while showcasing the activities of the state's ministry of power.Kemenanabo said all the local government areas in the state have been connected to the national grid.He blamed recent power outage on [...]

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    Same sky different entity

Same sky different entity

BY UZOR NGOLADIPlease join me as I celebrate my first one month of uninterrupted power supply and interrupted generator noise and mosquito bite! The laws here are glaring, staring you in the face. They sing to your ears in a melodious voice. I stood at the metro station waiting for that magic on wheels. Then came the pleasant voice. If [...]

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    FG to boost gas supply to improve power

FG to boost gas supply to improve power

The federal government has concluded arrangements to boost gas supply nationwide by 370 million metric cubic feet per day (mcf/d) to generate 5,000 megawatts within five months, officials said on Saturday.The minister of petroleum resources, Mrs Diezani Alison-Maduke (pictured), announced the plan in Abuja  at a joint press briefing with the ministry of power and the central bank.Alison-Maduke said the [...]

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Exchange Rates

November 06, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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