The Nigerian mini-grid market which the federal government is vigorously trying to develop with the aim of having stable power supply in the country offers revenue opportunity of $8 billion a year.
According to a report which highlights the potential of the mini-grid market …
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Mr Usman Gur Mohammed is the Managing Director of the Transmission Company of Nigeria (TCN) and also Chairman, West African Power Pool’s (WAPP) Executive Board.
In this interview, he explains how the public utility will utilise...
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Many of the Nigerian banks that gave loans to core investors during the privatisation of the power sector in 2013 may have incurred losses, our correspondent has learnt.
It was gathered that the banks had, in the past four years, been struggling to ensure the repayment …
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Nigerians risk nationwide blackout as electricity generating companies (GENCOs) on Thursday issued notice of an impending shutdown of their power plants.
The Executive Secretary, Association of Power Generation Companies (APGC), Joy Ogaji, who issued the notice sent to PREMIUM TIMES, did not...
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Keen observers and genuine opposition to privatisation of the power sector must be smiling at the recent turn of events.
Core investors of Electricity Distribution Companies (Discos) are beginning to throw in the towel after five years of privatisation characterised ...
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The highest amount of revenue losses in Nigeria’s power sector come from areas that have high concentration of unmetered electricity consumers.
It was also gathered that about 70 per cent of revenue losses recorded by power distribution companies were from these areas. The Executive Director...
The Transmission Company of Nigeria (TCN), on Friday said that it had recovered more than 693 containers of power equipment abandoned at ports for about 15 years due to tariff. …
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The country is practically in darkness, but many power generation companies (Gencos) are complaining of idle capacity.
Exactly how much power is idling away as a result of this menace?
Read more via The Guardian Nigeria Newspaper – Nigeria and World News – https://ift.tt/2KPHZnt
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Except prompt actions are taken, the country’s power sector may soon grind to a halt.
No thanks to the over N1t debt owed power generating companies popularly known as GENCOs, gas suppliers and the plunging electricity generation, which....
Read more via The Guardian Nigeria Newspaper –...
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