Daily Trust Newspaper page 38 and Nation Newspaper page 5 all reported that, the House of Representative committee on finance has queried the Transmission Company of Nigeria (TCN) for spending N207bn on office maintenance alone in its 2021 budget. The paper further stated that, the House Committee members rejected the agency’s submission, presented by the…
Daily Sun Newspaper page 21 reports that despite the company’s huge investments in power equipment, infrastructure upgrade and network optimization which runs into billions of Naira, the negative impact of the rising cases of energy theft and vandalism has become worrisome to the company. Details of the story captioned: “Ikeja electric seeks support over rising…
Leadership Newspaper page 17 and Daily Trust page 24 reported that, the Chairman, Board of Directors of Kaduna Electricity Distribution Company (KEDCO), Abbas Mohammed Jega, yesterday expressed his gratitude to Kebbi State Governor, Abubakar Atiku Bagudu for his relentless support for the company. Mohammed, made this declaration in Birnin/Kebbi, when he led the company’s board…
Leadership Newspaper page 18 reports that, Chairman, Board of Directors of Kaduna Electricity Distribution Company, Alhaji Abbas Muhammad Jega, has stated that the new agenda of the company is to ensure sustainable improvement in electricity supply in its franchise. Jega, said that the visit shall accord the leadership of the Company the opportunity to engage…
Daily Trust Newspaper page 20and Punch page 26 reported that, Abuja Electricity Distribution Company (AEDC), says it has improved supply in Abuja, Kogi, Nasarawa and Niger States, following high grid allocation of over 500 megawatts (MW) to its network. Head of Operations and lines at AEDC, Elisha Yakubu, disclosed this during a town hall meeting…
Nation Newspaper page 5and Vanguard page 11 all reported that, the National Union of Electricity Employees (NUEE), has rejected the plan to privatize the Transmission Company of Nigeria (TCN), The Union said the move would be in favour of the FG and to the detriment of the Nigerian masses. The Western Zone’s Assistant General Secretary,…
Punch Newspaper page27 reports that, Nigerian Electricity Regulatory Commission has shown that the total billing of electricity consumers by the 11 Distribution Companies is N816bn. According to data contained in NERC’S Annual Report shows that loss was recorded in 2020. Details of the story captioned:“DisCos suffer N543bn revenue loss in 12 months”. Punch Newspaper page…
(i) Leadership Newspaper page 13 reports that Huawei Digital Power, has launched its full range of FusionSolar Smart PV and Energy Storage System (ESS) solutions in Sub-Saharan African market to boost renewable energy. Vice Director of Huawei Smart PV Sub-Saharan Africa, Victor Koyier, said Sub-Saharan Africa is ideally poised to take advantage of renewable energy…
(i) Punch Newspaper on page 14, Vanguard page 4 and Leadership page 26 all reported that, Federal Government has entered into partnership with the Turkish energy firm EXIST (Energy Exchange Instanbul), to design a functional trading structure for Nigerian Electricity Supply Industry, among others. Federal Government said the cooperation agreement, signed between NBET and EXIST…
(i) Daily Trust Newspaper page 19, Leadership page 28, and Daily Sun page 28 all reported that, Vice President, Yemi Osinbajo, has said Nigeria will need to spend over $410 billion (about N172.8 trillion) to deliver its energy transition plan by 2060. Speaking further, Osinbajo explained that the plan is to create about 340,000 jobs…