The Transmission Company of Nigeria (TCN), says that the federal government has approved N600billion for electricity market to boost power supply. Edmund Ejie, the Market Operator of TCN said this on Wednesday in Abuja, at the 3rd quarter Participants and Stakeholders Interactive forum for 2019. The forum has as its theme: “Rules Compliance for Nigerian […]
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The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said that no fewer than 130 textile companies have died in the country in recent times due to some constraints. Emefiele made the statement during a courtesy call on Gov. Aminu Masari of Katsina State on Monday. ‘’Textile industries used to be the […]
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The Chairman of Momas Electricity Meter Manufacturing Company Ltd., (MEMMCOL), Lagos, Kola Balogun, says indigenous meter manufacturers have commenced massive production of meters. This he said was to meet the Nigerian Electricity Regulatory Commission (NERC’s) directive of May 1, rollout deadline. Balogun disclosed this in an interview with the News Agency of Nigeria (NAN) on […]
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Nigeria’s minister of power, works and housing, Babatunde Fashola, has claimed that some states in the country now enjoy “almost 24 hours” of electricity supply. Speaking on Wednesday at a programme on Channels Television, the minister said the increase in electricity supply is as a result of the increase in transmission capacity. Fashola said even […]
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President Muhammadu Buhari has vowed to recover the $16 billion dollars allegedly wasted on the power sector when the Peoples Democratic Party (PDP) was in power. Speaking at the All Progressives Congress (APC) presidential rally in Yenagoa, Bayelsa state capital, on Tuesday, the president vowed to go after the people who mismanaged the money meant […]
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The Enugu Electricity Distribution Company (EEDC) has identified nine major challenges militating against stable power supply in the South-East. The Head of Communications of the company, Mr Emeka Ezeh, said this in a statement made available to the News Agency of Nigeria (NAN) in Enugu on Wednesday. Ezeh listed vandalism, energy theft, accidental destruction of […]
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The Transmission Company of Nigeria (TCN) is working toward achieving a transmission capacity of 20,000 Megawatts (MW) by 2021, its Managing Director, Mr Usman Mohammed, has said. Mohammed, who briefed State House correspondents on Monday at the Presidential Villa, said that the capacity of transmission was a combination of the capacity of the transformers and […]
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The Bureau of Pablic Enterprise (BPE), has discribe a untrue, rumors that the operating licences of 11 electricity distribution companies in Nigeria have expired and needed to be renewed by the federal government. The Director-General of the agency, Alex Okoh, disclosed this on Wednesday Benin, Edo State, while briefing journalisits at the headquarters of Benin […]
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Minister of Power, Works and Housing, Mr Babatunde Fashola said the Buhari Government has fulfilled its promise of power supply through generation of additional electricity to Nigerians since 2015. Fashola spoke at a news conference in Abuja on Monday. Fashola, who presented his third year progress report said federal government at inception of the current […]
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NIGERIA – The minister of power, works and housing, Babatunde Fashola, says the country is currently generating 7,000 megawatts of electricity and distributing 5,222 megawatts. 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 […]
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