Fashola directs regulatory body to make sure DisCos satisfy customers

The Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN, Monday directed the Nigerian Electricity Regulatory Commission (NERC) to immediately step in to ensure that Electricity Distribution Companies (DisCos) improve on their distribution equipment and increase capacity to enable them optimize the use of electrical resources by the Generation Companies (GenCos). Fashola, who spoke […]

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National grid collapse causes power outage

The Eko Electricity Distribution Company (EKEDC) has attributed the current power outage on its network to what it called system collapse of the National Grid. Mr Godwin Idemudia, the General Manager, Corporate Communications of the company, said on Monday that the outage which occurred about 2.27 p.m. on Sunday affected Ajah, Akangba and Agbara transmission […]

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DisCos given N37bn grant for meter supply

The Federal Government says it has taken advantage of the new Meter Asset Provider (MAP) regulations to give a grant of N37billion to a private sector operator to supply meters to interested Distribution Companies (DisCos). Minister of Power, Works and Housing, Mr Babatunde Fashola, disclosed this at the 28th monthly meeting of power stakeholders in […]

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Annual General Meeting of Transcorp plc 2: Chairman, Transnational Corporation of Nigeria (Transcorp) Plc, Mr. Tony Elumelu( 2nd right); President/CEO, Mr. Adim Jibunoh(3rd right); Company Secretary, Mrs Helen Iwuchukwu (1st right); Directors – Dr Stanley Lawson and Emmanuel Nnorom, at the 12th Annual General Meeting of the company held in Lagos on Monday

Shareholders Commend Transcorp For Industry Leading Role In Improving Access to Electricity in Nigeria

Shareholders of Transnational Corporation of Nigeria Plc (Transcorp) strongly commended the Board and management for Transcorp’s impressive contribution to transforming the Nigerian power sector, through its power subsidiary, Transcorp Power. The commendations were received at the 12th Annual General Meeting of Transcorp, held on April 30th 2018, at Oriental Hotel, Victoria Island, Lagos. The shareholders were responding to Transcorp’s […]

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