Power & Energy - Abia ThinkTank News

Jan

13

2025

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By Abia ThinkTank

Peter Obi Makes U-Turn Over His Comment On Alleged National Grid Collapse

News Flash, Politics, Power & Energy, Presidency

Peter Obi Makes U-turn Over His Comment On Alleged National Grid Collapse Following social media backlash, Peter Obi, the presidential candidate of the Labour Party in the 2023 presidential election has made a u-turn over his controversial comment on the alleged collapse of the national grid. After a power outage in some parts of Lagos on Saturday, January 11, 2025, which many erroneously attributed to national grid collapse, Obi, in a tweet said the incessant fall of the grid which happened 12 times in 2024 has subjected Nigerians to ‘untold setback and hardship.’ According to him, despite borrowing over $3.23…

Nov

13

2024

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By Abia ThinkTank

The Level Of Corruption In The Power Sector Will Make You Cry – EFCC Chairman, Olukoyede

Abuja, Crime, News Flash, Power & Energy

Things We Discovered In Power Sector Will Make You Cry – Olukoyede, EFCC Chairman The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, has said the level of corruption in the power sector would make people cry. He put it this way: “As we speak, we are grappling with electricity. If you see some of the investigations we are carrying out within the power sector, you will shed tears. “People were awarded contracts to supply electricity equipment. Instead of using what they call 9.0 guage, they will go and buy 5.0. Every time you see the…

Nov

08

2024

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By Abia ThinkTank

FGN Promises 20-Hour Daily Electricity Supply By 2027

FGN, News Flash, Power & Energy

FG Promises 20-Hour Daily Electricity Supply By 2027 The Federal Government has revealed plans to provide Nigerians with at least 20 hours of daily electricity by 2027. However, it has conditioned this target on sufficient investment in Nigeria’s oil and gas sector, which it has said is currently far below expectations. The Special Adviser to the President on Energy, Olu Verheijen, made this statement at the Energy Week in Cape Town, South Africa, in a release by the State House Director of Information and Publicity, Abiodun Oladunjoye, on Thursday. “By 2027, Nigeria aims to ensure 20 hours of electricity daily…

Oct

21

2024

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By Abia ThinkTank

Amid Power Grid Collapse, Nigeria Supplies Togo, Benin 24-Hour Power – TCN CEO

Business, FGN, News Flash, Power & Energy

Nigeria Supplies Togo, Benin 24-Hour Power Supply – TCN The Managing Director and CEO of the Transmission Company of Nigeria, Sule Abdulaziz, has disclosed that Nigeria supplies 24-hour electricity to neighbouring countries Togo and Benin, amid ongoing discussions in the country following a recent power grid collapse. “We supply Togo, Benin, and Niger. They get power from Nigeria on a 24-hour basis, and they are paying for it,” Abdulaziz stated during an appearance on Channels TV’s Politics Tonight program on Sunday. When asked why many Nigerians do not enjoy uninterrupted power, he responded, “Nigerians are getting 24-hour supply, but it’s…

Oct

19

2024

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By Abia ThinkTank

Davido’s Father Opens Power Plant Worth N3.4 Trillion Capable Of Supplying Electricity To 15% Of Nigerian Homes

Business, News Flash, Power & Energy

Davido's father, Mr. Adeleke Adedeji, has opened a power plant worth 3.4 trillion Naira, which will supply electricity to 15% of Nigerian homes Initially, Mr. Adeleke wanted Davido to go to school and study accounting so he will be there to manage his businesses in Nigeria, but Davido was more passionate about pursuing a career in music. With how wealthy Davido's father is, Davido could decide never to work in his entire life and he would never go broke, but he's still out here hustling like someone from a poor background. Davido should be your role model for hard work…

Sep

27

2024

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Gov. Otti Thanks President Tinubu For Appointing Engr. Jennifer Adighije As The MD/CEO Of Niger Delta Power Holding Company, Says Power Is Central To His Economic Development Agenda For ABIA State

Abia State, Good Governance, News Flash, Power & Energy

GOV. OTTI THANKS PRESIDENT TINUBU FOR APPOINTING ENGR. JENNIFER ADIGHIJE AS THE MD/CEO OF NIGER DELTA POWER HOLDING COMPANY, SAYS POWER IS CENTRAL TO HIS ECONOMIC DEVELOPMENT AGENDA FOR ABIA STATE. Abia State Governor Dr. Alex Otti, OFR, has expressed his gratitude and that of the entire State to the President of the Federal Republic of Nigeria, Sen. Bola Ahmed Tinubu for the appointment of Engr. Jennifer Adighije as the Managing Director/Chief Executive Officer of Niger Delta Power Holding Company (NDPHC). Engr. Jennifer Adighije is the Daughter of Senator Chris Adighije, who once represented Abia Central Senatorial District in the…

Sep

04

2024

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By Abia ThinkTank

News Breaking: Nigeria’s Power Generation Makes History, Hits 5,313MW

News Flash, Power & Energy

News Breaking: Nigeria’s Power Generation Makes History, Hits 5,313MW The Nigeria’s power generation made history, rising to a three-year high of 5,313mw on Monday. This is contained in a statement issued by Mr Bolaji Tunji, Special Adviser on Strategic Communication and Media Relations to the Minister of Power, Mr Adebayo Adelabu. Adelabu, therefore urged Electricity Distribution Companies (DisCos) to take more energy in order to prevent a grid collapse. ”When power is produced and not picked by the DisCos, it could lead to grid collapse as frequency drops. ”Efforts will be made to encourage industries to purchase bulk energy,” he…

Jul

07

2024

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By Abia ThinkTank

Blackout As National Grid Collapses, Fourth Time In 2024

News Flash, FGN, Power & Energy

Blackout As National Grid Collapses, Fourth Time In 2024 The national electricity grid has experienced another system failure, leading to a nationwide blackout. Confirming the blackout in a statement on Saturday, the Abuja Electricity Distribution Company (AEDC) said the power outage being experienced within its franchise is due to a system failure from the national grid. “Please be informed that the power outage being experienced is due to a system failure from the national grid at 3:10pm today, affecting the power supply to our franchise areas,” the AEDC said. The DisCo said it is working with the relevant stakeholders to…

Jul

06

2024

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It’s Shameful We’re Still Generating 4.5GW Of Electricity – President Tinubu

Columns/Opinions/Letters, FGN, News Flash, Power & Energy

It’s Shameful We’re Still Generating 4.5GW Of Electricity – Tinubu President Bola Tinubu has expressed displeasure that Nigeria despite its size is still generating 4.5GW of electricity. President Tinubu expressed the displeasure when he inaugurated a 31 member Presidential Economic Coordination Council at the Council Chamber, Presidential Villa Abuja. He underscored the need for innovative solutions to the country’s economic challenges, noting the importance of public-private partnerships in driving economic reforms. According to him, ”We have the challenge of energy security in Nigeria. We need to work together to improve our oil and gas sector, and we must also increase…

Jul

05

2024

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By Abia ThinkTank

Frustrations As DisCos Further Jerk Up Tarriff For Band A Customers

Business, News Flash, Power & Energy

Lamentations As DisCos Further Jerk Up Tariff For Band A Customers Electricity Customers have expressed frustration following announcements by Distribution Companies on a further increase in the price of tariff for Band A customers. Trouble started after public notices obtained from some of the utility firms on Wednesday, revealed that the tariff has been increased from ₦206.80 to ₦209.50kW/h. The Eko Electricity Distribution Company (EKEDC) in a notice on its official X handle, @EKEDP seen by Channels Television, said the new tariff takes effect from July 1, 2024. “Dear Valued Customer, Kindly be informed that there has been an upward…