Power & Energy - Abia ThinkTank News

Oct

2024

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

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

2024

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By Abia ThinkTank

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

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

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

2024

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By Abia ThinkTank

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

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…

Jun

2024

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By Abia ThinkTank

Dr. Engr. Odo Ijere Advises Hon. Ibe Okwara Osonwa On Ohafia Electricity Problems

Columns/Opinions/Letters, National Assembly, News Flash, Power & Energy

Dr. Engr. Odo Ijere Advises Hon. Ibe Okwara Osonwa On Ohafia Electricity Problems MY INFORMED RESPONSE TO REPRESENTATIVE IBE OKWARA OSONWA AMID EEDC SUPPLY BLACKMAIL. I have operated long enough in the electricity supply industry to be able to understand and speak to their body language of deceit. I have been a privileged operator as Consultant to NEPA Southeast zone, PHCN Southeast zone and then to where EEDC was created through privatization. And so when Representative Ibe Okwara Osonwa recently announced his terms of settlement of the issues between EEDC and Ohafia community, which among other things recommended a N100…

Jun

2024

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By Abia ThinkTank

Address Electricity Tarriff Hike Alongside Minimum Wage Increase – Labour Tells FGN

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

Address Electricity Tariff Hike Alongside Minimum Wage Increase – Labour Tells FG The Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) say the federal government should address the issue of the electricity tariff hike. On Monday, the two unions announced that they had “relaxed” their nationwide strike. Joe Ajaero, NLC president, said the strike has been “relaxed for one week”. Labour had embarked on the strike after negotiations with the federal government on a new minimum wage hit a brick wall. The industrial action paralysed economic and government activities across the nation for two days. In a communiqué…

May

2024

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By Abia ThinkTank

FG Reduces Electricity Tariff For Consumers

Business, FGN, News Flash, Power & Energy

FG Reduces Electricity Tariff For Consumers The Federal Government has approved a downward review in electricity tariff for Band A customers (Those with a daily supply of minimum of 20 hours). Under the approved review,Band A customers who hitherto were charged N225/Kwh are now to pay N206.80/Kwh. The decision to crash the tariff may not be unconnected with public outcry over the increase in electricity which industry observers, CSOs, labour unions have described as insensitive. Already, electricity distributors are sending the reduction notice to their customers. In a notice to its customers on Monday, Ikeja Electric said “Please be informed…

May

2024

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By Abia ThinkTank

Nigeria Will Be In Darkness If FG Doesn’t Hike Electricity Tariff – Adelabu

Abuja, FGN, News Flash, Power & Energy

Nigeria Will Be In Darkness If FG Doesn’t Hike Electricity Tariff - Adelabu Adebayo Adelabu, minister of power, says the country will be thrown into darkness if the federal government does not hike electricity tariff. On April 3, the Nigeria Electricity Regulatory Commission (NERC) approved an increase in electricity tariff for customers under the Band A classification. The commission said customers under the classification, who receive 20 hours of electricity supply daily, will now pay N225 per kilowatt (kW), starting from April 3 — up from N66. Appearing before the senate committee on power on Monday, Adelabu said although citizens…