Power & Energy - Abia ThinkTank News

Dec

02

2023

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By Abia ThinkTank

President Tinubu Signs Agreement With Germany To Increase Grid Capacity To 12,000MW

News Flash, Power & Energy, Presidency

Nigeria Signs Agreement With Germany To Increase Grid Capacity To 12,000MW President Bola Tinubu has signed an agreement with Olaf Scholz, Chancellor of Germany, to improve Nigeria’s grid capacity and improve electricity supply in the country. The agreement aimed at accelerating the Presidential Power Initiative (PPI) was signed on Friday by Kenny Anuwe, CEO of FGN Power Company, and Nadja Haakansson, Siemens Energy managing director for Africa, on the sidelines of the ongoing COP28 in Dubai. The PPI project agreement was first entered in 2019 and was to be implemented in three phases including delivering an additional 2GW to the…

Nov

14

2023

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By Abia ThinkTank

Nationwide Blackout As TCN Shutdown National Grid Over Labour Strike

Labour, News Flash, Power & Energy

Nationwide Blackout As TCN Shutdown National Grid Over Labour Strike Electricity workers have shut down the national grid following the declaration of an indefinite strike by organized labour unions. Ndidi Mbah, the spokesperson for Transmission Company of Nigeria, confirmed this to DAILY POST exclusively on Tuesday. According to her, electricity workers, the National Union of Electricity Employees (NUEE), followed directives of the Nigeria Labour Congress to withdraw their services around 11:20 am on Monday, leading to a nationwide blackout. “Electricity workers are NLC members; they’ve followed the directive by organized labour to withdraw their services from Tuesday”, she stated. DAILY…

Nov

03

2023

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By Abia ThinkTank

Breaking News: Total Blackout As Electricity Workers Begin Strike Over Attack On NLC President

FGN, News Flash, Power & Energy

JUST-IN: Total Blackout As Electricity Workers Begins Strike Over Attack On NLC President Electricity workers under the auspices of the National Union of Electricity Employees (NUEE) has asked their members to withdraw their services nationwide by midnight Thursday. The union said the action was to protest the alleged arrest and brutalization of the President of the Nigeria Labour Congress (NLC), Joe Ajaero, by the police Wednesday during a protest rally in Owerri, the Imo State capital. Following Ajaero’s alleged attack and brutalization by security agents in Imo State, NLC said the leadership of organised labour will convene an emergency meeting…

Oct

08

2023

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By Abia ThinkTank

11 Operational Newly Licensed Independent Electricity Distribution Network Operators(See List)

Abuja, Business, Power & Energy

11 Newly Licensed Independent Electricity Distribution Network Operators (See Full List) The Federal Government earlier this week announced that it had issued licences to 17 Independent Electricity Distribution Network operators, among which 11 are currently operational. The report was disclosed by the FG in the 2022 Market Competition Report released on Tuesday by the Nigeria Electricity Regulatory Commission, an agency of the Federal Government. The report, made available to The PUNCH, reads in part, “The commission has also licensed 17 Independent Electricity Distribution Network operators of which 11 are operational.” The 11 operators include: Gateway Electricity Limited Energy Company of…

Oct

07

2023

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By Abia ThinkTank

News Breaking: NNPCL Speaks On Plan To Increase Petrol Pump Prises

Oil & Gas, Human Rights, Power & Energy

NEWS BREAKING: NNPCL Speaks On Plan To Increase Petrol Pump Prices The Nigerian National Petroleum Company (NNPC) Limited has denied plans to increase its pump prices, AttNews reports. NNPC, in a statement issued Friday, said it values its customers’ patronage and does not intend to increase its Premium Motor Spirit (PMS) pump prices. “Our retail stations sell the best quality products at the most affordable prices,” the statement read. The NNPC has increased its pump prices twice since President Bola Tinubu assumed office on May 29, declaring that “fuel subsidy is gone.” The increase has led to a rise in…

Sep

24

2023

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By Abia ThinkTank

Collapse Of National Grid: Ghana Set To Commence Electricity Supply To Nigeria

Power & Energy

National Grid Collapse: Ghana set to commence supply of electricity to Nigeria Ghana may soon be exporting electricity to its neighbour, Nigeria, according to latest reports. Mr. Hanson Monney, the Head of the Generation and Transmission Unit at the Ghanaian Ministry of Energy, emphasised that via effective policy development and implementation, Ghana has already attained an impressive 80% to 85% universal energy access inside its boundaries. During his presentation in Lagos on the second day of the Nigeria Energy Leadership Summit, Monney noted that Ghana has steadily been developing its power sector and may soon export electricity to Nigeria once…