Power & Energy - Abia ThinkTank News

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…

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…

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…