Power & Energy - Abia ThinkTank News

Feb

2024

Has NEPA Frustrated You And Your Business? Help Has Come – By Nnate Ernest

Columns/Opinions/Letters, Business, Power & Energy

HAS NEPA FRUSTRATED YOU BEFORE? By Nnate Ernest Are you tired of constantly dealing with power outages and interruptions in electricity supply? Tired of power interruption when you're watching your favourite TV show or ever imagined what a good power supply feels like. Do you want a reliable and cost-effective solution? Look no further than hybrid inverters! In Nigeria, the power supply can be very poor, and the high cost of fuel to run generators only makes matters worse. However, with a hybrid inverter, you can experience a reliable power supply without having to worry about constant power cuts. And,…

Feb

2024

0 Comments

By Abia ThinkTank

Electricity Act Amendment Bill Signed Into Law By President Tinubu

News Flash, Power & Energy, Presidency

President Tinubu Signs Electricity Act Amendment Bill Into Law The bill, which was passed by the House of Representatives on July 27, 2023, and the Senate on November 14, 2023, was sponsored by Honourable Babajimi Benson, who represents Ikorodu Federal Constituency of Lagos State. According to a statement issued by his Special Adviser on Media and Publicity, Ajuri Ngelale, the Electricity Act (Amendment) Bill, 2024, “seeks to address the development and environmental concerns of host communities, and sets aside five percent of the actual annual operating expenditures of power generating companies (GENCOs) from the preceding year for the development of…

Feb

2024

0 Comments

By Abia ThinkTank

Nationwide Grid Collapse As Power Generation Crashes To Zero Megawatts

Business, Power & Energy

Power Generation Crashes To Zero Megawatts As Grid Collapses Power generation on the national grid crashed to zero megawatts around 1 pm on Sunday as the country’s grid witnessed a nationwide collapse. Data obtained from the power ministry showed that electricity generation on the grid dropped from 2,407MW around 11.53 am to 31MW by noon on Sunday, before collapsing to 0MW an hour later. This led to widespread blackouts across the country, as power distribution companies blamed it on the collapse of the grid managed by the Transmission Company of Nigeria, an agency of the Federal Government. Kaduna Disco, for…

Feb

2024

0 Comments

By Abia ThinkTank

Power Supply: Abia Govt To Partner With EEDC And Geometric

Abia State, News Flash, Power & Energy

Abia Govt To Partner With EEDC, Geometric For Power Supply In Aba And Umuahia The Abia State Government says it has started discussion with the Enugu Electricity Distribution Company (EEDC) on how the government will get directly involved in distributing power in Umuahia, the state capital, and its environs. Gov. Alex Otti disclosed this on Thursday night during the February edition of the monthly media parley in Umuahia. Otti said that his administration was doing a lot in the power sector, but admitted that it was not a problem that could be solved overnight. He also said that the government…

Jan

2024

0 Comments

By Abia ThinkTank

DisCos Warned Against Extorting Communities For Transformer, Other Electrical Repairs

Business, FGN, News Flash, Power & Energy

Minister Warns DisCos Against Extorting Communities For Transformer, Other Electrical Repairs The Tinubu administration has finally warned electricity Distribution Companies of Nigeria (DisCos) against their disturbing penchant of asking residents of communities to contribute funds to buy electricity transformers and other materials on their own. Minister of Power, Adebayo Adelabu, gave the warning against the misnomer at a meeting with the management of Ibadan Electricity Distribution Company (IBDEC) during a facility tour in Oyo State. The minister said the Buhari administration is always committed to providing every need of the people to improve their living standard. He also expressed disappointment…

Dec

2023

0 Comments

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

2023

0 Comments

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

2023

0 Comments

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

2023

0 Comments

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

2023

0 Comments

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…