By Rosheedat Akinkunle, JKNewsMedia Reporter Residents of Ogun State can soon expect a major boost in power supply, as Governor Dapo Abiodun confirmed that the 30-Megawatt power plant in Onijanganjangan, near Ewekoro, will be ready for commissioning in just eight weeks. His announcement follows the Governor’s inspection of the plant, wh...
By Olaide Ajibola, JKNMedia Reporter ELECTRICITY CONSUMERS in Band A have experienced a significant reduction in operating costs despite the recent tariff increase, according to Nigeria’s Minister of Power, Adebayo Adelabu. Speaking at the 8th Africa Energy Marketplace forum in Abuja, Adelabu emphasized that the new tariff structure has ...
By Jemimah Wellington, JKNMedia Reporter THE FEDERAL Government of Nigeria has announced an ambitious goal of generating 10,000 megawatts through the Sustainable Power and Irrigation Project for Nigeria (SPIN) in partnership with the World Bank. The project aims to maximize the use of existing storage facilities for both irrigation and hydropo...
By Blessing Obam, JKNMedia Reporter IKEJA Electric Distribution Company (IEDC) has announced a reduction in electricity tariff for customers categorized under Band A. Effective immediately, customers under this band will not pay N206.80 per kilowatt-hour (kWh), a decrease from the previous rate of N22/kWh as mandated by the Nigeria Electricity...
By Joke Kujenya THE Federal Government of Nigeria has issued a directive for the resale of electricity Distribution Companies (DisCos) currently managed by banks and the Asset Management Company of Nigeria (AMCON) within three months to reputable power operators. Currently, five DisCos are under the management of AMCON and bank leaders. These ...
By Joke Kujenya MINISTER of Power, Adebayo Adelabu, has disclosed that despite the recent hike in electricity tariffs for Band A customers, the Federal Government continues to subsidize electricity, with an allocation of about N1.8trillion for 2024. He made the disclosure on a television magazine interview. Adelabu emphasized that the Electric...
THE Transmission Company of Nigeria (TCN) announces the swift recovery of the power grid following its abrupt collapse on Thursday at 4.28pm. In a statement released on Friday, TCN affirms the restoration to full capacity by 10.00pm the same day. Despite challenges, including gas constraints affecting generation capacity, TCN’s spokesperson Nd...
