Power system collapses totally four times in five days

The frequency of system collapse in the nation’s power sector in recent times has resulted in prolonged blackout in many locations across the country. Findings showed that between January 15 and January 19, 2017, the country recorded two cases of total system collapse and three partial ones. Specifically, the total collapse of the power grid […]

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Babatunde Fashola

‘Power generating firms in the country got below 30% ratings’

The combined performance of all the privatised thermal power generating stations in the country was less than 30 per cent in the third quarter of 2016 despite being managed by private investors. Industry operators blamed the poor performance of the power generating stations on the recurrent vandalism of pipelines that supply gas to the facilities. […]

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Electricity power generation hits 3483.7Mw

The Nigerian Electricity System Operator (SO) yesterday said the Nigerian Electricity Supply Industry (NESI) at the 06:00hours yesterday produced 3,483.7 Megawatts (Mw). This was contained in its spotlights on grid operation which noted that on November Monday the lowest power generation was 2,970.1Mw, while peak generation was 3,819.2Mw. It added that the highest frequency on […]

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Power sector loses N2bn daily, more turbines pack up

The power sector has been losing an average of N2bn daily since the resurgence of pipeline bombings by militants in the Niger Delta, latest electricity supply statistics have shown. According to Punchng, This is coming as the number of functional gas-fired power generating turbines across the country has dropped from 50 that were operational in […]

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I didn’t promise regular power in six months – Fashola

The Minister of Power, Works and Housing, Mr. Babatunde Fashola (SAN), has denied ever saying as the then Governor of Lagos State that if given a chance, he could fix the problem of electricity in Nigeria within six months. Fashola, who was speaking during a programme on the Nigerian Television Authority Network on Tuesday, which […]

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Forex scarcity, N300bn revenue shortfall hit power firms

As many parts of the nation continue to experience blackout, electricity distribution companies have said their inability to obtain foreign exchange to import equipment and a revenue shortfall of N300bn are some of the factors hampering their operations. According to Punchng, The firms said the low electricity generation occasioned by gas supply shortages as a […]

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Power firms to disconnect MDAs, others over N93bn debt

Electricity distribution companies are poised for a showdown with their major debtors as the latter face mass disconnection of supply in the days ahead. The firms said for months, they had been groaning under severe liquidity constraints because of unpaid electricity bills from residential, commercial and industrial consumers as well as the Ministries, Departments and […]

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3,132MW of Electricity Power was lost in a day – VP. Osinbajo

Vice President Yemi Osinbajo on Monday revealed why most parts of the country experienced total blackout last weekend as he declared that 99.6 per cent of the total electricity generation was lost in one day. Specifically, Osinbajo stated that 3,132 megawatts of the total electricity generated on Saturday, April 23, 2016 was lost. The loss was […]

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Babatunde Fashola

Nigeria power sector lost N7.7bn to workers’ strike – Fashola

[su_dropcap]T[/su_dropcap]he frequent industrial action by workers in the electricity supply industry has resulted in the loss of about N7.734bn between 2014 and 2016, the Minister of Power, Works and Housing, Babatunde Fashola, has said. Fashola disclosed this at the third triennial delegates’ conference of the Senior Staff Association of Electricity and Allied Companies in Abuja […]

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Power ministry behind Nigeria’s Electricity desolation – Minister

Over the years, the trouble in the Power ministry has been one of the reasons slowing down the growth in electricity generation and supply across the country, the Minister of State for Power, Works and Housing, Mustapha Shehuri, has said. Shehuri also announced the Federal Government’s new power generation target of 25,000 megawatts by the […]

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Electricity power degenerates by 488.7MW

AFTER attaining a peak of 5,074.7 megawatts on February 2, 2016, power generation in the country has lost 488.7MW within six days, dropping to 4,586MW on February 8. Similarly, energy generation fell by 774.04MW in the same period to 4,300.66MW, resulting in a reduction in the amount of energy sent out to electricity consumers, which […]

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Babatunde Fashola

‘Electricity Power rises to 5,074.7MW’

FOR the first time in the history of the country, electricity generation rose to 5,074.7 megawatts on Tuesday, according to the System Operator of the Transmission Company of Nigeria. The Minister of Power, Works and Housing, Babatunde Fashola, promised on Monday that power generation would increase by 2000MW before the end of this year. Power […]

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