The Nigeria Electricity Regulation Company (NERC), has warned the Association of Power Generation Companies (APGC), against what it described as consistent acts of disrespect.
22 Jul 2020
Stakeholders, including the Chief Operating Officer (COO) of Nestoil Group and Managing Director/CEO, Century Power Generation Ltd., Dr. Chukwueloka Umeh, have said total deregulation...
13 May 2020
Despite years of privatisation in the power sector, there appears to be a fundamental lack of clarity as to whether electricity is to be delivered by a competitive market, or whether government will intervene on a regular basis to ensure...
1 Jan 2020
From so many regulatory and operational flip-flops, the Nigerian power sector failed to progress in 2019, ending the year with the usual discordant voices instead of leeway
20 Nov 2019
Executive Secretary of the Association of Power Generation Companies (APGC), Dr. Joy Ogaji, has said side-lining stakeholders in the Nigerian Electricity Supply Industry...
13 Nov 2019
Created at the 22nd summit of the Economic Community of West African States (ECOWAS) Authority of Heads of State and Government, the West African Power Pool (WAPP) was formed to promote and develop power generation and transmission infrastructures as well as to coordinate power exchange among the ECOWAS member states.
6 Mar 2019
About N701 billion invoices submitted by the electricity generation companies (GenCos) between the last quarter of 2016 and third quarter of 2018 is yet to be settled by the Nigerian Bulk Electricity Trading (NBET). NBET, managed by Dr. Marilyn Amobi, was set up in 2010 as the administrator of the country’s electricity pool. It buys…
9 Jan 2019
Executive Secretary of the Association of Power Generation Companies (APGC), Dr. Joy Ogaji, yesterday in Abuja said the investment made by operators, especially power generation firms, was under threat.
5 Jan 2019
As activities begin to pick up in all spheres after the Yuletide and New Year’s break, Nigerians across the federation look forward to credible general elections, improved security, resolution of the strikes in the education sector and minimum wage issue, as well as diversification of the oil-dependent economy, in view of falling crude oil price…
5 Nov 2018
The House of Representatives could reopen the probe into an alleged $1.348 billion power sector fraud levelled against General Electric (GE) and Rockson Engineering Nigeria Ltd.
8 Jul 2018
Except prompt actions are taken, the country’s power sector may soon grind to a halt. No thanks to the over N1t debt owed power generating companies popularly known as GENCOs...
8 Jul 2018
About 3, 000 megawatt (mw) is idling away while the Transmission Company of Nigeria (TCN) and distribution companies (Discos) are bandying words.