Stakeholders in Abuja, yesterday, expressed concern over the state of the power sector in Nigeria, lamenting that about 10 years after privatisation of the electricity industry, supply to end users has remained below 4,000 megawatts.
Ogun State governor, Prince Dapo Abiodun, yesterday, disclosed that the E-Mobility and Gas Mobility Programme of the state will take off in the first week of August.
The Nigerian Labour Congress (NLC) President, Joe Ajaero, is of the opinion that the Federal Government (FG) has no business subsidizing electricity because the industry has been privatized.
Despite a near zero improvement in power supply efficiency under President Muhammadu Buhari’s administration and contrary to the boast by the Minister of Power, Abubakar Aliyu, that Nigeria enjoys the cheapest electricity, findings show that over 100 countries offer cheaper electricity compared to Nigeria.
Electricity consumers face blackouts across the country as Transmission Company of Nigeria (TCN) insists it will disconnect electricity distribution companies (DisCos) that have failed in complying with payment schedules unless they pay up.
The Enugu Electricity Distribution Company (EEDC) says the current loss of electricity supply in Imo is as a result of an ongoing industrial action by organised labour.
Adequate, reliable and sustainable electricity supply is basic for socioeconomic development and nation-building. But the reverse has been the case in Nigeria.
Managing Director/Chief Executive Officer (CEO) of Transcorp Power Ltd, Christopher Ezeafulukwe, has asked Nigeria to upgrade to 20,000 megawatts to avoid epileptic power supply in the country.
Economists support the idea of borrowing for the sake of investment instead of consumption. If we must borrow, we must borrow to invest in our renewable energy development for production of premium electricity from clean energy sources.
The Federal Government, currently targeting to generate about 30 per cent of electricity needs from renewable energy, yesterday, said clean energy remained the fastest way to tackle energy poverty in the country.
Residents of Calabar, the Cross River capital, are lamenting the epileptic power supply and the unavailability of petroleum products in the state in the last few weeks.
23 Nov 2022
Lagos State Governor, Babajide Sanwo-Olu, has urged the House of Representatives to allow state governments have input into the Electricity Bill 2022 by allowing them to generate electricity and develop at their pace.