Why outage lingers nationwide, by Osinbajo
Vice President Yemi Osinbajo has blamed the lingering epileptic power supply across the federation on distribution challenges. Although generation had improved reportedly from 4,000 to 8100 megawatts, he, however, lamented that over 2000 megawatts were still not being distributed. Addressing the 50th convocation lecture of the University of Lagos (UNILAG) in his presentation titled, ‘Nigeria…
Igbokoda gets power as Osinbajo commissions BEDC, NDPHC restoration project
Residents of Igbokoda in Ilaje Ese Odo Local Government in Ondo South senatorial zone, who had resigned to living without electricity in the last five years, were enveloped with joy last Wednesday....
Risk management critical to power development
Executive Director, Engineering and Technical Services, Niger-Delta Power Holding Company (NDPHC), Ifeoluwa Oyedele, has said unless risk management procedures are applied to infrastructure development in power projects, sustainable development of the sector may remain elusive. Speaking after being conferred as fellow of Risk Managers Society of Nigeria (RIMSON), in Abuja, Oyedele insisted that raising awareness on the need…
Dogara explains probe of alleged misuse of N10.8tr by NDPHC
Speaker of the House of Representatives, Mr. Yakubu Dogara, has justified the resolve by the House to probe the alleged misuse of N10.08 trillion (about $30 billion) by the...
Governemnt targets improved power supply with NDPHC’s initiatives
There are indications that power supply in the country, especially in rural areas across will witness significant improvement going by plans by the government to overhaul some National Integrated Power Projects (NIPPs). Though over 70 per cent of Nigerians reside in rural communities, inability of players in the power sector to operate some NIPPs continues…
CPC, DISCOs seek end of energy theft to boost power supply nationwide
The Consumers Protection Council (CPC) and Electricity Distribution Companies (DISCOs) have urged electricity consumers nationwide to desist from energy theft through bypassing of meters.
NDPHC boosts power capacity in Northeast with 25 projects
Already, NDPHC said it has completed about 24 of the projects, while one is on the verge of completion, the Managing Director, Chiedu Ugbo, said during a courtesy visit to the Adamawa State Governor, Jibrilla Bindow, in Yola.
GenCos receive payments of 80 per cent invoices, says NDPHC boss
Managing Director of the Niger Delta Power Holding Company (NDPHC), Joseph Chiedu Ugbo, yesterday hinted that the power sector has witnessed improvement in its takings. He said the N701 billion power purchase guarantee fund approved by the Federal Government has facilitated payment of about 80 per cent of invoices of Power Generation Companies (GenCos). He…
Buhari presents N8.612 trillion budget for 2018
President Muhammadu Buhari yesterday presented to a joint session of the National Assembly a budget estimate of N8.612 trillion for the 2018 fiscal year.
‘Nigerians require 180,000mw of electricity’
United Capital Plc has said Nigeria will require 180,000 megawatts (mw) of electricity to meet the need of household and businesses.