Wednesday, 31st May 2023

power generation

4 Mar 2022
Amidst the scarcity of premium motor spirit across the country and harsh weather conditions, Abuja Electricity Distribution Company Plc (AEDC) admitted Friday that there is a poor power supply in the Federal Capital Territory. Admitting also that the poor supply is also being witnessed in Kogi, Niger, and Nasarawa, the utility company blamed the development…
5 Jan 2022
Averaging 4,500 megawatts in the past eight years, Nigerians looking forward to improved electricity supply may continue to wait as inherent challenges may stall power generation in the current.
10 Mar 2020
Nigerians will continue to depend on alternative sources of energy to power their households despite government’s reforms, as generated energy drops further to 3,634MW from this year’s peak output of 5,268MW.
2 Jan 2020
Power generation from the nation’s generating companies hits an average of 3,781MW in 2019 from a yearly average of 3,807MW in 2018, latest data from the office of the Vice President has shown.
30 Sep 2019
Power generation is considered one of the key parameters used in measuring the extent of development of any nation even as research has shown a correlation between electricity consumption and Gross Domestic Product.
20 Aug 2019
Power output from Nigeria’s generating companies (GenCos) dropped to 3,014.8 megawatts (MW), yesterday from a monthly average of 3,578MW in August, latest data from the National Control Centre (NCC), Osogbo, has shown.
22 Jul 2019
The Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF) has marked its second anniversary, delivering over 55 per cent of returns to unitholders during the period.
12 Dec 2017
Electricity generation in the country has reached an all-time 7,000 megawatts while transmission stands at 5,155 megawatts, Minister of Power, Works and Housing, Babatunde Fashola, has said. At the opening of the 22nd power sector stakeholders meeting held at the premises of Geregu Power Plc, Kogi State yesterday, Fashola said the statistics implied that 2,000…
24 Jul 2017
Ambode said this while declaring open the 7th Annual Public Lecture of the Lagos State Public Service Chapter (LSPSC) of the Institute of Chartered Accountants of Nigeria (ICAN).
15 Mar 2017
Electricity generators, popularly known as GENCOs say they are reeling under very unfavourable operating circumstances leading to loss which has become a disincentive to investors and their capacity recovery targets.
8 Jun 2016
The national grid on Monday generated about 2,937 Mega Watts (MW) which is considered abysmally low to feed about 170 million population of the country.
3 Jun 2016
Nigeria’s notoriously unreliable public power supply has created a huge and disturbing demand-supply disequilibrium to a point of national embarrassment.


18 mins ago
Abbey Mortgage Bank, a leading mortgage institution in the country, successfully concluded its Annual General Meeting (AGM) on yesterday. The event was streamed live on Zoom and various social media channels, with significant attention from shareholders, banking industry professionals and enthusiasts.
28 mins ago
The member-elect for Ado/Okpokwu/Ogbadibo Federal Constituency, Chief Philip Agbese, has congratulated Governor Hyacinth Alia and his Deputy, Dr. Sam Ode, on their inauguration and subsequent assumption of office.
39 mins ago
Senior Advocate of Nigeria (SAN), Olisa Agbakoba, has called on President Bola Ahmed Tinubu’s government to dismantle the Economic and Financial Crimes Commission (EFCC) to succeed in the corruption war. Agbakoba said in an interview on The Morning Show of Arise Television on Wednesday. He urged the President to relieve the EFCC chairman, Abdulrasheed Bawa.…
49 mins ago
*Questions Gomos' economic prowess A group under the aegis of Concerned Citizens of Plateau State, has accused the Chairperson, Economic Advisory Team in the Simon Lalong-led government, Chief Ezekiel Gomos, ofinefficiency. The group alleged that Gomos' impact as an economic expert has not been felt positively in the state. The group in a statement Wednesday,…
51 mins ago
The National Pension Commission (PenCom) has warned the public to disregard a publication that the commission has commenced its 2023/2024 recruitment exercise. PenCom’s management in a statement issued on Wednesday said the recruitment rumour is untrue. “The publication further states that suitable candidates are to submit their applications through a recruitment portal on the Commission's…