Grid collapse triggers nationwide blackout
Again, Nigeria’s electricity supply suffered a major setback yesterday as the national grid, operated from Osogbo in Osun State, collapsed and plunged many parts of the country into darkness.
Nation’s debt may hit N33 trillion next month
Minister of Finance, Budget and National Planning, Zainab Ahmed, yesterday, informed the Senate that Nigeria’s total debt could hit N32.51 trillion at the end of next month.
TCN says Nigeria records 5,520.40MW transmission peak
Few days after announcing earlier this week that the Nigerian power sector recorded an all-time transmission peak of 5.459MW, the Transmission Company of Nigeria (TCN), yesterday, said a new national peak generation of 5,520.40MW has been recorded.
Transmission hits 5,459.50MW as FG begins distribution of meters
The Transmission Company of Nigeria (TCN), yesterday, disclosed that power generation to the national grid has hit 5,459.50 megawatts. General Manager, Public Affairs, TCN, Ndidi Mba, said the power was transmitted through the national grid at a frequency of 50.26Hz about 8.15 p.m. on Wednesday, October 28, 2020. Also, the National Mass Metering Programme (NMMP)…
Nigeria records highest power transmission of 5,459.50MW
The Transmission Company of Nigeria (TCN) says the power sector has recorded an all-time national peak of 5,459.50MW. A statement issued on Thursday by Ms Ndidi Mbah, TCN General Manager, Public Affairs, said the new record was achieved on Oct. 28. The statement said the power generated was efficiently transmitted through the nation’s transmission grid…
‘Nigeria needs 41 years to achieve stable power’
The Senate Committee on Power, yesterday, declared that it might take the next 41 years for the country to experience stable power supply due to underfunding and the Federal Government’s failure to fix the challenges of electricity generation. It was stunned by the submission of the Minister of Power, Mamman Saleh, that of the N165b…
SSAEAC commends Buhari for reinstating Okonkwo at TCN
Five months after he was relieved from his position in the Transmission Company of Nigeria (TCN), Chris Okonkwo has been reinstated to his position by the Federal Government. Okonkwo, who is the President, Senior Staff Association of Electricity and Allied Companies (SSAEAC), was sacked by the former Managing Director of TCN, Usman Mohammed, on…
CBN directs banks to gurantee NBET, TCN
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMB) to provide bank gurantees to Nigeria Bulk Electricity Trading (NBET) and Transmission Company of Nigeria (TCN) on behalf of Distribution Companies (DISCos).
GenCos say call for reversal of power privatisation premature
Power Generation Companies in Nigeria (GenCos), have described the call by the Senate to cancel the privatisation exercise of the power sector as premature.
Privatisation of power sector and calls for reversal
Should Nigeria allow the private sector to continue the ownership of the nation’s power infrastructure, or return the sector to the days when government was in charge of electricity supply?