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Indigenous meter asset provider, Armese Power Solutions, has pledged its capacity to help Meter Asset Providers (MAP) newly engaged by the 11 distribution companies (DisCos) meet local content requirements for meter rollout in line with the Federal Government’s MAP regulation.
The total quantum of electricity generated on the Nigeria’s power grid fell by 1,507.3 megawatts, dropping from a peak of 4,845.4MW to 3,338.1MW, the latest data from the Federal Ministry of Power, Works and Housing has revealed.
The 11 power distribution companies operating in Nigeria need $10bn worth of investments to efficiently distribute electricity across the country over a five-year period, the French Agency for Development has said.
The power sector is in a hurry to be listed among the non-performing privatised assets of the Federal Government.
Going to discos was very popular in the ’80s. But dancing to a melodic pop music was not the only thing boys knew how to do then. They also played some wooing pranks on girls, starting with such gimmicks as “excuse me dance”.
The Trade Union Congress has asked Nigerians to look for alternative power source beginning from Monday (today), as it declared that it would shut down the nationwide operations of the Transmission Company of Nigeria today.
Nigeria lost 16,458.9 megawatts of electricity as challenges of gas supply, water management and national grid forced 25 of the 29 power generation companies (Gencos) to cut down on their capacities at the weekend, a report from the Office of the Vice President, Prof. Yemi Osinbajo has disclosed.
Nigeria in 2013, handed over ageing, unserviced electricity generation and distribution assets to private investors who participated in the country’s power sector privatisation exercise that year, the Minister of Power, Works and Housing, Mr. Babatunde Fashola, said on Thursday in Abuja.
Despite the $1.6billion investments in transmission lines and substations, the Managing Director, Transmission Company of Nigeria (TCN), Mr. Usman Gur Mohammed Saturday gave excuses why the electricity system has been experiencing incessant system collapse.