Minister of Power, Adebayo Adelabu, says Nigerians will start witnessing improved electricity supply between six months and one year. Adelabu, who was one of the 45 ministers inaugurated by President Bola Tinubu on Monday, stated this to journalists on Friday at the Ladoke Akintola Airport, in Ibadan, the Oyo State capital, The Renewed Hope minister acknowledged that the task ahead may be daunting but not insurmountable. “We know it is not something that is achievable overnight; but we believe that once the foundation is laid, others can also build on…
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Tinubu’s power reforms target ownership, management change of 6 DisCos’, says el-Rufa’i
…Says President’s vision is uninterrupted electricity within 7yrs Immediate-past governor of Kaduna State, Nasir el-Rufa’i has revealed that ownership and management structure of at least six indebted electricity distribution companies (DisCos) would be changed in new reforms planned for the power sector of the President Bola Tinubu administration. El-Rufa’i, who is the ministerial nominee from Kaduna State and tipped to lead the Energy Ministry, revealed this on Tuesday when he was screened by the Senate. The former governor further disclosed that President Tinubu wants to achieve constant power supply in the…
Read More“Address epileptic power to improve businesses”, FAAN urges FG
The Federal Airports Authority of Nigeria (FAAN) officials from the Yola International Airport, Adamawa State, are seeking the federal government’s intervention to address epileptic electricity supply and Automotive Gas Oil, popularly known as diesel, which affect aeromatic and non-aeromatic businesses in the aviation industry. The officials, who didn’t want their names mentioned, revealed that the airport maintains average of 30 flights per month and three on a daily basis. According to them, the number of flights increases to its peak periods during pilgrims exercise, as pilgrims from both Taraba and Adamawa…
Read MorePresident Tinubu signs historic electricity Bill into law
President Bola Tinubu has given his approval to the electricity Bill, which was passed in July 2022 with the aim of repealing the Electricity and Power Sector Reform Act of 2005. Consequently, the new law, which is now known as the Electricity Act, according to reliable sources, serves as a comprehensive legal and institutional framework for guiding the Nigerian Electricity Supply Industry (NESI) during the post-privatisation phase. It consolidates all existing legislation related to the electricity supply sector and encourages private sector investments. One of the primary objectives of the…
Read MoreFuel Subsidy Removal: Nigeria electricity workers to embark on nationwide strike
The National Union of Electricity Employees (NUEE) yesterday directed its members to withdraw their services nationwide over the sudden removal of fuel subsidy by the Federal Government. The NUEE, in a notice signed by its acting General Secretary, Dominic Igwebike, urged its members to comply with the directive and stop work from the early hours of Wednesday. Recall that President Bola Tinubu, on Monday, in his inaugural address at Eagle Square, Abuja, declared that there would no longer be a petroleum subsidy regime as it was not sustainable. Following the…
Read MoreTCN restores power supply in Kaduna, Kano, Aba after FG’s intervention
The Transmission Company of Nigeria, (TCN), yesterday disclosed that it will reconnect Kaduna Electricity Distribution Company, Kano Electricity and Aba Power Limited Electric to the national grid following the intervention of the Minister of Power. The Market Operator, an arm of TCN, had a few days ago disconnected the three utilities from the grid for failing to adhere to rules governing the Nigerian Electricity Supply Industry, NESI, and for failing to meet up with their financial obligations. TCN said the companies failed to produce their Bank Guarantees when it was…
Read MoreFG completes takeover of Kaduna, Kano, Ibadan and Port Harcourt DisCos
The Federal Government has announced that it has successfully completed the takeover of struggling distribution companies, (DisCos), including Kaduna, Kano, Ibadan and Port Harcourt DisCos. This was announced by the Director-General of the Bureau of Public Enterprise, (BPE), Alex Okoh, while briefing the National Council on Privatisation (NCP) chaired by Vice-President Yemi Osinbajo on the update of the takeover of the four electricity distribution companies (DisCos). The DisCos were forced under new management over poor debt management issues. The BPE Director-General informed Council that the take-over of Kaduna, Kano, Ibadan…
Read MoreBlackout: Electricity workers suspend strike for 2 weeks, as Labour Minister brokers truce
The labour unions of Nigerian electricity workers have suspended their nationwide strike, which led to a total blackout in different parts of the country. The electricity workers, under the joint umbrella of the National Union of Electricity Employees (NUEE) and Senior Staff Association of Electricity and Allied Companies (SSAEC) agreed to suspend the industrial action, following the intervention of the Minister of Labour and Employment, Senator Chris Ngige. Ngige had summoned an emergency conciliation meeting between the Federal Government and the electricity workers yesterday to resolve the issues that precipitated…
Read MoreNationwide blackout looms, as electricity workers set to begin strike tomorrow
There are indications that the nation’s electricity supply crisis might worsen from tomorrow, Wednesday, as Organised Labour has directed workers in the power sector to down tools and commence an indefinite strike over pending the union’s issues with the Transmission Company of Nigeria, (TCN). Under the aegis of the National Union of Electricity Employees, (NUEE), as a prelude to the strike, the aggrieved workers are scheduled to picket the Abuja National Headquarters of TCN today. In a circular dated August 15, 2022, issued by the NUEE General Secretary, Joe Ajaero,…
Read MorePower supply to drop again, TCN alerts Nigerians
Power supply will drop by 50 megawatts on Wednesday, it was learnt. The Transmission Company of Nigeria, (TCN), in a statement on Monday, said the drop would be as a result of planned annual “preventive maintenance” on the line bay at Lekki Transmission Sub-station in Lagos. During the maintenance period, about 50MW will be interrupted, affecting the power supply to Lekki phase 1, Oniru, Elegushi, Waterfront, Igbo Efon, and Twenty-first Century Estate in Lagos State. “TCN regrets all inconvenience this might cause electricity consumers in the affected area”, the statement…
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