The Minister of Power, Aliyu Abubakar, has said that he will not rest until the minor issues delaying the completion of the Katsina State 10 megawatts power windmill started in 2010 are resolved soonest. Aliyu disclosed this to newsmen on Saturday, while on a working visit to the state for an on-the-spot assessment of the project. The Power Minister said, “There are some little things that have been left by the contactor which we have asked the contractor to complete. This is one of the reasons I am here to…
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8 yrs after privatisation Nigerians pay N5.7tr for darkness
…Payment for transformers, wires, poles persist as supply averages 4,000MW In what many industry players and consumer rights groups described as payment for darkness, Nigerians, in the past eight years, have spent about N5.7 trillion on the supply of electricity as supply averages 4,000 megawatts, (MWs), about the same level it was eight years ago. According to statistics from Nigerian Bulk Electricity Trading (NBET) Plc, an average of N720 billion worth of electricity bills are processed yearly in the country, bringing the cost to about N5.7 trillion in the last…
Read MorePower: FG to review licences of DisCos, GenCos over poor performance
There are indications that the Federal Government may in the coming weeks take punitive measures over the operating licences of some power distribution, (DisCos) and generation (GenCos) companies. It was gathered that this may not be unconnected with the poor performance by some critical stakeholders in the value chain. While President Muhammadu Buhari had recently terminated the appointment of the minister in charge of power, appointing Abubakar Aliyu to act as the new minister, Nigeria’s power sector has failed to perform years after privatisation, as the level of power supply…
Read MorePower Sector: President Buhari’s government completing abandoned projects – APC group
Godwin Amunde The APC Legacy Awareness and Campaign group, a think-tank group of Nigeria’s governing party, the All Progressive Congress (APC) said the President Muhammadu Buhari led administration is revamping the power sector in Nigeria by completing abandoned projects, promoting off-grid/renewable initiatives and ensuring robust consumer protection for on-grid electricity consumers. The group said this in a press statement signed by its leaders; the APC national youths leader, Ismael Ahmed, Director General of the Progressive Governors Forum (PGF) Salihu Lukman, a former APC National Publicity Secretary Lanre Issa-Onilu and a presidential media aide Tolu…
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