The Nigerian National Petroleum Company Gas Marketing Limited (NGML), a subsidiary of NNPC Limited, has signed a Gas Sale and Purchase Agreement with Dangote Petroleum Refinery and Petrochemicals, Lagos, to supply natural gas for power generation and as feedstock for the refinery. The agreement was executed by NGML’s Managing Director, Justin Ezeala, and Dangote Group’s … Read more
The Transmission Company of Nigeria (TCN) has attributed Thursday’s National Grid collapse to a sudden frequency spike from 50.33Hz to 51.44Hz. In a statement, TCN spokesperson Ndidi Mbah explained that the disturbance, which marks the second grid collapse in three days, began at approximately 11:29 AM on Thursday. Recovery efforts were immediately initiated, and the … Read more
The Nigerian Electricity Regulatory Commission (NERC) has announced that power distribution companies (Discos) may soon bear the cost of repairing faulty transformers and other infrastructure, a move aimed at ensuring more prudent management of electricity systems. NERC Chairman Sanusi Garba disclosed this during a public hearing on Thursday addressing the frequent collapses of Nigeria’s national … Read more
The Minister of Power, Adebayo Adelabu, has stated that many Nigerians have stopped complaining about the high cost of petrol because they are no longer solely reliant on generators for electricity. Speaking during his keynote address at the 2024 Nigeria Energy Exhibition and Conference in Lagos, Adelabu addressed the theme, “Breaking Barriers in the New … Read more
The electricity subsidy paid by the Federal Government surged to N181.63 billion in September, up from N102.30 billion in May, indicating a potential tariff increase for customers on Band A feeders. In April, the Nigerian Electricity Regulatory Commission (NERC) announced the removal of subsidies for customers on Band A feeders, raising their tariff to N225 … Read more
NERC Chairman warns of potential ₦3.2 trillion subsidy burden if electricity tariff hikes are reversed. Financial strains in the power sector highlighted, including issues with gas supply and foreign exchange fluctuations. House Committee on Power acknowledges complexities, emphasizing the need for sustained investment and tariff adjustments. EKO HOT BLOG reports that the Chairman of the Nigeria … Read more
EU launches €9 million projects to improve Nigeria’s energy sector. Focus on small hydropower and circular economy practices. Aims to boost energy accessibility and sustainability in Nigeria. EKO HOT BLOG reports that continuing its commitment to enhancing Nigeria’s energy sector, the European Union has launched two new projects valued at €9 million. The announcement was made … Read more
The country faced an imminent nationwide blackout as power generation dipped below 4000MW. Checks on Sunday showed that generation has dropped to 3,518.7MW. EKO HOT BLOG reports that the power generation to the national grid dipped below the 4,000 megawatts mark over the weekend leaving customers across the country with limited electricity supply. Checks on … Read more
The Lagos government is seeking a review of the power generation and distribution law in Nigeria. Eko Hot Blog reports that the Lagos State Government has called for an urgent review of Nigeria’s power generation and distribution law under the purview of the Federal Government in view of the huge amount spent on diesel daily … Read more
Obi Drags APC, PDP Over Inability To Increase Power Generation Capacity EKO HOT BLOG reports that the Presidential candidate of the Labour Party, Peter Obi has said after failing to deliver its electoral promises, Nigerians should be ready to kick out both the ruling All Progressives Congress (APC) and the major opposition party, Peoples … Read more
The Transmission Company of Nigeria (TCN), on Thursday, announced an all-time power generation peak of 5,552.8 megawatts. TCN’s General Manager (Public Affairs), Ndidi Mbah, disclosed that the new peak power generation was recorded at 8.15pm on Wednesday and was successfully transmitted across the grid to power distributors. “This latest all-time peak transmitted surpasses the last … Read more