Force Discos to renew infrastructure before obsolete facilities flame up Nigeria—TCN
The Managing Director, Transmission Company of Nigeria (TCN), Engr. Usman Mohammed has cried out to the Federal Government to a matter of urgent national importance issue policy directive forcing electricity Distribution Companies (Discos) to raise fund and change obsolete infrastructures….
42,160MW wasted due to transmission, distribution crisis in 2018—APGC
New report from the Association of Power Generation Companies (APGC), has disclosed that the nation lost about 42,160.87 mega watts (MW) of electricity out of the 88,566.43MW generated by power generation companies (Gencos) in 2018 due to evacuation crisis between…
Power generation never reached 5,000MW in 2018, hits 5,375MW last week—Report
Contrary to claims by the Minister of Power, Works and Housing, Mr. Babatunde Fashola, that Nigerian electricity generation had been over and above 7,000MW since the advent of the current administration, latest data from the Ministry on daily power generation…
‘Lack of commensurate investments by Discos frustrating FG’s grid expansion drive’
The Federal Government has observed that the observed lack of commensurate investment in distribution network by electricity distribution companies (Discos), remains a stumbling block in the expected results from the massive expansion of power transmission grid. Before now, government had…
Impacts of recovered 690 abandoned electricity equipment containers emerging—FG
More stability of electricity nationwide is underway as the Federal Government have started putting parts of the recovered 690 out of 800 containers of electricity equipment abandoned at the port for 10 years by previous administrations to work. Speaking at…
11 DisCos in need of N1.5trn for new transformers, injection substations—TCN
The Managing Director of Transmission Company of Nigeria (TCN), Mr. Usman Gur Mohammed, has disclosed that all the 11 Distribution Companies (DisCos) operating in Nigeria are currently shopping for $4.262 billion (about N1.549 trillion) funding for new transformers and injection…
FG contradicts self, gives confusing signals on capacity for Nuclear Power Plants
Barley three months and precisely in May when the Chairman/Chief Executive, Nigeria Atomic Energy Commission (NAEC), Professor Simon Mallam, assured Nigerians that the country’s first nuclear power plant, with the capacity to generate about 1,200 megawatts of electricity, would be…
FG silent on Gencos key reasons that can cause nationwide blackout
Apart from the rejection of fresh government’s plan to handover the management of N72 billion financial investments it intends to inject into the distribution network nationwide to the Transmission Company of Nigeria (TCN) for management, power Generation Companies (Gencos), have…
Unlike Gencos, TCN most vulnerable in funding access—MD
Contrary to general belief that the Transmission Company of Nigeria (TCN) is swimming in funds, the Managing Director, Usman-Gur Mohammed, has revealed that the company is only surviving and relying on grants and loans from multilateral donors to expand its…
TCN raises N540bn to stabilise national grid, clears 655 abandoned containers in ports
Indications have emerged that Nigeria will soon begin to see stability in power considering the efforts made by the Transmission Company of Nigeria (TCN) to clear 655 power equipment containers that were stranded at various seaports in the country for…
