Post Tagged with: "Power"

The Speaker of the House of Representatives Hon. Aminu Tambuwal, has said that the house will probe the disbursement of over N200b power and aviation funds.
The speaker who expressed concerned over the manner with which the N300billion Power and Aviation Intervention

A few months ago, the federal government of Nigeria privatized major assets of the nations Power Holding Company of Nigeria, PHCN. Sold or rather, gifted to the cabal at 404 billion naira, the government had just refurbished the assets for 3.2 TRILLION naira! This was a gift of a whopping

Electricity consumers got a piece of bad news yesterday.
Supply will further drop because generation is down by 300 megawatts (mw).
The drop is as a result of the shutdown of Shiroro Power Station – one of the nation’s major electricity generation stations – in Niger State, for maintenance and

A CASE for a recall of workers sacked from the electricity distribution companies (DISCOs) recently handed over to new owners has been made by the Minister of Power, Prof. Chinedu Nebo.
For Nebo, though the workers may have their own problems, they are much more familiar with their areas of

The nation’s deteriorating power supply has been blamed on the capacity constraints of the generating companies, GENCOs, resul-ting from under-capacity utilisation.
About 2,859 megawatts are unutilised due to gas shortage as at December 3.
Dr. Sam Amadi, Chairman, National Electricity Regulatory Commission, NERC, stated this in a chat with Vanguard

The enormity of the task before the new investors in the power sector is gradually sinking in with the government setting an annual investment target of $3.5bn for the generation companies over a 10-year period, DAYO OKETOLA writes.
The Federal Government, through the Bureau of Public Enterprises, has said the power