REVEALED: Why power supply was poor on Salah Day

Why power supply was poor on Salah Day

REVEALED: Why power supply was poor on Salah Day   Nigerians in various regions of the country experienced epileptic power supply on Tuesday amid Eid-el-Kabir celebration, as they complained both online and offline about the distasteful experience. While many of them could not immediately ascribe the development to a cause, fact has eventually emerged that power generation in the country suffered decline during the period. It was gathered that power generation in Nigeria dropped below the 4,000 megawatts mark on Tuesday. The total generation in the country stood at 3,958.7MW…

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FG bears 55% cost of power consumed by Nigerians, says minister

Why power supply was poor on Salah Day

FG bears 55% cost of power consumed by Nigerians, says minister Suspends controversial tariff hike   The Federal Government of Nigeria is responsible for 55 per cent payment of power consumed by on-grid consumers in selected bands qualified as low users in the country, Sale Mamman, minister of power, has disclosed. He said this on Thursday as the government ordered the Nigerian Electricity Regulatory Commission (NERC) to suspend the implementation of the January 1, 2021 nationwide electricity tariff hike. Mamman further noted that the government never hiked tariff by 50…

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Experts Chart Way Forward For Energy Transition In Africa

Siemens

Captains of the energy industry have converged recently to chart the way forward for successful energy transition in Africa. This concern shown by the industry players came on the back of the known role being played for decades by resources in the industry in driving developmental agenda of the continent. Speaking recently at the first Energy Leader’s Dialogue Series Webinar themed “Energy Transition in a Hydrocarbon Dependent African Economy organized by The Energy Intelligence, the pundits lamented significant gaps in coordinating the energy and development sectors around mutual outcomes. Despite…

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Power: Deal With Siemens – The Birth of a New Era?

Electricity subsidy gulps N30bn per month, says FG

By CSL Research Recently, the Minister of Power, Sale Mamman disclosed that the power deal between Nigeria and Siemens AG, a renowned German firm, will lead to the upgrading of 105 power substations and construction of 70 new substations across the country. The Minister also disclosed that the Federal Government had made an initial N8.6bn commitment in the transaction. We recall in July 2019, Nigeria and Siemens signed a power sector deal which provides a blue print on improving power generation and fixing the archaic transmission and distribution infrastructure in the…

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