Power/Energy

Showing: 1 - 10 of 20 Articles

TSF applauds $1.2bn ALSCON revamp deal

Abuja, Nov. 21, 2024 – The Tinubu Stakeholders Forum (TSF) has commended the efforts to revive the Aluminium Smelter Company of Nigeria (ALSCON) through a $1.2 billion agreement through the federal government. The TSF, in a statement signed by its Chairman Ahmad Sajoh and Secretary Afolabi Josiah said that the deal between the BFI Group and China National Chemical Engineering Corporation (CNCEC) will facilitate economic development and create multiple jobs.  “For us, the landmark contract facilitated through a collaboration between CNCEC and BFI Group, represents a key milestone in President …

Reps direct DISCOs to recapitalise to N500bn

Abuja, Nov. 20, 2024 – The House of Representatives has directed the Electricity Distribution Companies (DISCOs) to recapitalize to the tune of N500 billion immeditely. The House took the decision on Wednesday following the adoption of a motion on the “Need to address the activities of DISCOs in Nigeria” The motion was moved by Hon. Ayokunle Isiaka, a member representing Ifo/Ewekoro Federal Constituency in Ogun State. Isiaka said recent activities of DISCOs posed a significant threat to the nation’s economic stability and the welfare of Nigerians. He alleged that the …

FG requires $10b public-private investments to stabilise electricity supply

Abuja, Nov. 13, 2024 – The Federal Government requires $10 billion in public-private partnership investment to achieve a 24-hour stable power supply in the country. Adebayo Adelabu, the Minister of Power, said this while receiving Dr Jobson Ewalefoh, the Director-General of the Infrastructure Concession Regulatory Commission (ICRC) in his office. According to a statement issued on Wednesday by Mr Ifeanyi Nwoko, Acting Head, Media and Publicity in ICRC, Adelabu said such investments were required within the next five to 10 years. “Government cannot do it alone; this is why we …

FG apologises over power outages in North

Abuja, Oct. 31, 2024 – The Federal Government has apologised over the recent collapse of the national grid which caused power outages for several days in 17 states in the region. The Minister of Power, Chief Adebayo Adelabu, gave the apology on Thursday during a courtesy visit to Gov. Abba Yusuf of Kano State, describing the situation as “very unfortunate.” Adelabu said the Federal Government was overhauling the national grid to reduce the frequent disturbances in the system and improve power supply across the country. He said that the national …

TCN gives Nov. 3 deadline to restore electricity to North

Abuja, Oct. 29, 2024 – The Transmission Company of Nigeria (TCN), has given Nov. 3 as the deadline for the completion of repair work on the damaged transmission lines in the the Northern part of the country. Mr Sule Abdulaziz, the Managing Director of TCN, gave the deadline at a press conference in Abuja on Tuesday. He said the company was intensifying efforts at restoring power to the Northern parts of the country. Abdulaziz said that the affected area had been secured through the help of Nigerian Army and concerted …

Tinubu directs military to provide security to TCN engineers fixing damaged transmission lines

Abuja, Oct. 29, 2024 – President Bola Tinubu has directed the deployment of Nigerian Army and Air Force officers to protect engineers fixing the damaged transmission lines in the Northern parts of the country.  A statement by the State House on Monday said the directive was essential to provide lasting solution to the lingering power outage in the area. Some Northern states have been thrown into blackout for months due to the collapse of the two 330kV Ugwaji-Apir Double Circuit transmission lines supplying power to the affected areas. According to …

Kwankwaso advises Northern governors to invest in alternative sources of energy

Abuja, Oct. 28, 2024 – Rabi’u Musa Kwankwaso, the Presidential Candidate of New Nigeria Peoples Party (NNPP) in the 2023 elections, has advised Northern state governors to invest in alternative sources of energy. He said alternative power sources would help to address the region’s power needs. Kwankwanso condemned the current power outage in the northern states which had thrown the affected states in blackout for about eight days. He expressed his misgiving on the blackout in the Northern states in a message posted on his X page on Monday “It …

FG to establish super electricity grid to check incessant collapse of national grid

Abuja, Oct. 28, 2024 – The Federal Government is to establish super electricity grid as backup to the national grid to check incessant collapse of the grid. Adebayo Adelabu, the Minister of Power, disclosed this while briefing State House correspondents after a meeting with President Bola Tinubu on Monday. He said whenever the national grid has a problem, the super grid would be an alternative through which power will be transmitted. Adelabu promised regional grids would be established to decentralise the national grid, as the world has moved beyond having …

Cuba grid collapses again raising doubts about a quick fix

Havana, Oct, 20, 2024 – Cuba’s electrical grid collapsed again on Sunday, the fourth such failure in 48 hours, raising fresh doubts about a quick fix on an island already suffering from severe shortages of food, fuel and medicine. The blackout, after weeks of rolling outages, sparked some small protests around the Caribbean Island, where a tropical storm threatened to hamper efforts to restore power. Cuba’s national electrical grid first crashed around midday on Friday after the island’s largest power plant shut down, sowing chaos and leaving around 10 million people …

Adelabu blames outdated infrastructure for incessant collapse of national grid

Lekki, Oct. 17, 2024 – Adebayo Adelabu, the Minister of Power, has blamed outdated infrastructure for the incessant collapse of the national grid in Nigeria. Adelabu made to the observation in Lekki on Wednesday at the inauguration of Hexing Livoltek, an electricity meter manufacturing company. He said the constant collapse of the national grid in Nigeria was inevitable in Nigeria due to the deplorable condition of the country’s power infrastructure. The minister said the solution for stable electricity across the country was to have many power grids across the country. …