Electricity – City Business News

August 7, 2025 No Responses

Egbin Power, Ikeja Electric, FIPL Not In Receivership, Says Management

The management of Egbin Power Plc, Ikeja Electric Plc (IE), and First Independent Power Limited (FIPL), on Wednesday denied media reports claiming the companies have been placed under receivership. In a statement issued on Wednesday, the companies described the claims,...

January 30, 2025 No Responses

Bayelsa Cabinet Approves Purchase Of 60mw Gas Turbines

The Bayelsa State Executive Council has approved the purchase of 60 megawatts gas turbines to boost electricity supply in the state.A statement issued byChief Press Secretary, Daniel Alabrah, explained that the state cabinet gave the approval during its 151st ...

May 21, 2024 No Responses

NDDC Inaugurates Edo Electricity Sub-Station

The Niger Delta Development Commission, NDDC, has inaugurated the 1×15MVA 33/11KV electricity injection substation it built in Amufi, Ikpoba-Okha Local Government Area in Benin City, Edo State.Speaking at the commissioning ceremony, the NDDC Managing Director...

April 16, 2024 No Responses

NDDC Completes Electricity Sub-Station In Edo State

The electricity injection substation built by the Niger Delta Development Commission, NDDC, in Amufi-Ikpoba Okha Local Government Area in Benin City, Edo State, has been completed and is set for inauguration and hand over to the Benin Electric Distribution Com...

April 6, 2024 No Responses

Atiku: Electricity Tariff Hike Will Compound Nigeria’s Economic Hardship

Former Vice President, Atiku Abubakar has joined the growing list of critics faulting the Federal Government’s hike in electricity tariff. According to Atiku, the move further compounds the citizens’ economic difficulties. The Nigerian El...

March 21, 2024 No Responses

Edo, Oando To Generate 175MW Wind Energy

The Edo State Government’s renewable energy programme being implemented in partnership with Oando Energy will result in the construction of wind turbines across three locations in the three senatorial districts of the State.The locations, according to studie...

March 8, 2024 No Responses

Tinubu Reconstitutes NELMCO Board

President Bola Tinubu has approved the reconstitution of the Board of the Nigeria Electricity Liability Management Company (NELMCO). The reconstitution comes with the modification of the NELMCO Board structure, which empowers the Office of the Minister of Powe...

November 21, 2023 No Responses

Edo, Delta, Ondo, Ekiti To Repurchase BEDC Shares

The Edo State Governor, Mr. Godwin Obaseki, has said plans are underway by Edo, Delta, Ekiti, and Ondo States, to buy back their shares from the Benin Electricity Distribution Company (BEDC) and reorganize the distribution company, providing a lasting solution...

November 19, 2023 No Responses

Factors Responsible For Electricity Failure In Nigeria, By Stakeholders

Unknown to many Nigerians, failure in regular electricity supply to households and businesses in the country is not only as a result of government negligence or lack of resources to generate it, but also due to complicated web of offic...

February 16, 2023 No Responses

FEC Approves $53.1m For Electricity Conductors

The Federal Executive Council (FEC) has approved $53.1 million and N2.1billion as local component for the procurement and installation of electricity conductors to boost power supply across the country. Minister of Power, Abubakar Aliyu, made this known...

August 18, 2022 No Responses

Electricity Workers Suspend Strike

The leadership of the National Union of Electricity Employees (NUEE) has suspended the ongoing strike by two weeks. Mr Godfrey Abah, the Chairman, FCT chapter of the National Union of Electricity Employees (NUEE) said this in an interview with the...

August 17, 2022 No Responses

Blackout In Lagos As Electricity Workers Begin Strike

There was blackout across Lagos State on Wednesday following the nationwide strike by electricity workers under the aegis of the National Union of Electricity Employees (NUEE). Ikeja Electric Plc and Eko Electricity Distribution Company (EKEDC) confirme...

March 22, 2022 No Responses

CBN Disburses N1.3tri To Support Power Supply

The Central Bank of Nigeria (CBN) has disbursed over N1.3 trillion to support power supply to Nigerians in the last five years. The CBN Governor, Mr Godwin Emefiele, made the remark at a news conference following a meeting of the...

February 1, 2022 No Responses

Ikeja Electric To Increase Supply Across Network In 2022

Ikeja Electric Plc says its 2022 targets include growth in energy which will increase supply across its network. Already, the electricity Distribution Company has outlined several projects for 2022 across its six business Units – Shomolu, Oshodi, Abule...