Electricity – Page 2 – City Business News

January 5, 2022 No Responses

FG To Revive 215MW Kudenda Power Project

The Federal Government will revive a 215 Megawatts Power Project in Kaduna State, Minister of Power, Abubakar Aliyu has said. Aliyu stated this shortly after inspecting the project on Tuesday at Kudenda in Kaduna South Local Government Area of the...

December 16, 2021 No Responses

FEC Approves $1.9b To Boost Power Supply To 7,000 Megawatts

The Federal Executive Council (FEC) has approved $1.9 billion for the procurement of equipment for the nation’s power sector as part of measures to boost power supply across the country, through the Presidential Power Initiative. Briefing Jour...

August 1, 2021 No Responses

Manufacturers In Edo, Delta Lament Poor Power Supply, Others

The Manufacturers Association of Nigeria (MAN) has identified poor power supply, high cost of diesel and raw materials as major factors affecting the businesses of its members in Edo and Delta States. Dr Okwara Udensi, Chairman of MAN, Edo/Delta ch...

May 12, 2021 No Responses

Lagos To Deploy 20,000 Prepaid Meters In Five Communities

The Lagos State Government on Tuesday said it would install 20,000 prepaid energy meters to five low-income communities in the state.The Commissioner for Energy and Mineral Resources, Mr Olalere Odusote made this known in Ikeja during the year 2021 Ministerial...

May 3, 2021 No Responses

BPE Offers Five NIPP Gencos To Investors

The Bureau of Public Enterprises (BPE) has called on prospective investors to express interest in purchasing 100 per cent shareholding in any of the five power generation companies constructed under National Integrated Power Project (NIPP) listed for sale...

April 25, 2021 No Responses

IBEDC Generates N7b Monthly

Ibadan Electricity Distribution Company (IBEDC) generates over N7 billion revenue monthly from its coverage areas. The Chief Technical Officer of IBEDC, Mr Akin Abiodun, disclosed this on Saturday during the inauguration of a new 2.5MVA, 33KV/...

February 4, 2021 No Responses

IBEDC Begins Distribution Of Free 10,000 Prepaid Meters In Osun

The Ibadan Electricity Distribution Company (IBEDC) on Wednesday commenced the official distribution of 10,000 prepaid meters to households across Osun State. The free meters distribution, which was launched under the National Mass Metering Programm...

January 2, 2021 No Responses

BEDC Rolls Out 90,870 Electric Meters In Edo,Delta,Ondo, Ekiti

The Management of Benin Electricity Distribution Company (BEDC) has concluded plans to roll out no fewer than 90,870 meters in Edo, Delta, Ondo and Ekiti States in the first quarter of 2021. BEDC head of Public Affairs, Tayo Adekule explained&nb...

November 25, 2020 No Responses

Sokoto Seeks N1.9b For Rural Electrification

November 2, 2020 No Responses

Ikeja Electric Implements Revised Service Reflective Tariff

Ikeja Electric Plc (IE) has commenced implementation of the revised Service Reflective Tariff (SRT), as approved by the Nigerian Electricity Regulatory Commission (NERC) effective November 1, 2020. The electricity distribution company made the announcement in ...

October 31, 2020 No Responses

Ikeja Electric Rolls Out 106, 000 Prepaid Meters

Ikeja Electric Plc (IE) has commenced distribution of prepaid meters to 106, 000 customers under the National Mass Metering Programme (NMMP) approved by the Federal Government. Acting Chief Executive Officer of IE, Mrs Folake Soetan, who disclo...

October 14, 2020 No Responses

Ikeja Electric Seals N11.4b Metering Contract

As part of measures to accelerate metering of customers, Ikeja Electricity Distribution Company has signed N11.4billion contract. Speaking with Journalists on Tuesday, Chairman of the company, Mr Kola Adesina, said:: “We have signed service contracts w...

February 16, 2020 No Responses

Ikeja Electric Targets N170b Revenue In 2020

Ikeja Electric (IE) has projected total revenue of N170 billion in 2020 with the implementation of the increment in various classes of electricity tariff. The company is to create a new tariff class called Bilateral for customers and had signed...

November 4, 2019 No Responses

Zamfara Electricity Consumers Owe N50billion

The Kaduna Electricity Distribution Company (KAEDCO) says it is being owed over N50 billion by consumers in Zamfara. The Commercial Manager of Gusau Area Office of the company, Alhaji Ahmad Mustafa, made the disclosure at a town hall meeting on...