CRIME · ECONOMY · POWER

EFCC investigates 5 illegal oil dealers in Uyo_Femi Ehiabhi

The Uyo Zonal Office of the Economic and Financial Crimes Commission (EFCC) on June 30, commenced an investigation of 5 (Five) suspected illegal petroleum dealers, alongside MT PREYOR 1, a 1,000 metric tonne capacity vessel used in bunkering illegal products, suspected to be Automotive Gas Oil (AGO). This was contained in a press statement released… Continue reading EFCC investigates 5 illegal oil dealers in Uyo_Femi Ehiabhi

POWER

NERC has cancelled the Estimated Billing Methodology Regulation_Femi Ehiabhi

The Nigerian Electricity Regulatory Commission has placed limits on estimated bills that can be issued by electricity distribution companies to unmetered customers. It said it had cancelled the Estimated Billing Methodology Regulation as a basis for computing the consumption of unmetered customers by the Discos. NERC disclosed this in its order on the capping of… Continue reading NERC has cancelled the Estimated Billing Methodology Regulation_Femi Ehiabhi

ECONOMY · POWER · TECHNOLOGY

Discos, TCN demand another tariff hike_Femi Ehiabhi

Power distribution companies and the Transmission Company of Nigeria Plc have applied to the Nigerian Electricity Regulatory Commission for a review of their tariffs. NERC, in a document seen by our correspondent, said the request for rate review was premised on the need to incorporate changes in macroeconomic parameters and other factors affecting the operational… Continue reading Discos, TCN demand another tariff hike_Femi Ehiabhi

ECONOMY · POLITICS · POWER

NO IMMEDIATE PLANS TO INCREASE ELECTRICITY TARIFF-NERC_Ehiabhi Femi

Nigerian Electricity Regulatory Commission (NERC) has debunked reports on electricity tariff increase days after reports of such increase in tariff plans went viral, This was disclosed in a statement signed and released by the PRO of the commission, Usman Arabi. The commission says it has no immediate plans to increase electricity tariff. ”The attention of the… Continue reading NO IMMEDIATE PLANS TO INCREASE ELECTRICITY TARIFF-NERC_Ehiabhi Femi

POWER

WE WILL CONCENTRATE ON GENERATING REAL POWER 2020- GEN.ADEMOLA FADUNSIN_Ada Nkong

The Chairman AODemarg Nigeria limited, RTD Gen. Ademola Fadunsin has attributed the success of the company so far to God. Gen. Fadunsin said this during the 2019 annual thanksgiving celebration of the company." God is the beginning, the continuing and the end. Over these 24 years,he has taken us from unknown to known, that is… Continue reading WE WILL CONCENTRATE ON GENERATING REAL POWER 2020- GEN.ADEMOLA FADUNSIN_Ada Nkong

POWER

2020 WE WILL CONCENTRATE ON GENERATING REAL POWER- GEN.ADEMOLA FADUNSIN RTD_Ada Nkong

The Chairman AODemarg Nigeria limited, RTD Gen. Ademola Fadunsin has attributed the success of the company so far to God. Gen. Fadunsin said this during the 2019 annual thanksgiving celebration of the company." God is the beginning, the continuing and the end. Over these 24 years,he has taken us from unknown to known, that is… Continue reading 2020 WE WILL CONCENTRATE ON GENERATING REAL POWER- GEN.ADEMOLA FADUNSIN RTD_Ada Nkong

POWER

MINISTER CALLS FOR DIALOGUE WITH ELECTRICITY WORKERS_Ada Nkong

Following a general blackout attributed to a strike action by workers in the electricity sector, the Minister of state for power, Prince Goddy Jeddy Agba has appealed to the striking electricity workers to show understanding with the Federal government as efforts were on to address pending issues in the power Agba stated this while reacting… Continue reading MINISTER CALLS FOR DIALOGUE WITH ELECTRICITY WORKERS_Ada Nkong

POWER

EFCC CLAMPS DOWN ON OBASANJO’S POWER PROJECT MANAGERS_Ada Nkong

The Economic and Financial Crimes Commission (EFCC) on Wednesday detained two top officials of the Niger Delta Power Holding Company (NDPHC), the company which supervised execution of the $16 billion failed power projects. The officials are Head of Finance Marvel Emefiele and Head of Compensation Eze M. C. Odigbo. They are expected to account for… Continue reading EFCC CLAMPS DOWN ON OBASANJO’S POWER PROJECT MANAGERS_Ada Nkong

POWER

ELECTRICITY: A PARADIGM SHIFT TO THE RESCUE_FEMI EHIABHI

Electricity matters in Nigeria have always been contentious even after transiting from NEPA to PHCN and now to different DISCOs (DISTRIBUTION COMPANIES). Vandalism of equipment, lack of proper maintenance of transformers, poor management and corruption are still issues that are producing sub-optimal electricity. The DISCOs, who are supposed to be private sector driven, have done… Continue reading ELECTRICITY: A PARADIGM SHIFT TO THE RESCUE_FEMI EHIABHI