Power Sector And Other Related News Stories For Friday 15th March 2024

Posted by News Room March 15, 2024
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FG Reaches Agreement With AEDC, IBEDC on Power Supply Improvement

The Federal Government on Tuesday reached with the Abuja Electricity Distribution Company, AEDC and Ibadan Electricity Distribution Company, IBEDC on how to improve power supply to 10 states and the Federal Capital Territory, FCT, serviced by the utilities. The Minister of Power, Chief Adebayo Adelabu had last week summoned the companies as well as the Transmission Company of Nigeria, TCN, over deteriorating power supply to their franchise areas.Speaking at the meeting in Abuja, Chief Adelabu noted that efforts of the government to improve power supply across the would not yield tangible results without the cooperation of the DisCos.

https://www.vanguardngr.com/2024/03/fg-reaches-agreement-with-aedc-ibedc-on-power-supply-improvement/

Nigeria’s Electricity Supply Will Improve Within Six Months – Minister

The Minister of Power, Adebayo Adelabu, has assured Nigerians that the ongoing power upgrade and investment in the power sector would improve electricity supply within the next three to six months.

Mr Adelabu gave the assurance during a working visit to some ongoing projects in Maryland and Alausa substations on Thursday in Lagos.

The News Agency of Nigeria (NAN) reports that Mr Adelabu visited Ikeja Electric and other ongoing projects in the Lagos metropolis.

https://www.premiumtimesng.com/news/more-news/677661-nigerias-electricity-supply-will-improve-within-six-months-minister.html

Aba, Setting The Pace in Nigeria’s Power Sector

The stage for Nigeria’s power sector development was set with the commissioning of Geometric Power Plant at Osisioma in Aba, the commercial nerve centre of Abia state. The 188mw of electricity plant was inaugurated by Vice President, Kashim Shettima who represented President Bola Tinubu. This is another huge milestone witnessed in the Nigerian power sector aimed at strengthening big and small scale businesses for improved productivity. The private power group has the capacity to generate its own electricity and independently supply to the Aba-Ringed Fence Area which consists of nine out of the 17 local government areas in Abia state.

https://blueprint.ng/aba-setting-the-pace-in-nigerias-power-sector/

Capping order: Kaduna Electric Completes Credit Adjustment to 49,000 Overbilled Customers

Kaduna Electric says it has completed credit adjustment to 49,000 overbilled customers under the estimated billing system from January to September 2023.

The Nigerian Electricity Regulatory Commission (NERC) in February 2024 noted that the eleven electricity distribution companies (DisCos) billed unmetered customers over N105 billion from January to September 2023.

BusinessDay findings revealed that Yola DisCos, Port Harcourt DisCos, Kaduna DisCos, Abuja DisCos, Eko DisCos and Jos DisCos overbilled unmetered customers a total of N541.8 million, N14.187 billion, N1.145 billion N17.874 billion, N13.137 billion and N13.3 billion respectively.

https://businessday.ng/news/article/capping-order-kaduna-electric-completes-credit-adjustment-to-49000-overbilled-customers/

Nigeria’s Electricity Generating Capacity Dips to 3,957MW in February – NERC

Nigeria’s available generated electricity in February 2024 dropped to only 3,957.16 megawatts amid epileptic power supply nationwide, the Nigerian Electricity Regulatory Commission Fact sheet for the operational performance of grid-connected power plants in February disclosed.

The country’s 26 grid-connected plants generated 2,642.09 Gigawatt hours, GWh, for the period in view.

This implies the abysmal power supply to electricity consumers across the nation’s 11 electricity distribution companies.

Recall that the Minister of Power, Adebayo Adelabu, had lamented that the country struggled to generate only 4,000 megawatts of electricity in recent months due to a shortage of gas supply.

https://factchecknews.com.ng/2024/03/14/nigerias-electricity-nerc/

Over-billing: Kaduna Electric Refunds 49,000 Customers

The Kaduna Electric, on Thursday, published the list of customers who had been refunded after being over-billed by the DisCo as directed by the Nigerian Electricity Regulatory Commission (NERC).

The full list of over 49,000 customers has been uploaded on the power distribution company’s website, www.kadunaelectric.com, in compliance with the NERC order.

NERC’s Capping Order directs distribution companies (DisCos) to ensure unmetered customers are not billed beyond a certain threshold.

The Registrar said in the order that the capping was aimed at aligning the estimated bills for unmetered customers with the measured consumption of metered customers on the same supply feeder.

https://leadership.ng/over-billing-kaduna-electric-refunds-49000-customers/

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