Power Sector And Other Related News Stories For Monday April 15th 2024

Posted by News Room April 15, 2024

Institute Highlights Power Sector Challenges, Solutions

In a bid to resolve the lingering power outage in the country, the Nigerian Institute of Electrical and Electronic Engineers has stated the challenges facing the nation’s power sector and recommended solutions.

The institute also called on the Federal Government to audit all power infrastructure assets.



Applauding NERC’s Regulatory Moves Toward Consumer Protection In Nigeria’s Power Sector

The Nigerian Electricity Regulatory Commission is an independent body, established by the Electric Power Sector Reform Act of 2005 (repealed), now the Electricity Act of 2023 to undertake technical and economic regulation of the Nigerian Electricity Supply Industry.

The Commission is to, among others license operators, determine operating codes and standards, establish customer rights and obligations and set cost reflective industry tariffs.



New Electricity Act Introduces 3 Years Imprisonment Penalty for Electricity Theft, Destruction of Power Facilities

The new Electricity Act 2023 (EA) has prescribed more punishments for Nigerians who steal power, illegally connect electricity, tamper with metering devices, or embark on destruction of facilities belonging to operators in the value chain.

The new law, which replaces the Electricity Power Reform Act (2005), prescribes a conviction of a fine not less than three times the amount calculated for the infraction or at least three years imprisonment or both.



Tariff Hike & Band A Controversy: N4T Gas Debt, Vandalism, Energy Theft Make Power Supply Crisis Worse — Adegbemle

The latest subsidy removal in Nigeria’s power sector and the categorization of consumers into different bands were unprecedented.

However, in this interview with  Udeme Akpan, Energy Editor, Adetayo Adegbemle, Executive Director, PowerUp Nigeria, spoke on a wide range of issues, including factors fuelling low generation, transmission, distribution, and pricing as well as options that could be adopted to resolve problems in the sector.



Institute Urges FG to Audit Power Infrastructure

The Nigerian Institute of Electrical and Electronic Engineers has called on the Federal Government to audit all power infrastructure assets in the country.

This was contained in a communique released by the institute and signed by its President, Felix Olu, which was made available to journalists on Sunday.

The communique was released at the end of a one-day conference organised by the institute in Abuja.



A Case for Decentralization of Power

I intend to write a comprehensive 3-part series delving into the intricate dynamics of Nigeria’s power sector.

In Part 1, I staunchly advocate that the existing operational framework of on-grid and centralised power generation and transmission serves as the primary bottleneck restraining the development of Nigeria’s power sector.




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