Power Sector And Other Related NewS Stories For Monday December 5th 2022

Posted by News Room December 5, 2022

We wont relent until we achieve stable power supply Ikeja Electric 

The Managing Director of Ikeja Electric(IE), Mrs.Folake Soetan, has said the company wont  relent until it achieves stable electricity for Nigerians.

Soetan stated this on the sidelines of the Nigeria Power Awards where Ikeja Electric bagged the “Most Gender Diversity Utility Company and Best Electricity Distribution Company in Nigeria.

This was even as the Executive Director, Sahara Group, and Board Chairman of Ikeja Electric, Mr. Kola Adesina, was bestowed with the Power Sector Lifetime Achievement Award in Abuja last week.

Ikeja Electric is an affiliate of Sahara Power Group, the largest privately owned vertically integrated utility group in Sub-Saharan Africa which operates the Egbin Power Plant (largest power generation station) and Ikeja Electric.


Zulum’s Visit Triggers Installation of Solar System At Maiduguri Hospital 

Less than 24 hours after a surprise visit by Borno State Governor, Prof. Babagana Umara Zulum, a solar system as an alternative source of power, has been installed at the Umaru Shehu Ultra-modern Hospital located around Bulumkutu axis in Maiduguri.

The system was installed on Saturday following a directive issued by Zulum Friday night, when visited the hospital and met patients in darkness due to a blackout said to have been for a number of days.

Technicians of the State’s Ministry of Higher Education, Science, Technology and Innovation, carried out the installation under the directive of their Commissioner, Dr. Babagana Mustapha Mallambe, who first sought permission from his fellow Commissioner in charge of the Ministry of Health.


As government fails over power supply 

Failure of the eligible customer policy of the power sector to impact positively on supply and usage in the country, five years after it was introduced, is not only frustrating, it has emphatically underscored the failure of privatization of the sector. The development should be worrying to the federal government, and to Nigerians generally, given that electricity supply is one of the most basic recipes for the political and socio-economic growth of the country.

When the federal government introduced the eligible customer policy, it was meant to address the dismal state of electricity supply in the country, and improve the performance of the distribution companies (DISCOs) and the generation companies (GENCOs).


NDPHC: Vandals destroy 6 transmission towers, kill one in Rivers 

Niger Delta Power Holding Company, NDPHC, Limited said yesterday that vandals have destroyed six electricity transmission towers connecting Afam to Onne in Rivers State, leaving one of the vigilantes guarding the lines dead.

A statement by Mr. Adesanya Adejokun, Media Adviser to NDPHC Managing Director, in Abuja, explained that the vandalised line connecting Afam to Onne in Port Harcourt was the first 330kV double circuit transmission supply line to the capital of Rivers State.


Manufacturers expenditure on alternative power surges 110% 

As public power supply in Nigeria continues to degenerate, the manufacturing sector expenditure on alternative energy source has soared to N67.8 billion in the first half of 2022 (H122) about 110 percent, year-on-year (YoY), from N32.2 billion in the corresponding period of 2021 (H121).

The Manufacturers Association of Nigeria (MAN) disclosed this in its H1 2022 Economic Review made available to Vanguard over the weekend.


Electricity distribution companies in Nigeria and the states they cover 

It was nine years in November 2022 since the federal government privatized the electricity sector. Since then, the power sector as it is also called is divided into three value chains which are, power generation, power transmission, and power distribution.

The electricity distribution and generation companies in Nigeria became privatized in 2013, with the federal government retaining the ownership of the transmission company.

The country has twenty-three (23) power-generating plants connected to the national grid, with the capacity to generate electricity. These plants are managed by generation companies (GenCos), independent power providers, and Niger Delta Holding companies.


 More than 500 Ukrainian localities without power 

More than 500 Ukrainian localities remained without power Sunday following weeks of Russian airstrikes on the electric grid, an interior ministry official said.

The enemy continues to attack the country essential infrastructure. Currently, 507 localities in eight regions of our country are cut off from electricity supplies, deputy interior minister Yevgueny Yenin told Ukrainian television.

The Kharkiv region is the worst hit with 112 isolated villages, Yenin added.

Another 90 villages were cut off in the Donetsk and Kherson regions, he said, with others in the regions of Mykolaiv, Zaporizhzhia and Lugansk.


Bboxx and EDF Loans $11m for electrification 

Solar home system providers Bboxx and Électricité de France (EDF) in Togo are getting an $11 million loan from African Development Bank (AfDB) to expand their activities in rural areas. The Off-Grid Energy Access Fund of the Energy Inclusion Facility (OGEF EIF) finances Togo electricity access.

Bboxx and EDF have provided access to electricity to 300,000 people through this partnership. The loan granted by OGEF will aid the two companies in electrifying 1.5 million people by 2030, in line with the Togolese authorities policy of electrifying the entire rural population by 2030. According to Power Africa, 57% of Togolese still do not have electricity access, most of whom are in rural areas.


Infraco Invests $2m in Electric Tricycles 

Investment company of Private Infrastructure Development Group (PIDG), InfraCo Africa, is investing US$2 million to facilitate the deployment of 400 electric vehicles by start-up Mobility for Africa in rural communities in Zimbabwe for sustainable development. The tricycles, called hambas (go ahead, in the local Ndebele language), are solar-powered and assembled in Harare, the capital. The investment contract includes the manufacture of 600 electric batteries and the installation of eight charging stations.


R1.5 Trillion Needed for SA Just Energy Transition 

The Presidential Climate Commission (PCC) Commissioner, Joanne Yawitch, while Addressing a hybrid Special Sitting on Understanding the contents of South Africa Just Energy Transition Investment Plan (JET-IP) on Thursday, said, South Africa requires an initial funding of about R1.5 trillion to transition to a low carbon and climate-resilient society for the five years 2023-2027. Yawitch stressed that achieving the JET IP outcomes depends on the scale and nature of financial support South Africa can secure from the international community to complement domestic resources.


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