Power Sector And Other Related News Stories For Tuesday August 29th 2023
Nigerians Will Experience Improved Power Supply in Six Months
The Minister of Power, Mr Bayo Adelabu, has assured that under his watch, Nigerians will experience marked improvement in power supply in the next six months.
Specifically, Adelabu who made the disclosure on his X/Twitter handle, tied his optimism to the expected commencement of the 700MW Zungeru power plant, which he noted is about to be completed.
However, the erstwhile Minister of Power, Abubakar Aliyu, had earlier in the year revealed that the Hydroelectric power project had been completed and was only awaiting inauguration.
NSE Flays Planned Hike in Electricity Tariffs, Seeks Partnership on CNG Adoption
Using 30 per cent inflation as a rationale for increasing electricity tariffs by electricity distribution companies (DisCo) is flawed and not supported by logic, the Nigerian Society of Engineers (NSE) has said.
The President of the Society, Tasiu Sa’ad Gidari-Wudil, stated this yesterday in Abuja, explaining that although it is the industry norm to use the Central Bank of Nigeria (CBN) and Nigeria Bureau of Statistics (NBS) figures as a basis for tariff adjustment, most of the DisCos cite figures that are at variance with the current reality.
Niger to Sell Power to Other States, Says Commissioner
The commissioner of Power and Renewable Energy in Niger State, Yarima Lokogoma, has said the state will sell electric power to other states in the country.
Lokogoma said that with the establishment of the new ministry, the enactment of the bill on electricity supply which has been enacted, and the refurbishment of the four dams in the state, Niger State would enjoy uninterrupted power supply and be able to sell to other states.
The commissioner disclosed this on Monday during his first interactive session with the Permanent Secretary, Lucky Barau, and senior staff of the ministry, where he called on the personnel to brace up for the challenge ahead.
Minister of Power, Adelabu Set to Unveil Real Issue Behind Power Crisis
The Minister of Power, Adebayo Adelabu, has hinted that the problem in the Nigerian power sector is not equipment but inadequate availability of innovative capability, therefore appealing to Nigerians to stop cursing electricity companies and their workers.
He made this appeal at Ibadan, the Oyo State capital, where he met with the Central Council of Ibadan Indigenes and other relevant individuals and groups.
Speaking about power infrastructure available across the country, Adelabu noted that some of the equipment used in Nigeria’s power sector were imported from various countries including Germany, China, Korea, and others.
Don’t Rely on National Grid – NSE Tells State Govts
The Nigerian Society of Engineers (NSE) have stressed the need for various State Governments of the Country to commence the process of supplying Electricity to their citizens across the Country.
NSE Vice President, Danladi Adamu stated this while presenting a Paper on the occasion of the 2023 Engineering Week of Jalingo Branch of the Nigerian Society of Engineers held at the Catholic Pastoral Centre, Mile Six in Jalingo the Taraba State capital.
Nigeria Among Top Five Most Energy-Vulnerable Countries – Survey
Africa’s biggest economy is among the five countries in the continent’s ranking of the most vulnerable to energy shocks, a new survey by a global market research firm has said.
Euromonitor International’s first global energy vulnerability index shows that Nigeria ranked fourth in Africa, behind Angola, Cameroon, and Ghana. The country also ranked 42nd out of 100 countries.
The 2023 index which revealed individual countries’ exposure to energy shocks used six groups of indicators to measure each country’s level of energy vulnerability.