FEC Ratifies Nigeria, USA Air Transport Agreement, Siemens Power Project

NewsPowerTravelFEC Ratifies Nigeria, USA Air Transport Agreement, Siemens Power Project

PilotnewsJuly 30, 2020

The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved the ratification of the Air Transport Agreement between Nigeria and the United States of America (USA) as well as Siemens Power Project. The Ministers of Information and Culture, Alhaji Lai Mohammed and that of Finance, Budget and National Planning, Zainab Ahmed, disclosed this when they briefed State House correspondents at the end of the virtual Council meeting in Abuja. According to...

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No Plan to Reverse Privatisation of Power Sector — Senate

NewsPoliticsPowerNo Plan to Reverse Privatisation of Power Sector — Senate

PilotnewsJuly 21, 2020

Sen. Gabriel Suswan, the Chairman Senate Committee on Power says the senate has no plans to reverse the privatisation of the power sector. Suswan made this known in Abuja during the committee’s oversight visit to some government structures being occupied by the Abuja Electricity Distribution Company (AEDC). According to him, the senate is not pushing for the reversal of privatisation of the sector as that will distal the economy and create issues of trust in...

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Kano Records Significant Improvement in Power Supply – KEDCO

NewsPowerKano Records Significant Improvement in Power Supply – KEDCO

PilotnewsJuly 17, 2020

The Management of Kano Electricity Distribution Company (KEDCO), said it has recorded significant improvement in power supply as against claims of epileptic supply by the Kano State Water Board. It will be recalled that the Board had attributed water scarcity in Kano metropolis to drastic drop in power supply to its treatment plants. Ibrahim Shawai, the Head, Corporate Communications of the company, gave the clarifications in a statement on Friday in Kano. Shawai dismissed the...

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Minister Directs Power Contractors Back to Sites

NewsNigeriaPowerMinister Directs Power Contractors Back to Sites

PilotnewsJuly 12, 2020

The Minister of  Power, Mr Sale Mamman, has directed contractors handling power projects across the country to return to sites as COVID-19 lockdown by the Federal Government is being relaxed gradually. Mr Aaron Artimas, Special Adviser, Media and Communication to the Minister, made this known in a statement in Abuja on Sunday. Mamman gave the directive during an inspection visit to the new Gagarawa 2 by 60 Mega Volt Amp (MVA) 132/33 KiloVolt Sub-station being...

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Senate Urges FG to Subsidise Electricity for Nigerians

NewsNigeriaPowerSenate Urges FG to Subsidise Electricity for Nigerians

PilotnewsJuly 1, 2020

The Senate on Tuesday asked the Federal Government to subsidise electricity for Nigerians in a bid to alleviate the proposed hike in electricity tariff which had been deferred to next year. Chairman Senate Committee on Power, Sen. Gabriel Suswam made the call while briefing newsmen in Abuja. NAN reports that the leadership of the National Assembly on Monday waded into the controversy on the planned hike in electricity tariff from July 1. The representatives of...

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Why DISCOs Agreed to Postpone Tariff Hike Implementation After NASS Intervention

BusinessNigeriaPowerWhy DISCOs Agreed to Postpone Tariff Hike Implementation After NASS Intervention

Adeola Oladipupo (Correspondent)June 30, 2020

The National Assembly has prevailed on electricity distribution companies to postpone the tariff increase which was due to be implemented on July 1. The resolution was reached at a meeting between the National Assembly leaders, including the President of the Senate, Ahmad Lawan; the Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila; Chairmen of the of the Committees on Power from the Senate and House of Representatives; other principal officers of the two...

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NewsPowerIBEDC: Ogun, Osun, Oyo, Kwara, Ekiti to Get New Tarrif on July 1

Adeola Oladipupo (Correspondent)June 27, 2020

Seven states and 22 business hubs under the Ibadan Electricity Distribution Company (IBEDC) would get new tarrif as the IBEDC begins the implementation of the tariff review from July 1. The Chief Operating Officer of the IBEDC, John Ayodele, said that the review was in line with current economic realities and needed for the financial sustainability of the company in the power sector. ”The objective of the review is to ensure that IBEDC adjusts its...

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Ikeja, Eko Discos to Charge Customers More from July 1

NewsPowerIkeja, Eko Discos to Charge Customers More from July 1

Adeola Oladipupo (Correspondent)June 27, 2020

The electricity distribution companies operating in Lagos have said they would commence the implementation of upward review of tariffs from July 1. The Ikeja Electricity Distribution Company’s Head of Corporate Communications, Mr. Felix Ofulue, said in a statement that end-users would pay based on the level of service — including availability and reliability – provided to a cluster of customers. “The different service levels to all categories of electricity consumers will also be accompanied by...

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Port Harcourt DisCo Begins New Electricity Tariff July 1

BusinessNigeriaPowerPort Harcourt DisCo Begins New Electricity Tariff July 1

PilotnewsJune 25, 2020

Port Harcourt Distribution Company (PHED) will on July 1 begin implementation of a new electricity tariff to customers in four states, says an official of the company. The states are Akwa Ibom, Bayelsa, Cross River, and Rivers. The PHED Manager of Corporate Communications, John Onyi, said in a statement in Port Harcourt on Thursday that the tariff would be reviewed upward. He said: “PHED wishes to notify customers in Akwa Ibom, Bayelsa, Cross River and...

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Ikeja Electric Increases Cost of Prepaid Meters by 19.6 %

NewsNigeriaPowerIkeja Electric Increases Cost of Prepaid Meters by 19.6 %

PilotnewsJune 11, 2020

Ikeja Electricity Distribution Company (IE) has announced that the prices of meters sold to customers under the Meter Asset Provider (MAP)scheme has been reviewed upward effective June. 1. The DisCo, in a notice on its Twitter account on Thursday, said the review was in compliance with the directive of the Nigerian Electricity Regulatory Commission (NERC). It said the review was to reflect the recent changes in Foreign Exchange rate by the Central Bank of Nigeria (CBN). The DisCo...

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