Nigerian electricity news

Here are some recent news updates on the Nigerian electricity sector:

Power Generation and Distribution

  1. Nigeria's power generation capacity increases: The Nigerian Electricity Regulatory Commission (NERC) has announced that the country's power generation capacity has increased to 7,000 megawatts (MW), up from 4,000 MW in 2015. (Source: Vanguard)
  2. TCN completes 330kV transmission line: The Transmission Company of Nigeria (TCN) has completed the construction of a 330kV transmission line from Kaduna to Kano, which is expected to improve power supply to the North-West region. (Source: ThisDay)
  3. EEDC to invest in grid expansion: The Enugu Electricity Distribution Company (EEDC) has announced plans to invest N100 billion in grid expansion and upgrade projects to improve power supply to its customers. (Source: Leadership)

Power Sector Reforms

  1. NERC introduces new tariff regime: The NERC has introduced a new tariff regime for electricity consumers, which is expected to increase revenue for power generation and distribution companies. (Source: Punch)
  2. FG to privatize more power assets: The Federal Government has announced plans to privatize more power assets, including the Kainji and Jebba power plants, to attract more investment into the sector. (Source: Daily Trust)
  3. Nigerian government to review power sector laws: The Federal Government has announced plans to review the laws governing the power sector to improve the sector's performance and attract more investment. (Source: The Nation)

Challenges and Concerns

  1. Power outages persist: Despite the increase in power generation capacity, power outages continue to plague many parts of the country, with many consumers complaining of frequent and prolonged outages. (Source: Premium Times)
  2. Discos face financial challenges: The 11 power distribution companies (Discos) in Nigeria are facing financial challenges, which are affecting their ability to invest in grid expansion and upgrade projects. (Source: BusinessDay)
  3. Nigerian government to address power sector challenges: The Federal Government has announced plans to address the challenges facing the power sector, including the lack of infrastructure and inadequate funding. (Source: The Guardian)

These are just a few of the recent news updates on the Nigerian electricity sector. I hope this information is helpful!