Power gov ng news

Here are some recent news articles related to power governance in Nigeria:

  1. FG to Increase Power Generation to 13,000MW by 2025 (Vanguard, March 2023)

The Federal Government has set a target to increase power generation to 13,000 megawatts by 2025, up from the current 4,000MW. The Minister of Power, Abubakar Aliyu, made this announcement during a meeting with stakeholders in the power sector.

  1. Nigeria's Power Sector Records 4,000MW Generation (ThisDay, February 2023)

Nigeria's power sector has recorded a significant milestone, with a total generation of 4,000 megawatts (MW) in February 2023. This represents a 20% increase from the previous month's generation of 3,300MW.

  1. FG to Implement New Power Tariff Regime (Punch, January 2023)

The Federal Government has announced plans to implement a new power tariff regime, which is expected to lead to a reduction in electricity bills for consumers. The new tariff regime is designed to encourage investment in the power sector and improve service delivery.

  1. Nigeria's Power Sector Loses N1.3trn Annually to Transmission Losses (Daily Trust, December 2022)

Nigeria's power sector loses an estimated N1.3 trillion annually due to transmission losses, according to a report by the Nigerian Electricity Regulatory Commission (NERC). The report highlights the need for improved transmission infrastructure to reduce losses and improve power supply.

  1. FG to Establish Power Holding Company of Nigeria (PHCN) to Oversee Power Sector (Leadership, November 2022)

The Federal Government has announced plans to establish a new power holding company, the Power Holding Company of Nigeria (PHCN), to oversee the power sector. The new company is expected to improve the efficiency and effectiveness of power generation, transmission, and distribution in Nigeria.

  1. Nigeria's Power Sector Records 3,300MW Generation in November (The Nation, December 2022)

Nigeria's power sector recorded a total generation of 3,300 megawatts (MW) in November 2022, representing a 10% increase from the previous month's generation of 3,000MW.

  1. FG to Invest N2.5trn in Power Sector in 2023 (Vanguard, January 2023)

The Federal Government has announced plans to invest N2.5 trillion in the power sector in 2023, up from the N1.5 trillion invested in 2022. The investment is expected to improve power generation, transmission, and distribution in Nigeria.

  1. Nigeria's Power Sector Loses 1,000MW to Gas Supply Shortages (Daily Trust, October 2022)

Nigeria's power sector has lost an estimated 1,000 megawatts (MW) due to gas supply shortages, according to a report by the Nigerian Electricity Regulatory Commission (NERC). The report highlights the need for improved gas supply to power generation plants to improve power supply.

  1. FG to Implement New Power Distribution Policy (ThisDay, September 2022)

The Federal Government has announced plans to implement a new power distribution policy, which is expected to improve the efficiency and effectiveness of power distribution in Nigeria. The new policy is designed to reduce power losses and improve service delivery.

  1. Nigeria's Power Sector Records 2,800MW Generation in August (The Nation, September 2022)

Nigeria's power sector recorded a total generation of 2,800 megawatts (MW) in August 2022, representing a 5% increase from the previous month's generation of 2,600MW.

These are just a few of the recent news articles related to power governance in Nigeria.