No other idiomatic expression comes to mind to describe the euphoria about to be experienced in the Nigerian Electricity Supply Industry than “after a storm, comes a calm”. The NESI has gone through a difficult, chaotic, and stressful time from the “good old days” of the National Electric Power Authority”
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The introduction of Service Reflective Tariffs (SRT) as a precursor to Cost Reflective Tariffs (CRT) has further highlighted the need to unbundle the Transmission Company of Nigeria (TCN) into two entities, namely, a Transmission Service Provider (TSP) and an Independent System Operator (ISO), in line with the original plan for
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In July 2019, the Federal Government (FG) and Siemens signed a Letter of Agreement on the Nigeria Electrification Roadmap (NER) after the President and the German Chancellor, Angela Merkel met on August 31, 2018, in Abuja. The three-phase project seeks to harmonise the available capacity in the electricity supply value
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Transmission Company of Nigeria (TCN) is the Electricity System Operator (ESO) for the electricity transmission network in Nigeria. As such, it is responsible for the day-to-day operation of the system and, in addition to its system operator role, TCN is also the owner of the transmission system. A transmission service
Read MoreWe commend the resolve of the members of the House of Representatives in establishing an ad-hoc committee to “Investigate and Review the Activities of the Nigerian Power Sector”. Clink below link for full presentation Investigate and Review the Activities of the Nigerian Power Sector
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We commend the resolve of the members of the House of Representatives in establishing an ad-hoc committee to “Investigate and Review the Activities of the Nigerian Power Sector”. It is particularly a good time to review the activities of the power sector in Nigeria, as the downturn in revenue and the
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The Federal Government (FG) kickstarts the $2.6 billion Ajaokuta-Kaduna-Kano (AKK) National Gas Pipeline Project next Tuesday to exploit her abundant gas reserves estimated to be around 203.16 trillion cubic feet (Tcf). The AKK pipeline project aims to carry gas between the southern and northern parts of Nigeria, eventually extending extend to
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The world bank has approved an International Developmemt Association (IDA) credit facility for the Nigerian Electricity Supply Industry (NESI) for the purpose of repositioning the power sector for future power investment. Essentially, this financial intervention is tagged the Power Sector Recovery Operation (PSRO), another lexicon in our series in the
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During my first lesson in power system planning, the lecturer walked in and said, “to develop a country, one of the first things a government builds is a power system”. How true! Political power was responsible for the emergence of the Nigerian Electricity Supply Industry (NESI) when Britain, our colonial power,
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I commend the FG for the bold step in attempting to solve the electricity conundrum in the NESI. The total cost of the project is yet unknown. The full cost of the project should have been determined ab-initio, even before payment of 1.7 Billion Naira as part of Nigeria’s
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