Remove Petrol, Electricity Subsidies After Taming Inflation, IMF Tells Tinubu Govt
The Federal Government of Nigeria has been urged by the International Monetary Fund (IMF) to remove the fuel and electricity subsidies when the rising inflation has been addressed. The IMF in a report titled ‘Nigeria: 2024 Article IV Consultation’ said…
Vandalism: TCN Faults Claims By Jos Disco Over Partial Power Restoration of Gombe Transmission Line, Allocation
The Transmission Company of Nigeria (TCN) has described as false claims in media reports on Saturday by the Jos Electricity Distribution Company (Jos DisCo) that it has restored partial power supply to some parts of Gombe and that only 5MW…
Four Towers Vandalized Along Jos – Gombe 330kV Transmission Line —TCN Reveals
The Transmission Company of Nigeria (TCN) has disclosed that four towers along the Jos – Gombe 330kV transmission line have been vandalised at about 3:32pm on 22nd April, 2024. This was revealed in a statement signed by its General Manager,…
Shocking As Power Generation Now Down By 32.3%
Amid controversy that greeted the recent increment of electricity tariff in Nigeria, power generation in the country has nosedived to 2,775 megawatts (MW) yesterday.The new figure represents a 32.3 per cent decline from 4,099.87MW recorded last week. This was contained…
Electricity Tariff Hike: Revoke, Review Concessioning Agreement With DisCos, GenCos – APC Chieftain
Deputy national organising secretary of the All Progressives Congress (APC), Nze Chidi Duru, has urged the federal government to review the concessioning agreement with the electricity Distribution ( Discos) and Generating Companies (GenCos) over their monumental failure. Duru who made…
Nigeria’s Electricity Regulator Hikes Tariff For Band A Consumers
The Nigerian Electricity Regulatory Commission (NERC) has approved about 300% increase in electricity rates for Band A category customers, leading to removal electricity subsidy for 15 percent of consumers. Band A are those who enjoy electricity supply for 20 hours…
TCN Expands Regional Capacity, Increases Capacity of Port Harcourt Main Substation with 100MVA Transformer
In a bid to boosts regional capacity, the Transmission Company of Nigeria (TCN) has commissioned a 100MVA 132/33kV power transformer at its Port Harcourt Main Substation, enhancing the bulk transmission capability of the substation by 80MW. This initiative, which is…
Poor Power Supply: Niger Assembly To Grill AEDC Regional Manager
Amid worsening electricity supply to power Nigeria’s ailing economy, the Niger State House of Assembly is set to grill the regional manager, Abuja Electricity Distribution Company (AEDC). The House in exercise of its oversight powers, summoned the senior member of…
Dan Agundi Power Transformers’ Fire Incident: TCN Restores Power Affected Areas in Kano
The Transmission Company of Nigeria (TCN) has confirmed that on Sunday it restored power supply to some of the areas taking supply from the transformers affected by the Dan Agundi Substation fire incident in Kano, adding that full restoration for…
TCN Explains Outages in FCT Despite Capacity To Supply Adequate Power
The Transmission Company of Nigeria (TCN) has stated that the current power supply situation in Abuja is not attributable to inadequate transmission capacity resulting from the Gwagwalada tower vandalism incident of 26th February, 2024. The transmission company in a statement…