BPtoReviewSafety

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Tuesday, 7 May 2013

No end in sight to crazy billing, power theft -Investigations

Posted on 01:14 by Unknown
Nigeria-power-plant
 
There seems no end in sight to incidences of crazy billing and power theft currently rocking the nation’s power sector, findings by **Daily Independent** revealed at the weekend.
This came as the Federal Government said it would require N77 billion to close the metering gap of 2.5 million in the country.
Minister of Power, Professor Chinedu Nebo disclosed this at the weekend, said until the amount is sourced, power theft and excess billings from distribution companies may persist.
A source at the Nigerian Electricity Regulating Commission (NERC) queried our correspondent in a chat on Saturday: How do we get this exorbitant amount when the government is neck-deep into how to raise money to compliment the revenue for the privatisation of Power Holding Company of Nigeria (PHCN) to settle the labourt force?”
Meanwhile, Prof Nebo says it was no longer possible for the government to attain 10,000 megawatts electricity generating capacity this year, as initially planned for December.
Addressing a press conference in Abuja, he blamed this on delays in some of the engineering works by contractors handling national independent power projects (NIPPs).
The Minister announced a shift in target date for achieving the 10,000mw to first quarter of 2014, adding that addressing the metering gap is the solution to incidences of power theft and excess billings from distribution companies.
He urged Nigerians to be patient with the government to see ongoing recovery works at the Kainji and Jebba dams, and NIPPs come to fruition, assuring that the NIPPs would add fresh capacity to the national power grid.
He maintained that Nigeria needed a smart grid to transmit all power generated to the distribution companies, which was why the Federal Government has contracted Manitoba Hydro International to manage the Transmission Company of Nigeria, TCN.
Nebo disclosed plans to build more dams for hydro power uses, to complement the existing hydro power stations in the country.
“Now, more than ever before Nigeria needs a robust super grid network which is estimated to cost $3.4 billion,” he said, noting that the facility is required to meet international standard in power transmission and distribution chain. Other renewable energy sources like solar, bio-mass which are off the super grid, he assured, will continuously be available for domestic uses.
 
Click link to read more on Daily independent
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest
Posted in PUBLIC | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • FG Pays N118bn as Severance Package to PHCN Staff
        By James Emejo 
 The federal government Tuesday said the payment of severance benefits to workers of the Power Holding Company of Nig...
  • PHCN card payment system: Another burden for electricity consumers?
      THE nation’s electricity provider, the Power Holding Company of Nigeria, (PHCN) recently introduced a new payment option, designed to furt...
  • We have succeeded in power sector reforms – BPE DG
    Benjamin Ezra Dikki is the Director General/Chief Executive, Bureau of Public Enterprises (BPE). In this interview with ONYEKA-AJUMOBI ONOCH...
  • AFC invests $250m in Power Africa initiative
      The Africa Finance Corporation has announced in Lagos its plan to invest over $250m in the power sector of Ghana, Kenya and Nigeria over t...
  • FG won’t hand over power firms to buyers until full payment
        Federal Government said yesterday that it won’t handover the 15 Power Holding Company of Nigeria (PHCN) successor companies to their buy...
  • Nigeria: Era of Fraud Over in Power Sector - Nebo
    Minister of Power, Prof. Chinedu Nebo, on yesterday read the riot act for dubious people in the nation's power sector, warning them that...
  • NERC Inaugurates Ibadan Forum Office
      Dr Sam Amadi, the Chairman, Nigerian Electricity Regulatory Commission (NERC), says privatisation of the power sector is the best step ...
  • We can’t guarantee your safety, communities tell PHCN
      Community development associations’ chairmen in Oshodi, Mafoluku and Shogunle in Lagos State have advised Power Holding Company of Nigeria...
  • NERC inaugurates Port Harcourt forum office
    The Nigerian Electricity Regulatory Commission has inaugurated an electricity complaints forum office in Port Harcourt, Rivers State. NERC s...
  • FG deploys MYTO fund to fix electricity companies
      Written by Simon Echewofun Sunday Share   The Minister of state for Power, Hajiya Zainab Ibrahim Kuchi has said the zero budgetary ...

Categories

  • Banks (1)
  • BPE (10)
  • CBN (1)
  • Discos (7)
  • Electricity (22)
  • Fed.Govt. (78)
  • Lagos (1)
  • Manitoba (1)
  • Metering (13)
  • Minister (42)
  • N.U.E.E (7)
  • NCP (1)
  • NERC (40)
  • PHCN (119)
  • Power Sector (88)
  • Power Supply (25)
  • PRIVATISATION (21)
  • PUBLIC (11)
  • Reforms (5)
  • SSAEAC (2)
  • TCN (3)
  • TUC (1)

Blog Archive

  • ▼  2013 (500)
    • ►  August (49)
    • ►  July (109)
    • ►  June (126)
    • ▼  May (153)
      • Nigeria’s power sector still stutters
      • We’ve boosted electricity with N1.3b, says Dickson
      • South Korea to invest $30bn in Nigeria’s power sector
      • 4,000 megawatts & more! Here is the full list of F...
      • Will the power minister deliver the goods?
      • Govt inaugurates committee on coal-to-power genera...
      • Tackling the challenge of unsteady power supply
      • Chinese Companies to Build Hydro-Power Plants for ...
      • Electricity: ‘Nigeria can attain10,000mw by year end’
      • PHCN attributes high bills to faulty meters
      • FG Approves $1.7bn Counterpart Fund For Power Sector
      • Our children’ll not remember generator again — Jon...
      • Unending ripples over unbundling of PHCN
      • FG deploys MYTO fund to fix electricity companies
      • PHCN: Preferred bidders and current realities
      • PHCN fleece Nigerians of N3.41trn/yr on electricit...
      • Dagogo-Jack: Nigeria’s Electricity Challenges More...
      • Controversy Shrouds FG’s Proposed Review of Electr...
      • Power: NCP approves financial bidders for Kaduna, ...
      • Problem of power sector is corruption, not lack of...
      • FG won’t hand over power firms to buyers until ful...
      • No secret takeover of electricity firms —BPE
      • PHCN Twitter account functioned only 24 hours in 2...
      • FG and delayed handover of GENCOs, DISCOs
      • PPMs: Relief comes for Nigerians
      • Why investors are yet to pay 75% balance for PHCN
      • NERC inaugurates working group on uniform account ...
      • New metering policy rekindles hope in indigenous m...
      • Finance Ministry releases N200 billion 2nd Quarter...
      • FG TO Handover PHCN Companies To Private Owners In...
      • Investors to take over PHCN in July
      • PHCN Privatisation: FG Envisages July Relinquishme...
      • ‘Corruption, insecurity may hinder expected growth...
      • Power generation to hit 10,000 mw by Dec – Minister
      • Electricity: World Bank to assist Nigeria generate...
      • Power financing: Banks eager, await documentation ...
      • Power Sector bedevilled By Weak, Old Infrastructur...
      • POWER SECTOR: STILL A CHALLENGE
      • Minister Wants Extra Funding For Power Projects
      • $500m AfDB loan: FG commences withdrawal, sets up ...
      • Minister Wants Extra Funding For Power Projects
      • Containing the PHCN leviathan
      • Skye Bank to invest $150m in power sector
      • NERC commences N50,000 pre-paid meter scheme
      • PHCN high tension cable kills two in Edo
      • PHCN blames transmission station fire on defective...
      • Jebba community cries out over pollution of water ...
      • PHCN assures customers of stable power supply…seek...
      • PHCN is ‘billing’ us to death ...It is not true - ...
      • PHCN customers divided over prepaid, analog meters
      • Prepaid meters, a better alternative to analog ones
      • Electricity: NERC Grants Consumers Leverage on Act...
      • Power Sector Earned N189bn in 2012
      • Fire Incident: PHCN Embarks on Network Rearrangement
      • NERC holds consultation on metering code
      • Electricity meter to cost more - NERC
      • FG selects 134 firms for new electricity meter scheme
      • Kaduna Electricity Company Warns Staff Against Ext...
      • PHCN cries out against rising equipment vandalism
      • Power supply: Senate summons Ministers, PHCN manag...
      • PHCN promises improve power supply
      • Transmission station fire: PHCN allays fear of bla...
      • NDPHC plans to add 4000MW to national grid by Dece...
      • ‘Nigeria Can Hit 35,000 Megawatts If…’
      • Power outages, result of old, wreck infrastructure...
      • Fire Outbreak: Power Supply To Lagos Cut By 20%
      • Open Mic Nigeria's electricity issue
      • Privatisation: FG To Review Electric Power Reform ...
      • ‘Why we’re rationing power in Lagos, Ogun’
      • ‘Redistribution of transformers ’ll boost electric...
      • NERC Commissions Abuja Electricity Consumers’ Comp...
      • Nebo dares power sector cabals, says FG’s vision f...
      • We can’t guarantee your safety, communities tell PHCN
      • Jonathan approves alternative funding for PHCN
      • FG to Tweak Power Sector Reform Act, Seeks Lawmake...
      • Police arrest five for protesting PHCN ‘outrageous...
      • Electricity: 85 Firms To Distribute Meters Nationwide
      • NERC Certifies 80 Electricity Meter Vendors/instal...
      • N335bn needed to keep power sector alive - Minister
      • NERC to issue code to regulate electricity metering
      • Soon, we’ll cripple the cabal in the power sector,...
      • Nigeria Needs N335b For Super National Grid — Nebo
      • NERC pegs electricity meters costs at N25, 000 to ...
      • NERC Rolls Out New Electricity Metering Scheme
      • NERC orders PHCN to supply meters paid for in 2011
      • NERC: What manner of regulation?
      • Fire guts Ipaja power transmission station
      • Corruption, Power Sector, Credible Elections, Hind...
      • Improved electricity: Distribution Company boss ge...
      • NUEE cautions against retrenchment
      • Electricity Consumers Begin Payment For Meters
      • Payment Of PHCN Workers’ Entitlements Yet To Commence
      • NERC Begins New Metering Scheme
      • PHCN gets deadline to complete abandoned project i...
      • Local content’ll lower cost of electricity –Amadi
      • Achieving robust power transmission network
      • NERC commissioner, Eyo Ekpo, speaks with TheScoop ...
      • Igboanugo: Nebo’s kind of revolution
      • Power and Govt promises
      • Institute To Train Over 5,000 Engineers, Craftsmen...
    • ►  April (63)
Powered by Blogger.

About Me

Unknown
View my complete profile