• Latest
  • Trending

FG issues 13 new power generation, distribution licences

January 16, 2024

Ogun 2027: The Battle for Ogun Central and the Rise of the ‘Dynasty’ Ticket

April 24, 2026

The Missing Link in Nigeria’s Fiscal Consolidation

April 24, 2026

​36 Personnel to Face Court Martial Over Alleged Plot to Topple Tinubu Govt

April 24, 2026

Five Remanded in Ondo Over Attempted Murder, Property Destruction

April 24, 2026

Ex-Super Eagles Striker Eneramo Dies After Collapsing During Match

April 24, 2026

How NELFUND Helped LAUTECH’s Best Grad student Conquer Poverty

April 24, 2026

Give kidnappers my number, Oyedepo tells members to call him if abducted

April 24, 2026

WFP Alerts Nigeria, Others as Middle East Crisis Spikes Food Prices

April 24, 2026

Bishop Oyedepo Declares Spiritual Immunity Against Kidnapping

April 24, 2026

Panic in Oyo as Wild Elephant Kills One, Leaves Another Missing

April 24, 2026

No Automatic Ticket, Tinubu Backs Governors’ influence in Lawmakers’ Selection

April 24, 2026

‘Too Broad, Too Vague’: Media Voices Challenge NBC’s Election Broadcast Warning By Ayo Arowojolu

April 23, 2026

APC Reschedules Presidential, Governorship 2026 Primaries

April 23, 2026

Tinubu Meets APC Governors Behind Closed Doors

April 23, 2026

Protest Rocks Ondo Poly Over Union Suspension, Rejects Government Directive

April 23, 2026

Top Indian Physicists Condemn US-Israel Strikes on Middle East Universities

April 23, 2026

NAFDAC Raids Lagos Alcohol Syndicates, Seizes ₦350m in Counterfeit Drinks

April 23, 2026

Ondo Leprosarium Inmates Stage Protest Over Relocation Order says decision ‘inhumane’

April 23, 2026

SSANU AFUED Chapter Mobilizes for Indefinite Strike as Ultimatum Nears

April 23, 2026

Accused Atlanta Spree Killer Found Dead in Jail Cell

April 23, 2026

Tragedy at OAU: Final Exam Turns Fatal for 400-Level Medical Student

April 23, 2026

Tinubu Requests $516m Deutsche Bank Loan for Sokoto–Badagry Superhighway

April 23, 2026

Trump Envoy Proposes Italy Swap for Iran in 2026 World Cup

April 23, 2026

Vlad Plahotniuc Jailed for 19 Years in Moldova’s ‘Theft of the Century’

April 23, 2026

Ondo Police Arrest 29-Year-Old With Human Remains, Ammunition

April 23, 2026

Treason Trial: Retired Generals, Police Inspector Arraigned Over Plot to Oust Tinubu

April 23, 2026

N100m Lawsuit: Mayowa Lambe Drags Roby Ekpo to Court Over Infidelity Claims

April 23, 2026

Don Calls for Bold Strategies to Combat Parasitic Diseases in Nigeria

April 23, 2026

17 Injured as Local Trains Collide Head-On in North Zealand

April 23, 2026

British Grandmother Killed in Ghana During Quest to Recover £1M Life Savings

April 23, 2026
ADVERTISEMENT
  • Home
  • BREAKING NEWS
  • Tech
  • Entertainment
  • Lifestyle
  • Education
    • Sports
ValidView Network - Breaking News, Nigerian News, Nigerian newspapers, Entertainment, Videos, Sports, Business and Politics.
ADVERTISEMENT
  • Home
  • BREAKING NEWS
  • Tech
    • All
    • Apps
    • Mobile

    Tinubu Hails Lebara’s Entry as “Vote of Confidence” in Nigeria’s Digital Economy

    I have been fired unfairly by Paystack, says co-founder Ezra Olubi

    FG unveils digital ID app to enhance data protection, user control

    A New Era Begins: Traffic Lights to Add Fourth White Signal for Autonomous Vehicles

    Nigerian Girls Triumph at 2025 Technovation Global Summit with AI Safety App

    Trump sees progress on TikTok, says will visit China

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • CELEBRATIONS
    • Gaming
    • History and Culture
    • Movie
    • Music
    • Sports

    Ex-Super Eagles Striker Eneramo Dies After Collapsing During Match

    How Daniel Etim-Effiong’s Father Escaped the Firing Squad

    Rosenior Fighting for Future as Pressure Mounts at Stamford Bridge

    Media Personality Roby Ekpo Narrates Marriage Collapse

    Juju Music Legend Professor Y.K. Ajao Passes On; Sir Shina Peters, AJUMN Mourn

    Victoria Beckham Breaks Silence on Son’s “Brand Beckham” Betrayal: “We Loved Them All”

  • Lifestyle
    • All
    • Health

    NAFDAC Raids Lagos Alcohol Syndicates, Seizes ₦350m in Counterfeit Drinks

    Keep Your Binoculars Up and Your Clothes On: Cumbria Nature Festival Issues Hilarious Clarification

    COVID-19 Resurfaces in Nigeria as NCDC Confirms Isolated Case

    Sudanese Youth Pens Heartbreaking Letter After Losing Childhood Sweetheart to ‘Homie’

    Meet Lola Odujinrin,the First African to Fly Solo Around the Globe

    ‘My Period Stained Me’: Ondo ‘Missing’ Mother Explains Hotel Stay, Blasts Critics

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Education
    • Sports
No Result
View All Result
  • Home
  • BREAKING NEWS
  • Tech
    • All
    • Apps
    • Mobile

    Tinubu Hails Lebara’s Entry as “Vote of Confidence” in Nigeria’s Digital Economy

    I have been fired unfairly by Paystack, says co-founder Ezra Olubi

    FG unveils digital ID app to enhance data protection, user control

    A New Era Begins: Traffic Lights to Add Fourth White Signal for Autonomous Vehicles

    Nigerian Girls Triumph at 2025 Technovation Global Summit with AI Safety App

    Trump sees progress on TikTok, says will visit China

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • CELEBRATIONS
    • Gaming
    • History and Culture
    • Movie
    • Music
    • Sports

    Ex-Super Eagles Striker Eneramo Dies After Collapsing During Match

    How Daniel Etim-Effiong’s Father Escaped the Firing Squad

    Rosenior Fighting for Future as Pressure Mounts at Stamford Bridge

    Media Personality Roby Ekpo Narrates Marriage Collapse

    Juju Music Legend Professor Y.K. Ajao Passes On; Sir Shina Peters, AJUMN Mourn

    Victoria Beckham Breaks Silence on Son’s “Brand Beckham” Betrayal: “We Loved Them All”

  • Lifestyle
    • All
    • Health

    NAFDAC Raids Lagos Alcohol Syndicates, Seizes ₦350m in Counterfeit Drinks

    Keep Your Binoculars Up and Your Clothes On: Cumbria Nature Festival Issues Hilarious Clarification

    COVID-19 Resurfaces in Nigeria as NCDC Confirms Isolated Case

    Sudanese Youth Pens Heartbreaking Letter After Losing Childhood Sweetheart to ‘Homie’

    Meet Lola Odujinrin,the First African to Fly Solo Around the Globe

    ‘My Period Stained Me’: Ondo ‘Missing’ Mother Explains Hotel Stay, Blasts Critics

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Education
    • Sports
No Result
View All Result
ValidView Network - Breaking News, Nigerian News, Nigerian newspapers, Entertainment, Videos, Sports, Business and Politics.
No Result
View All Result

FG issues 13 new power generation, distribution licences

ValidViewNetwork by ValidViewNetwork
January 16, 2024
in News
0 0
0
Home News
ADVERTISEMENT
506
SHARES
527
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT
Spread the love

The Federal Government through the Nigerian Electricity Regulatory Commission has issued 13 new licences for the generation of off-grid and embedded power, independent electricity distribution, as well as for the trading of electricity.

It said the new licences were issued in the third quarter of 2023, as the cumulative quantum of electricity to be generated by the licensees was 40.9 megawatts

Under the section titled, ‘Licences and Permits Issued or Renewed,’ in the latest third quarter 2023 report of NERC, it was revealed that five new off-grid generation licences that would generate 8.81MW were issued during the review period, as well as one new licence for embedded generation of 5MW.

On other licences that were issued, the commission said, “One new licence for Independent Electricity Distribution Network, one new licence for trading, three off-grid generation licences, one embedded generation, and one IEDN licence.”

It explained that the commission issues licences for electricity generation, transmission, distribution, trading and system operations in the Nigeria Electricity Supply Industry.

“For activities that do not require licenses based on the provisions of sections 65-68 of the Electricity Act 2023, but still require authorisation from the commission, such as off-grid captive power generation and mini-grid development, the commission issues permits to the operators following a review of the relevant applications,” the NERC stated.

Nigeria generates between 3,500MW and 5,000MW of electricity for the over 200 million people across the country, a development that has been described as poor for Africa’s biggest economy.

On Monday, for instance, the country’s power generation at 6am was 4,357.09MW. Peak power generation the preceding day was 4,579.5MW, while off-peak power generation on the same day was 4,062.98MW. Many parts of Nigeria, particularly rural communities experience blackouts due to the country’s meagre power generation.

Advertisement. Scroll to continue reading.

In June 2023, Nigeria was designated the country with the largest number of people lacking access to electricity, as 86 million of its over 200 million population were living without electricity as of 2021, according to a joint report by some international agencies.

The report compiled by the International Energy Agency, International Renewable Energy Agency, United Nations and the World Health Organisation, stated that the countries with the largest number of people without access to electricity as of 2021 include Nigeria (86 million), Democratic Republic of the Congo (76 million), and Ethiopia (55 million).

ADVERTISEMENT
ADVERTISEMENT

However, the Federal Government and operators in the power supply space have been making efforts to increase the country’s electricity output over the years, which led to the privatisation of the successor generation and distribution companies in November 2013.

The issuance of licences for the generation of electricity by the government through NERC is another way of boosting the country’s power supply and reducing the number of persons who lack electricity.

Providing further explanation on the 13 new power generation, distribution and trading licences, the NERC in its report stated that Daybreak Power Solutions Limited received eight licences for various off-grid power generation projects in Lagos, Abia, Borno, Kano, Oyo and Abuja.

Ekiti Independent Power Project got a licence for the development of a gas-fired 5MW embedded power project to be constructed in Ekiti State.

Olokiti Power Distribution Limited received an Independent Electricity Distribution Network licence that would be operational in Ekiti State.

Ember Power Limited got an electricity trading licence, while Island Power Limited got a licence for the development of a 10MW embedded gas-fired power project in Lagos.

Also, Energy Company of Nigeria Limited was issued an Independent Electricity Distribution Network licence that would be operational in Lagos State.

Power consumer groups have repeatedly condemned the poor electricity supply in Nigeria despite the trillions of naira invested in the sector. They have also charged the government and operators to work harder to deliver adequate electricity to Nigerians.

PUNCH Newspaper

Do you want to share a story with us?
Do you want to advertise with us?
Do you need publicity for a product, service, or event?
Contact us on WhatsApp +2348033617468, +234 816 612 1513, +234 703 010 7174
or Email: validviewnetwork@gmail.com
CLICK TO JOIN OUR WHATSAPP GROUP
ADVERTISEMENT
Tags: electricityNational grid
Previous Post

Funke Akindele speaks on failed marriages

Next Post

Ogun, Edo, Others To Get Internet Speeds Boost – FG

ValidViewNetwork

ValidViewNetwork

Next Post

Ogun, Edo, Others To Get Internet Speeds Boost - FG

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the latest news from ValidViewNetwork
Loading

SPONSORED ADVERT

SPONSORED ADVERT

As the Lord liveth, you are feeling bushing this 6th month better and stronger than the way you started it in Jesus Mighty Name. Our angels of good news shall locate us this month. Shalom!

  • Home
  • BREAKING NEWS
  • Tech
  • Entertainment
  • Lifestyle
  • Education

© 2022 ValidViewNetwork - Website Developed by HaybeeMultimedia.

No Result
View All Result

© 2022 ValidViewNetwork - Website Developed by HaybeeMultimedia.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist