Barry Uba

March 28, 2019

Elumelu ‘to add’ 1,400MW to national grid with $2.5bn investment in power

Plans to increase Nigeria’s national grid by 700 megawatts (MW), may be taking shape as Tony Elumelu, chairman of Transcorp Nigeria Plc, has pledged to invest […]
March 28, 2019

DisCos are responsible for meters, NERC tackles ANED

The Nigerian Electricity Regulatory Commission (NERC) says it is the obligation of the distribution companies (DisCos) to ensure that consumers are provided with meters under the […]
March 27, 2019

CBN cuts interest rate to 13.5%, seeks GDP rebasing

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate, also known as the benchmark or main interest rate, […]
March 27, 2019

Vandals destroy six power transmission towers of TCN in Delta

The Transmission Company of Nigeria (TCN) says six of its power transmission towers along Delta-Benin and Delta–Sapele-Benin 330kV transmission line routes have been vandalised with some […]
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