Tag: power sector
Transcorp’s Ezeafulukwe on what Nigeria’s gas transportation network code means for the power sector
Nigeria's power sector faces many challenges from capacity complications to liquidity issues which have led to renewed calls by the Senate for a review of the power sector privatisation process. But how will the Gas Transportation Network Code which expected to come on board in August impact Nigeria's power sector's delivery going forward? Christopher Ezeafulukwe, MD & CEO of Transcorp Power joins CNBC Africa for more.
In response to Covid-19 realities Nigeria’s electricity regulators shelved an initially planned April tariff hike by another three months. This comes as talks that the country plans to cap electricity tariff shortfalls this year to 380 billion naira and to move to full cost-reflective tariff in 2021. Oti Ikomi, CEO and Executive Vice-Chairman Proton Energy, joins CNBC Africa to discuss stakeholders’ responses and further sectorial impact.
Is Nigeria’s 2019/2020 Tariff Order meeting set objectives? The CEO and Executive Vice-Chairman of Proton Energy, Oti Ikomi joins CNBC Africa to assess its impact and talk projections as the Nigeria’s power sector gears for possible commencement of implementation of a new tariff regime in April.
Dallas Peavey, Group Chief Operating Officer for Armese Power Solutions says the Meter Asset Providers are the go-between the distribution companies and the customers. In this interview, he discusses the challenges in bridging the metering gap in Nigeria’s power sector and plans to adopt smart meters.
Privatisation opened up Nigeria’s power sector, diversified economy, says Eko Electric’s George Etomi
Following controversies trailing Nigeria's power sector with power distribution companies taking most of the heat, Director, Eko Distribution Company, George Etomi, says the sector’s privatisation agenda would flourish once the government takes a step back. This comes as the Association of Nigerian Electricity Distributors (ANED) say they will resist any attempt to hand over their assets.
South Africa’s Eskom has offered some managers voluntary severance packages, capping costs at 400 million rand ($26.8 million), a communique sent to staff by the struggling power utility showed.
South Africa is planning to create a new power generating company separate from struggling state-owned utility Eskom to boost energy security, senior officials said on Thursday.
Executive Secretary of REN21, Rana Adib says there are opportunities for cities to drive renewable energy uptake in the power sector. She joins CNBC Africa’s Esther Awoniyi to discuss the global status of renewables.