A leading player in Nigeria’s power sector, Dr. Chukwueloka Umeh, the Managing Director/Chief Executive Officer of Century Power Generation Limited, has advocated that Discos have to be auctioned again for the public to start getting value from the sector. According to Umeh, aside from solving the liquidity problem that ails …
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Off-grid power solution won’t work until grid power works, says Umeh, Century Power Boss
The Chief Executive Officer of Century Power Generation Limited, Dr. Chukwueloka Umeh has disclosed that the clamour for off-grid power as a solution to power failure in the country will continue to be a distraction to the availability of power if challenges to grid power are not resolved. He said …
Read More »CENTURY POWER CEO CALLS FOR COST REFLECTIVE ELECTRICITY TARIFF IN RESOLVING POWER CRISES IN NIGERIA
The Managing Director/CEO, Century Power Generation Ltd, Dr. Chukwueloka Umeh has said that the total deregulation of the power sector will motivate investors to put money into all areas of the broken value-chain which will ensure that consumers enjoy quality power supply. Dr. Umeh who was speaking at a virtual …
Read More »Energy experts want market forces to determine price of power
Industry leaders in the energy sector have called on the Federal Government to allow market forces to determine the price of power rather than the present system of price-fixing by the National Electricity Regulatory Commission (NERC). They were speaking at the 2019 Energy Sustainability Conference which held in Lagos. The …
Read More »‘How FG can meet 10,000mw target in 2019’
An APC chieftain in Imo, Chief Jude Mbachu, has called on government to invest in alternative source of power to meet the country’s electricity demand. Mbachu made the call in an interview with the News Agency of Nigeria (NAN) in Owerri on Sunday. He said the country’s dependence on gas …
Read More »‘Improved power supply not sustainable yet’, says Labour
As the administration of President Muhammadu Buhari clocks 100 days , organised labour in the electricity sector has said the current power supply in the country is not sustainable even as it gives reasons Nigerians are experiencing improved power supply. Speaking through the National Union of Electricity Employees (NUEE), labour …
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