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‘Don’t Expect Steady Power Supply Until 2017’

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Investors in the power sector may need up to four years to fix issues in the Nigerian electricity market before consumers start benefitting from the transfer of ownership of the Power Holding Company of Nigeria (PHCN) assets to the private sector, industry analysts have said.

steadypower

To this end, they have advised consumers not to expect any significant improvement in the immediate term until after four years.

The issues, according to them, include metering and transformer audit, upgrade of grid levels, and manpower training requirements.

“It would take a duration of three to four years before requisite manpower can be developed, just as it will take considerable time to carry out necessary due diligence to ascertain the actual number of consumers and level of manpower needed,” the say.

The analysts, however, identified upgrade of the current grid levels as the most complex challenge.

They further say, “Knowing the grid requirement would enable them reduce technical losses as it would aid them to determine areas that would require transformers, those places that have weak distribution lines, and consumers that need to be metered as well as other activities that will reduce technical losses.”

It would take about 36 months to train the level of manpower that would be competent enough to handle the industry, said the analysts, adding that the real technical input that would be required in the distribution networks alone was yet to be ascertained because in-depth due diligence was yet to be carried out by the investors. They, however, said the investors do have a fair knowledge of what they have bought.

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1 Comment

1 Comment

  1. kechywillz

    October 21, 2013 at 5:45 pm

    its ok,but u must work as planned not later we hear that that the money has been looted

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#EndSARS: People take time out to curse me in their prayers– Aisha Yesufu Reveals

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#EndSARS: People take time out to curse me in their prayers– Aisha Yesufu Reveals

Nigerian activist, Aisha Yesufu, has revealed that Muslims now take out time to curse her in their prayers.

Information Nigeria recalls that Yesufu lead #EndSARS campaign against police brutality and reforms.

 

The female activist disclosed this on her Twitter handle.

She wrote;

”Heard I am being cursed in mosques! People finish praying and take time out to curse me in their prayers I have asked they should please let me know how many of these curses they rained on me when I was making same demands during GEJ! We are all already cursed in Nigeria”

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End SARS Protest: MC Oluomo visits burnt Makinde Police Station in Oshodi

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End SARS Protest: MC Oluomo visits burnt Makinde Police Station in Oshodi

NURTW chairman, Musiliu Akinsanya, on Thursday visited the Makinde Police station which was razed down by hoodlums during the unrest that greeted the infamous end SARS protest.

 

MC Olumo visited the station, inspecting the remains of the station with some of his boys

Recall that the Lagos state government had said that “twenty-nine Divisional Police Stations and 17 Police Posts were razed by hoodlums disguising as protesters. Also, six police officers were lynched, 36 critically injured, while 71 police operational vehicles were torched.”

Watch the video below:

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#MadeInLagos: Davido’s Jam Would Swallow That Of Wizkid: Tunde Ednut

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#MadeInLagos: Davido’s Jam Would Swallow That Of Wizkid: Tunde Ednut

Tunde Ednut on Thursday has stated that the newly released Made IN Lagos album by Wizkid cannot garner much attention like that of his counterpart, Davido.

The controversial Instagram blogger, who is an ardent fan of Davido, made this know in a tweet he sent out on Twitter.

Tunde wrote;

”If Davido drops that jam with Nicki Minaj, someone’s album will get swallowed in the process.”

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