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Buhari s aides, Akwa Ibom govt exchange words over new federal university

Buhari s aides, Akwa Ibom govt exchange words over new federal university
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Seven plants produce Nigeria s 59% electricity, says World Bank

Punch Newspapers Sections Published 25 May 2021 Power supply in Nigeria comes majorly from seven power generation plants that produce 59 per cent of the total electricity supplied across the country, the World Bank has said. According to the bank, Nigeria’s power sector had been operationally inefficient and this was further exacerbated by high losses and lack of payment discipline. It disclosed this in additional details contained in the bank’s report on Nigeria’s Power Sector Recovery Programme, obtained by our correspondent in Abuja on Monday. “The power sector is operationally inefficient with unreliable supply exacerbated by high losses and lack of payment discipline,” the bank stated.

Economic development: Udom is stimulating economy with SMEs

Economic development: Udom is stimulating economy with SMEs On Kindly Share This Story: With the knowledge that, Small and Medium Enterprises, SMEs, offer a large scale of employment opportunities to the citizenry, Governor Udom Emmanuel has continued to plough huge resources into the development of the sector in the State. To this end, the Governor has ensured that a workable database on SMEs is produced to guide the planning and development processes of viable and budding Small and Medium entrepreneurs doing businesses in Akwa Ibom. In this regard,11,990 SMEs have so far been registered within the first quarter of 2021 with uyo senatorial district having 40%, Ikot Ekpene Senatorial District 33% and Eket Senatorial District has 28%.

12 power plants idle, generation falls to 3,928MW

Punch Newspapers Sections Published 14 May 2021 The number of idle power plants on the national grid increased by two to 12 on Thursday following the total system collapse that occurred on Wednesday. The total power generation in the country declined to 3,927.9 megawatts as of 6am on Thursday from 4,272MW at the same time the previous day. The plants that did not generate any megawatts of electricity as of 6am on Thursday included seven of those built under the National Integrated Power Project, namely Geregu II, Sapele II, Alaoji, Olorunsogo II, Omotosho II, Ihovbor, and Gbarain. The others were Ibom Power, Rivers IPP, AES, ASCO and Egbin ST6.

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