FG Targets Improved Electricity Supply With Fresh $200m Support Fund

The federal government has said about 500,000 people without electricity in Nigeria would be able to have access to power in no distant time as it plans to spend about $200 million on providing electricity for about 105,000 households. The initiative is in continuation of its rural electrification plans. A weekly roundup of developments in the country’s power sector by the Ministry of Power, Works and Housing, quoted the Minister of Finance, Zainab Ahmed, to have stated this recently in Abuja, at the Federal Executive Council (FEC). FEC had approved a financial support worth $200 million from two multilateral institutions for the project.

Ahmed, explained that$150 million would come from the African Development Bank (AfDB), to be spent specifically on rural electrification projects while another $50 million would come from Africa Grow Together Fund for other electrification projects. With the funds, she noted that maximum power that would be generated would be 76.5 megawatts (MW) installed generating capacity, mostly from solar. She added that FEC approved the request to obtain the $150 million AfDB loan to finance the country’s rural electrification project, adding that other funds to execute power transmission projects in the country were also approved by FEC.

“Council approved three memos for ministry of finance. First, it approved a $150 million loan facility from AfDB and $50 million loan from African Grow Together Fund to finance the Nigerian electrification project. The project is a nationwide initiative to be implemented by the Rural Electrification Agency,” said Ahmed in the ministry’s report. She noted: “The project aligns with the strategy of the federal government on electrification of rural communities. The project has four components: First is solar hybrid mini-grid for rural economic development; the second is productive appliances equipment for off-grid communities, and the third is energizing education while the fourth component is institutional capacity building.

Source: ThisDay

 

Metering: NERC Issues Additional Permits to Discos, MAPs – ThisDay

The Nigerian Electricity Regulatory Commission (NERC) has issued permits to Port Harcourt Electricity Distribution (PHED), Yola Electricity Distribution Company (YEDC), Enugu Electricity Distribution Company (EEDC), Ibadan Electricity Distribution Company (IEDC) and Disco’s Meter Asset Providers (MAPs) as part of effort at closing the metering gap and eliminating the practice of estimated billing in the Nigerian Electricity Supply Industry (NESI). The General Manager, Public Affairs Department, Dr. Usman Abba Arabi, in a statement Tuesday, also said that the Commission has directed that the rollout of meters would commence not later than May 1, 2019.
Arabi said customers of Discos should expect from the commencement of rollout date for meters to be installed in their premises within 10 working days of making payment to MAPs in accordance with section 18 (3) of the MAP Regulations 2018. He also added that the Commission would monitor closely the rollout plan of distribution licensees and overall compliance with the regulation and various service agreements by the MAPs and electricity distribution licensees. Arabi stated: “The Commission has issued permits to Port Harcourt Electricity Distribution Plc, Yola Electricity Distribution Company Plc, Enugu Electricity Distribution Company Plc, and Ibadan Electricity Distribution Company Plc, Disco’s Meter Asset Providers (MAPs), in accordance with section 4(3) of the MAP Regulations- NERC- R-112 of 2018, to MAPs that were successful in the procurements conducted by Port Harcourt Electricity Distribution Plc (PHED),  Yola Electricity Distribution Company Plc (YEDC), Enugu Electricity Distribution Company Plc (EEDC) and Ibadan Electricity Distribution Company Plc (IBEDC).
“Section 4(3) of the MAP Regulation 2018 requires all electricity distribution licensees to engage MAPs that would assist, as investors, in closing the metering gap and thus eliminating the practice of estimated billing in the Nigerian Electricity Supply Industry (NESI). “PHED has appointed Armese Consulting Ltd and Holley Metering Ltd, YEDC has Chris Ejik International Agencies Ltd, EEDC appointed Mojec International Ltd, while IBEDC appointed CWG Plc, Integrated Resources Ltd, Mojec International Ltd, Momas Electricity Meters Manufacturing Company Ltd, New Hampshire Capital Ltd, Protogy Global Services Ltd and Tinuten Nigeria Ltd respectively to provide meters within their respective franchise under MAPs. “MAPs shall charge an upfront amount of N36,991.50 for single phase meters and N67,055.85 for three phase meters respectively.  These costs of meters are inclusive of supply, installation, maintenance and replacement of meters over its technical life.”

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