Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    Modular Refineries Capable of 10% Diesel Needs – CORAN

    March 5, 2026

    I escaped five years without movie role – Benedict Johnson

    March 5, 2026

    CBN gold reserves rise to $3.5bn

    March 5, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      2027 Elections: Amupitan’s Assurance of Nigeria’s Best Elections Without Technical Glitches

      March 2, 2026

      ADC mandates digital revalidation, unveils online membership portal

      March 1, 2026

      Atiku, Obi, Amaechi Hold Joint Press Conference on Electoral Act Reforms

      February 27, 2026

      INEC Declares New Dates: Jan 16 for Presidential; Feb 6 N’Assembly Elections, Governorship, Assembly

      February 27, 2026

      “Elections aren’t won on social media,” Tinubu urges opposition to focus on grassroots mobilization instead of online campaigns.

      February 25, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment March 5, 2026

      I escaped five years without movie role – Benedict Johnson

      Recent

      I escaped five years without movie role – Benedict Johnson

      March 5, 2026

      ‘Sinners,’ ‘The Studio’ Lead Winners at 2026 Actor Awards Ahead of Oscars Race

      March 2, 2026

      Sporty Group Presents Burna Boy In New TV Commercial 

      February 27, 2026
    • Business

      IWD 2026: Ecobank Nigeria Unveils Enhanced ‘Ellevate’ Programme To Accelerate Growth For Women Entrepreneurs

      March 4, 2026

      Firms Embracing Local Raw Material Sourcing Record Profit Surge Amid Import Cost Pressures

      March 2, 2026

      Financial Services Sector Contribution to GDP Increased 15% to N6.58trn in 2025 ~ NBS

      March 2, 2026

      Dangote Cement Expands African Operations, Strengthens Energy Security Amid Strong Financial Performance

      February 28, 2026

      Dangote Refinery: Stanbic IBTC, Standard Bank, Vetiva to Lead in Historic NGX Listing

      February 28, 2026
    • Health

      NAFDAC Warns Public Over Counterfeit HIV Diagnostic Test Kits in Circulation

      March 5, 2026

      FG Approves Medical Fellowships as Equivalent of PhD for Academic Promotion

      March 5, 2026

      Agencies Convene in Lagos to Advance Nigeria’s Integrated Climate and Health Early Warning System Under NDC 3.0

      March 4, 2026

      Experts Urge FG to Integrate Obesity Prevention Into Primary Healthcare as World Obesity Day Is Marked

      March 4, 2026

      National Assembly Proposes ₦2.13 Trillion Health Budget for 2026, Seeks Start-up Grants for New Teaching Hospitals

      February 27, 2026
    • Culture

      Lagos Fanti Carnival holds in April

      February 18, 2026

      Tinubu Hails Northwest Stability at Argungu as Dozens Feared Dead in Niger State Bandit Attacks

      February 15, 2026

      Obasanjo Calls for Urgent Preservation of Egba Heritage Ahead of 2026 Lisabi Festival

      February 11, 2026

      Argungu Fishing Festival Opens in Kebbi, Celebrating Centuries-Old Tradition

      February 11, 2026

      Nigeria Advances Talks on Return of Benin Bronzes as Lagos Museum Prepares New Exhibition Wing

      February 6, 2026
    • Lifestyle

      Nigeria’s Youth Embrace ‘Slowmaxxing’ to Combat Digital Burnout

      February 18, 2026

      MasterChef Nigeria Debuts with Record ₦73 Million Grand Prize

      February 16, 2026

      Rite Foods Tasks Nigerians On Love At Valentine’s Day

      February 14, 2026

      WEMA Bank Set To Sponsor Celebrity Performance At Couple’s Wedding

      February 14, 2026

      Agunbiade Wins Double Honours at 2026 Coolwealth Awards

      February 12, 2026
    • Sports

      FIFA: Iran’s participation in 2026 FIFA World Cup doubtful

      March 4, 2026

      Global Youths Converge on New York for World Challenge Events

      March 2, 2026

      Champions League Round of 16 Draw Sparks Excitement as Manchester City Face Real Madrid

      February 28, 2026

      Lionel Messi set for White House visit as Inter Miami CF commemorate 2025 MLS Cup win

      February 28, 2026

      Nigerian Diaspora Athletes to Compete as “38th State” in Inaugural National Intermediate Games

      February 25, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » Gov plans to increase Band A customers, power generation hits 5,543MW
    News

    Gov plans to increase Band A customers, power generation hits 5,543MW

    Ifetayo AdeniyiBy Ifetayo AdeniyiFebruary 20, 20253 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    Gov plans to increase Band A customers, power generation hits 5,543MW

    Gov plans to increase Band A customers, power generation hits 5,543MW.

    The Federal Government has revealed that it is interested in moving most electricity consumers in Nigeria to Band A where they will enjoy a minimum of 20 hours of electricity supply daily.

    It disclosed this on Wednesday as the Transmission Company of Nigeria announced a major milestone in the nation’s power sector, revealing that Nigeria has achieved a new peak power generation of 5,543.20 megawatts.

    This landmark event occurred on Friday, February 14, 2025, at precisely 11:00 PM, surpassing the previous record of 5,478.73MW, which was set just a day earlier, on Thursday, February 13, 2025.

    This milestone was disclosed in a statement issued by the management of the company on Wednesday.

    The statement read, “The Transmission Company of Nigeria is pleased to announce that the Nigerian Power Sector achieved a new peak generation of 5,543.20MW for the year 2025, On Friday, February 14, 2025, at 11:00 pm. This surpasses the previous peak of 5,478.73MW recorded on Thursday, February 13, 2025.”

    In addition to the new peak generation, TCN also highlighted a significant achievement in energy distribution.

    It added that the Maximum Daily Energy for the day reached an unprecedented 125,159.48MWH, breaking the previous record of 121,674.88MWH, set on February 7, 2025, by an impressive margin of 3,484.60MWH.

    The company confirmed that it successfully transmitted this new peak generation and maximum daily energy to the country’s distribution companies, ensuring that the power is efficiently distributed to consumers across Nigeria.

    This came as the Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, stated during an interview with Arise News on Wednesday that the government is interested in moving most electricity consumers in Nigeria to Band A.

    According to Verheijen, the plan is to energise the country, giving electricity to the underserved and unserved communities.

    According to her, the government is planning to ensure that all customers are metered to know their consumption and improve cash flow to drive investments.

    She emphasised that the current reforms are to make the sector more viable, favouring both the distribution companies and their customers.

    “So, whether you’re a business, if you’re in an industrial cluster, you should see improved distribution capacity, improved reliability, and improved access. And that the Discos now have the capital and the cash flow to deploy more investment and infrastructure. So you should feel the difference in terms of service levels.

    “The goal is that most customers in Nigeria become Band A customers, that is, they get over 20 hours of service. So you should be able to see that from these interventions,“ she stated.

    Verheijen maintained that about 60 to 70 per cent of Nigeria’s gas goes to one sector, the power sector.

    However, she said the gas companies have not been able to recover their funds from the power generation companies due to illiquidity in the power sector, saying “We need to diversify the uses of our gas. But you can’t diversify if the cash flows don’t work.”

    On the distribution companies, she maintained that the privatisation of the power sector did not go through the rigorous exercise that could ensure that the people who bought the assets had the financial and technical capacity to make the investments that were required to drive reliability.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleFG places ban on 60,000 litres tankers nationwide from March
    Next Article True confession: June 12 1993 election was won by Abiola – Babangida
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    News March 5, 2026

    CBN gold reserves rise to $3.5bn

    News March 5, 2026

    Middle East War Intensifies as Israel and Iran Exchange Fresh Strikes

    News March 5, 2026

    2027 Elections: Disu Vows Police Neutrality in Conduct

    News March 5, 2026

    Chinese Media Struggle to Gain Audience in Africa Despite Heavy Investment

    News March 4, 2026

    Zenith Bank Marks IWD 2026 With High-Level Seminar

    News March 4, 2026

    GTCO Appoints Marie Namias As Independent Non-Executive Director

    Leave A Reply Cancel Reply

    Don't Miss
    Oil & Gas March 5, 2026

    Modular Refineries Capable of 10% Diesel Needs – CORAN

    The Crude Oil Refineries Association of Nigeria says modular refineries have the capacity to supply…

    I escaped five years without movie role – Benedict Johnson

    March 5, 2026

    CBN gold reserves rise to $3.5bn

    March 5, 2026

    Middle East War Intensifies as Israel and Iran Exchange Fresh Strikes

    March 5, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Sahara Reporters Fake And Malicious Publication On Prince Ned Nwoko

    December 17, 2021

    ACE-COMEDIAN, SHORTCUT HOSTS COMEDY 3.O IN ABUJA.

    November 3, 2021

    16th Edition Of Face Of Edo, 10th Edition of Face Of The World Nigeria Beauty Pageant Hold In Benin.

    November 11, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.