Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    Keystone Bank Donates ICT Centre to Makurdi School, Boosting Digital Learning

    May 4, 2026

    NNPC Partners China, Seals Deal to Revamp Refineries

    May 4, 2026

    Stanbic IBTC Bank Nigeria PMI®: Business Activity Continues To Rise, But Higher Fuel Costs Limit Growth

    May 4, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Ex-Minister Uche Nnaji Defects to PDP Amid Forgery Probe, Eyes Enugu Governorship

      May 4, 2026

      PDP Crisis: BoT Summons Emergency NEC Meeting to Avert Leadership Vacuum

      May 4, 2026

      Nigeria Blazes New Trail with Record-Breaking Start at World Athletics Relays in Botswana

      May 3, 2026

      Zamfara APC Congress: Gov. Lawal Declares Strong Political Base As Key to Governmental Strength

      May 3, 2026

      Zamfara APC Stakeholders Unanimously Endorse Tinubu, Lawal for Second Term

      May 3, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment May 4, 2026

      Mo Bimpe Requests Celebrating Market Women’s Presence at Children’s Naming

      Recent

      Mo Bimpe Requests Celebrating Market Women’s Presence at Children’s Naming

      May 4, 2026

      Carter Efe Beats Portable in Celebrity Boxing, E-Money Gifts N50m

      May 2, 2026

      DJ Tunez, Wizkid Announce New Collaboration Set for Release This May

      May 2, 2026
    • Business

      GTCO Plc Reports Profit Before Tax Of ₦302.9Billion, As It Releases 2026 Q1 Unaudited Results

      April 30, 2026

      Uber has introduced a new hotel booking feature within its app as part of its strategy to evolve into a comprehensive “everything app.” The service, developed in partnership with Expedia, allows users to search and reserve hotel rooms from a selection of more than 700,000 properties. The feature integrates travel tools such as maps, filters, and pricing options, while enabling payments through saved card details already stored in the Uber platform. According to Uber CEO Dara Khosrowshahi, the company is expanding beyond ride-hailing and food delivery to become a unified platform for a wide range of everyday services. Expedia CEO Ariane Gorin said the collaboration is aimed at simplifying travel planning and reducing the steps required to complete bookings. Uber also plans to extend the partnership to include short-term rental listings through Vrbo in the future. The move reflects a broader global trend toward multifunctional apps that combine services like transport, shopping, and payments in a single ecosystem, similar to platforms such as WeChat and Alipay in China. Other tech companies are also pursuing similar “super app” models, including Airbnb, which has added experiences and personal services, and X, which is exploring financial services integration. Uber further revealed plans to incorporate AI-powered tools, including meal planning, shopping list creation, delivery coordination, and a voice assistant for navigating the app.

      April 29, 2026

      BUA Cement Sustains Revenue Growth by 22.1% to N355bn in Q1 2026

      April 27, 2026

      Southwest Investment Summit and Awards 2026 Set to Drive Regional Growth, Honour Change-Makers

      April 26, 2026

      Transcorp Group reports ₦125.1bn revenue and ₦50.7bn profit before tax in Q1 2026 results

      April 25, 2026
    • Health

      Nigeria’s Malaria Prevalence Falls to 15%, From 20% ~ FG

      April 29, 2026

      Cross River Dismisses Report of New COVID-19 Cases

      April 23, 2026

      Cross River Activates Emergency Response As It Confirms First COVID-19 Case Since 2022

      April 23, 2026

      FG Bans Importation of Paracetamol, Metronidazole to Boost Local Drug Production

      April 19, 2026

      Heatwave Raises Malaria Risk as Health Officials Issue Nationwide Alert

      April 17, 2026
    • Culture

      Excitement Builds in Ijebu-Ode as Ojude Oba Festival Preparations Gather Momentum

      May 2, 2026

      Olu of Warri, Asantehene Seal Historic Royal Bond, Ogiamẹ Atuwatse III Receives Peace Artifact

      April 27, 2026

      Adron Homes Strengthens Cultural Influence During Ibadan Cultural Festival

      April 20, 2026

      Ogun State to Showcase “The Rock That Remembers” at Milan Design Week

      April 19, 2026

      Tourism: Olumo Rock Revenue Hits N40m Monthly After Refurbishment ~ Ogun Gov

      April 18, 2026
    • Lifestyle

      World Bank Highlights Early Childhood Development as Key to Nigeria’s Economic Future

      April 19, 2026

      Hilda Baci Secures Third Guinness World Record, Extends Culinary Milestone

      April 6, 2026

      Lagos Hosts “Homecoming Live Music Show” as Alternative Scene Takes Center Stage

      April 4, 2026

      QR Menus and Aesthetic-Driven Dining Redefine Restaurant Experience for Gen Z

      March 27, 2026

      How My Gold Jewelry Ended In Lagoon ~ Adeboye

      March 19, 2026
    • Sports

      Tinubu Hails Team Nigeria’s Historic 15th African Wrestling Title

      May 4, 2026

      Nigeria Blazes New Trail with Record-Breaking Start at World Athletics Relays in Botswana

      May 3, 2026

      CAF Announces Commencement Of Historic AFCON 2027 

      May 3, 2026

      Nigeria Opens Campaign with Gritty Win at ITTF World Team Championships

      April 30, 2026

      FIFA to Reduce Player Bans, Introducing New Yellow Card System

      April 28, 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 May 4, 2026

    Atiku Abubakar Announces US Visit, Warns of Full-Blown Internal Crisis in Nigeria

    News May 4, 2026

    Telcos Defend USSD Billing, Data Rollover Limits. 

    News May 4, 2026

    Xenophobic Matter: FG Summons South African Envoy Over  Rights Violations

    News May 4, 2026

    LAWMA Realigns Routes, Withdraws Licences of Underperforming PSP Operators

    News May 4, 2026

    Tinubu On Two-Week Three-Nation Tour Since Sunday

    News May 4, 2026

    As Ooni Installs Amosun’s Wife As Yeye Moremi Oodua, Obasanjo, Dignitaries Attend. 

    Leave A Reply Cancel Reply

    Don't Miss
    Banking & Finance May 4, 2026

    Keystone Bank Donates ICT Centre to Makurdi School, Boosting Digital Learning

    L–R: Benue State Commissioner for Information and Technology Kwaghgba Amande, CBN Makurdi Branch Controller Olabitan…

    NNPC Partners China, Seals Deal to Revamp Refineries

    May 4, 2026

    Stanbic IBTC Bank Nigeria PMI®: Business Activity Continues To Rise, But Higher Fuel Costs Limit Growth

    May 4, 2026

    Ex-Minister Uche Nnaji Defects to PDP Amid Forgery Probe, Eyes Enugu Governorship

    May 4, 2026

    Subscribe to Updates

    Get the latest news as they happen

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

    AMPMAN congratulates Anambra Governor-Elect, Prof Charles Soludo

    November 14, 2021

    Beyond the Map: The High Stakes of the Anioma Statehood Push

    April 12, 2026

    Benin Club @90: Leemon Ikpea, Gregory, Others To Be Invested As Patron, Trustees

    November 25, 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.