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KEDCO Says It’s Building 100MW Safe Grid to Protect Consumers from Grid Collapses

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Kano Electricity Distribution Company (KEDCO) is pleased to announce a partnership and initial investment of around $100 million to develop a 100MW “Safe Grid” for Kano, Katsina, and Jigawa States, to provide 24-hour power supply to key industries, commercial hubs, and critical government infrastructure, eliminating reliance on the national grid.

This was contained in statement signed by Head of corporate communications KEDCO Sani Bala Sani and made available to newsmen.

He said due to the lingering effects of the challenges the Transmission Company of Nigeria (TCN) is currently facing in supplying energy to our franchise area, KEDCO is still receiving less than half of its allocation from the grid, which has caused great disruptions for our valued customers, institutions, and businesses while challenging our company’s financial performance

Sani said the ‘Safe Grid’ will be powered by embedded electricity generation in KEDCO’s network to ensure energy security within the network and eliminate the risks associated with absolute dependence on the grid such as unreliability and total blackouts, enabling key industries and socio-economic activities to thrive in Kano, Katsina, and Jigawa States while safeguarding jobs and competitiveness in our network.

This project will build the first 20MW power plant (of the 100MW) with Utilita under an Emergency Project valued at $20 million that will be operational by the end of the year to begin supply for the “Safe Grid”. The Generation units are already available and KEDCO is accelerating project development ahead of installation and commissioning in the Tamburawa area. KEDCO will also purchase electricity for the “Safe Grid” from the 10MW Haske Solar Power Plant (built by the Nigerian Sovereign Investment Authority (NSIA) and the Ministry of Finance Incorporated (MOFI) and from the 16MW combined capacities from Tiga and Challawa Hydroelectric power projects built by the Kano State Government, bringing the total initial supply in the ‘Safe Grid’ to 46MW.

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Furthermore, KEDCO is discussing with the Federal Ministry of Power to take over and complete the 10MW Katsina Wind Farm project and supply it into the ‘Safe Grid’. A further 54MW will be supplied through additional power plant projects using Gas and Solar. A new parallel distribution grid architecture is being built to take this ‘Safe Grid’ to all key locations and supply areas in the Franchise Area (Kano, Katsina, and Jigawa) starting from Kano State. ‘Safe Grid’ is already connecting the Dawanau International Grain Market through a dedicated 40km line (90% completed), conceived and executed by KEDCO and its core investor – Future Energies Africa (FEA).

KEDCO is engaging and partnering with the State Governments to determine the “Safe Grid” supply locations that will ensure the most economic value for its citizens, focusing on enhancing and securing jobs in industries, agro-processing, and commercial hubs, and safeguarding supply to critical Government Infrastructure. The Administration of their Excellencies – Abba Kabir Yusuf, Dikko Radda, and Umar Namadi (and their respective State Assemblies) have been great supporters of the ongoing turnaround programme in KEDCO. We plan to continue partnering with the State Governments to provide an enabling environment and to accelerate laws for the first Joint Electricity Regulation structure in the country across the 3 States. This will enable KEDCO to power the “Safe Grid” for the benefit of the 3 States from any of the power plants being built in the embedded network.

The “Safe Grid” will complement the ongoing “Utility 2.0” project earlier announced and being embarked on with 31 key developers to build 60MW of mini-grids. Developer partners in Uility 2.0 include Bagaja, Elektron, Paras, Grid Crux, Strom, Prado, Axxela, Bayshore, and Husk (amongst others).

Interestingly, as Bagaja has already commenced building projects in Charanci (Katsina) and Kafin Hausa (Jigawa) KEDCO is encouraging “Utility 2.0” developers to accelerate the pace of their projects in light of the lingering supply constraints in our network.

To foster reliability and affordability, KEDCO currently has the most competitive industrial Band A rates in the country with its partnership with the Manufacturers Association of Nigeria (MAN) branches in our States and still intends to maintain competitive rates with ‘Safe Grid’ through competitive bilateral grid contracts for the benefit our valued customers.
KEDCO is excited to be the first DisCo to offer 24-hour supply through the ‘Safe Grid’ initiative and ascribes to the visions of our State Governors in making our franchise area attractive for industrial and agro-processing businesses to provide the jobs needed to improve the economies of the region, in which stable power is crucial.
Our vision is to enable re-industrialization and socio-economic empowerment of our franchise area through safe, stable, and cost-competitive electricity supply, keenly focused on our customers’ satisfaction. Thus, we encourage all Electricity Supply (and Gas Supply Companies) working in our network to partner with us in providing more affordable electricity rather than operating in isolation leading to higher costs for consumers.

We remain committed to improving electricity supply and associated services. To achieve this, we urge strong collaboration with all stakeholders to achieve this goal of providing electricity for all.

 

 

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FG proposes N47.9trn as the 2025 budget

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President Bola Ahmad Tinubu

 

The federal government has proposed N47.9 trillion as the total expenditure in the 2025 budget.

Atiku Bagudu, the minister of budget and economic planning, told journalists on Thursday, after the federal executive council (FEC) meeting presided over by President Bola Tinubu.

Vaguely said the council approved the medium-term expenditure framework (MTEF) for 2025-2027.

He said the government pegged the crude oil benchmark at $75 per barrel and oil production at 2.06 million barrels per day (bpd)

The budget minister said the exchange rate was pegged at N1,400 per dollar, noting that the government is targeting a gross domestic product (GDP) growth rate of 6.4 percent.

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Government Declares Public Holiday

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Ondo state government has declared Friday a public holiday to enable civil servants and others to travel to various communities to exercise their civic responsibilities.

This was contained in a statement on Wednesday evening signed by O.F. Ayodele, Permanent Secretary, Office of the Head of Service.

The statement reads, “The 2024 Governorship Election in Ondo State has been scheduled by the Independent National Electoral Commission (INEC) to be held on Saturday, 16th November 2024.

To this end, the Ondo State Government has declared Friday, 15th November 2024 as Work-Free Day for Public Servants in the State to enable them to travel to various communities to exercise their civic responsibilities.

“All Accounting Officers are to note the content of this Circular and disseminate same to all staff of their respective Ministries, Departments and Agencies.

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Atiku Has No Chance In PDP, Won’t Get 2027 Presidential Ticket ,Says Wike

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Nyesom Wike, Minister of the Federal Capital Territory (FCT), recently cast doubt on former Vice President Atiku Abubakar’s prospects of securing the Peoples Democratic Party (PDP) nomination for the 2027 presidential race.

During a live media interview on Wednesday in Abuja, Wike pointed out that Atiku’s policy proposals have been repeatedly presented to the Nigerian people and consistently dismissed by voters.

It can recalls that Atiku, the PDP’s presidential candidate in 2023, recently asserted that his administration would have provided relief from the current hardships faced by Nigerians under President Bola Tinubu.

Responding to this, Wike questioned the viability of giving Atiku another chance, saying, “Did he (Atiku) not present his blueprint to Nigerians? Did they choose him?”

“He is lobbying for another chance, but that chance will not be there. In which party? How can we rely on one individual for so many years?”.

Drawing an analogy with U.S. politics, Wike compared the decision-making process to American voters’ choices, emphasizing that citizens often prioritize the nation’s welfare when casting their ballots, regardless of individual opinions on candidates.

He suggested that while criticisms are part of the democratic landscape, the Nigerian public had assessed Atiku’s vision in 2023 and opted for a different path.

Politics Nigeria

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