A leading player in Nigeria’s power sector, Dr. Chukwueloka Umeh, the Managing Director/Chief Executive Officer of Century Power Generation Limited, has advocated that Discos have to be auctioned again for the public to start getting value from the sector. According to Umeh, aside from solving the liquidity problem that ails …
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Off-grid power solution won’t work until grid power works, says Umeh, Century Power Boss
The Chief Executive Officer of Century Power Generation Limited, Dr. Chukwueloka Umeh has disclosed that the clamour for off-grid power as a solution to power failure in the country will continue to be a distraction to the availability of power if challenges to grid power are not resolved. He said …
Read More »CENTURY POWER CEO CALLS FOR COST REFLECTIVE ELECTRICITY TARIFF IN RESOLVING POWER CRISES IN NIGERIA
The Managing Director/CEO, Century Power Generation Ltd, Dr. Chukwueloka Umeh has said that the total deregulation of the power sector will motivate investors to put money into all areas of the broken value-chain which will ensure that consumers enjoy quality power supply. Dr. Umeh who was speaking at a virtual …
Read More »GAS IS NIGERIA’S FUTURE BUT FG MUST ACT QUICKLY, says UMEH, Century Power CEO
Following the recent global plunge in oil prices primarily as a result of the Covid-19 pandemic, the CEO of a power generating company, Century Power Generation Ltd, Dr. Chukwueloka Umeh says there is no better time than now for the Federal Government to take definitive and courageous steps towards diversifying …
Read More »Energy experts want market forces to determine price of power
Industry leaders in the energy sector have called on the Federal Government to allow market forces to determine the price of power rather than the present system of price-fixing by the National Electricity Regulatory Commission (NERC). They were speaking at the 2019 Energy Sustainability Conference which held in Lagos. The …
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