Business
Lagos Egbin Plant Power Generation Drops To 660 Megawatts
Power generation has dropped from 813 megawatts to 660 at the Egbin Power Plant in Lagos State, an official said yesterday.
The plant, the nation’s biggest power generating outfit, has the capacity to contribute about 1,000 megawatts to the national grid.
An authoritative source at the plant said in Lagos that the drop was as a result of the ongoing maintenance of Egbin lines by the Nigerian Gas Company (NGC).
The source said the plant was advised by NGC to step down its generation due to the ongoing repairs at its lines.
“Egbin Power Plant, the nation’s biggest power generating outfit, has the capacity to wheel out 1,000 megawatts to the national grid.
‘The ongoing maintenance at the NGC lines had stalled wheeling out of 1,000 megawatts generation to the national grid,’’ the source said.
According to the source, the development may also affect the general power generation output on the stations which receive gas from NGC.
Contacted for comments, the Director, Public Affairs, Transmission Company of Nigeria (TCN), Mrs Seun Olagunju, confirmed to newsmen on phone that the national power generation output now stood at 4, 274 megawatts.
“As at yesterday, the national power generation output record was 4, 274 megawatts.’’
The country’s power generation as at October16 jumped from 3,657 megawatts to 4,600.
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FG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m For 3-bedroom Bungalow ……..Says Move To Enhance Affordability, Ensures Fairness
 
														“The approved selling prices are as follows: One-bedroom semi-detached bungalow, N8.5 million; two-bedroom semi-detached bungalow: N11.5 million and three-bedroom semi-detached bungalow, N12.5 million,” the statement added.
Minister of Housing and Urban Development, Ahmed Dangiwa, stated that priority in the allocation of the housing units would be given to low and middle-income earners, civil servants at all levels of government, employees in the organised private sector with verifiable sources of income, and Nigerians in the Diaspora who wish to own homes in the country.
The Permanent Secretary in the ministry, Dr. Shuaib Belgore, explained that several payment options have been provided to make the houses affordable and flexible. These include outright (full) payment, mortgage, rent-to-own scheme, and installment payment plans.
The ministry further announced that the sale of the completed housing units across the northern and southern regions will soon commence.
“Applications can be made through the Renewed Hope Housing online portal at www.renewedhopehomes.fmhud.
The ministry, however, clarified that the approved prices apply strictly to the Renewed Hope Housing Estates which are funded through the ministry’s budgetary allocation, as against the Renewed Hope Cities in Karsana Abuja, Janguza Kano, Ibeju Lekki, Lagos which are being funded through a Public Private Partnership (PPP).
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