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Electricity Generation on 23/12/2017

Peak Generation 4,906.30 MW

Lowest Generation 3,549.80 MW

Total Energy Sent Out 97,724.36 MWH

For Previous records check:

http://www.energywatchng.com/daily-generation/

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Ikeja Electricity Distribution Company (IKEDC) – Buoyed by a mission to redefine customer experience and be the provider of choice wherever energy is consumed, Ikeja Electricity Distribution Plc (Ikeja Electric), Nigeria’s largest power distribution network powers lives and businesses with innovation and unwavering drive for excellence. The company began its new phase of growth and expansion on November 1st, 2013 following the handover of the defunct Power Holding Company of Nigeria (PHCN) to NEDC/ KEPCO Consortium under the privatization scheme of the Federal Government of Nigeria.

We are recruiting to fill the position below:

Job Position: Finance Analyst
Location: Lagos

Reporting To: Head/ Lead / Specialist (Treasury Management/ Financial Accounting & Reporting/ Management Accounting)

Role Purpose

Responsible for performance monitoring, capturing and maintaining all financial transactions within the designated company locations and documenting the corresponding bills/documents as proof.
Job Responsibilities

Monitoring of collections, receivables, revenue, stocks, fixed assets and other Key Performance Indicators.
Ensure proper documentation of proofs/bills for the respective financial transactions
Prepare reconciliation and variance reports which includes customer account, penalties and reconnection fees.
Conduct check on underlying sub ledger transactions for supporting documents/bills
Complying with required timetable for submission of reports
Post sub-ledger entries and reconcile entries into general ledger
Carry out any other duty as requested by the accounts supervisor
Conduct period close activities in preparing trial balance from general ledger entries for the period
Periodic running and extraction of financial reports from the accounting system after successful closure of period activities
Maintain and record financial transactions at designated office location
Minimum Qualifications

Minimum of HND/ B.Sc in Accounting or Banking & Finance
1 – 3 years of relevant experience is an added advantage
Technical Competencies:

Financial accounting including basic book-keeping
Accounting Policies and Transactions
Data processing
Cost Management
Behavioral Competencies:

Communication and Interpersonal Relations
Managing Resources
Business Focus
Supervisory/Managerial Skills
Problem Solving and Decision Making

Application Closes on 22nd December, 2017.

APPLY HERE

Ibadan Electricity Distribution Company (IBEDC) Plc – Headquartered in Ibadan is responsible for electricity distribution within the south western zone (Oyo, Ogun, Osun and kwara as well as some parts of Kogi, Ekiti and Niger states).

We are an organization with a focus on delivering excellent service to the customers and providing customer satisfaction through reliable power distributions.

We are recruiting to fill the vacant position below:

Job Position: Materials Management Executive
Job Locations: Ibadan-Oyo, Kwara, Osun and Ogun

Job Description

To manage all aspects of materials flow and to maintain control over all goods inventories.
Main Responsibilities

Manages the receiving functions of the organisation and oversees the storage of purchased equipment and materials in compliance established policies.
Manages warehouses for stored equipment/materials, developing effective warehouse layouts to efficiently provide for the systematic accumulation of these materials until requested by various Business Units.
Safeguards warehouse operations and contents by establishing security procedures and protocols.
Maintains optimum inventory levels and ensures on-time deliveries to meet operational demands while minimising carrying costs and premium transportation charges.
Directs write-off of obsolete and off-spec material and reduces aging materials to maintain realistic valuation of goods-on-hand.
Functional Competence:

Proven experience in Inventory Management – progressive experience in management of materials.
Ability to use Inventory Management software tools/technology.
Proficiency in MS Office applications.
Strong financial management skills.
Qualifications Required
Educational Qualification:

A Bachelor’s degree in Supply Chain, Finance, Business Administration or any related discipline
A postgraduate degree in Supply Chain Management is a significant advantage
Professional Qualification:

A certification in MCIPS (Chartered Institute of Purchasing and Supply) and/or CPIM (Certified in Production and Inventory Management.
Desired Experience:

At least 1-3 years’ experience in Supply Chain especially in Procurement/Inventory


CLICK HERE TO APPLY

Nigeria recorded her highest electricity generation level for the first time in her electricity generation history, report from the office of Vice President Yemi Osinbajo has disclosed.
The power generation figures, which were recorded in three days of the first two weeks of December were 5,156 megawatts(MW), 5,077MW and 5,103MW

Obtained last night from the Advisory Power Team of the Vice President, in Abuja, the report, detailing the amount of power generated and wheeled out to the national grid, stated that on December 8, power generation hit an all-time record of 5,156MW to put the last record of 5,074.7MW achieved in February 2016 to the bins. It then dropped to 5077MW on December 14, and again peaked at 5,103MW the next day which, was December 15.

“The three highest Nigerian generation records have occurred this month on December 8,14 and 15 2017 (5,156MW, 5,077MW and 5,103MW),” said the report.

The report also provided operational details of the industry as at Friday, December 15, saying that the Trans Amadi power plant, which, hitherto, was down has been restored to functionality.

It equally stated that average power sent out to the 11 electricity distribution companies within the period was 4,200MW, up by about 171MW from the previous day’s supplies to them.
According to it, the reported gas constraint experienced by the industry was 631MW, while reported line constraint was 44MW.

It explained that about 939MW of the generated electricity could not be utilised by the Discos due to their feeders’ challenges. The water management constraint experienced, it noted was 344MW.
Cumulatively, the report stated that the power sector lost an estimated N940 million of revenue that should have come to it but could not due to the constraints reported on December 15 2017.

Similarly, the Transmission Company of Nigeria (TCN) disclosed that as power generation continues to improve in the country, it would before January 31, 2018, add about 1000MW transformer capacity to the grid, stating that by then most of its transmission projects would have been completed.
TCN also said this would further be improved upon with the implementation of the Nigerian Electricity Transmission Access Project (NETAP), which successfully negotiated and finalised its terms with the World Bank on December 8.

Interim Managing Director of TCN, Mr. Usman Mohammed, who made these known to journalists in Abuja, also stated that, at the momentum, the transmission company could not be said to be the weakest link in the industry anymore.
Mohammed explained that the Transmission Rehabilitation and Expansion Programme of the TCN has continued to attract financing for several of its projects, and that the programme would upgrade Nigeria’s transmission capacity to 20,000MW in the next four years.

http://www.energywatchng.com/nigeria-electricity-generation-attains-new-peak-5156mw/

Electricity Generation on 5/12/2017

Peak Generation 5,102.60 MW

Lowest Generation 3,830.30 MW

Total Energy Sent Out 100,793.50 MWH

For Previous records check:

http://www.energywatchng.com/daily-generation/

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The poor payment pattern of the DisCos to the GenCos seems not ending as the 11 electricity Distribution Companies (DisCos) paid N13 billion to 22 Generation Companies (GenCos) as they owe another N29.5bn for August energy billing, data from the Nigeria Bulk Electricity Trading Plc (NBET) has shown.

In a publication yesterday, the agency said the GenCos advised a N44.154bn energy invoice from which the DisCos paid N13.520bn, representing an average 30 per cent payment rate.

The most performed DisCo for the month was Benin DisCo with 41 per cent payment rate. It took 8.29 per cent of the monthly energy and paid N1.5bn from its N3.6bn invoice. Eko DisCo was next with 40 per cent rate after it paid N1.9bn from its N4.85bn invoice for the 11 per cent grid energy it consumed.

Ikeja DisCo also did 40 per cent payment by paying N1.9bn from its N4.86bn invoice for the 11.02 per cent electricity it took in August.

The worst performed was Yola Disco which had N1.47bn invoice for taking 3.3 per cent energy allocation but remitted zero naira in the month. The DisCo is presently managed by the Federal Government after its owner declared a force majeure two years ago.

Kaduna DisCo topped the list of the other poorly performed firms by remitting 14 per cent (N400 million) from N2.9bn invoice it was given while consuming 6.6 per cent energy level.

Jos DisCo did 15 per cent after paying N327m from its N2.1bn invoice and took 4.9 per cent energy; Kano DisCo had 16 per cent payment level as it paid N500m from a N3.1bn invoice.


http://www.energywatchng.com/discos-pay-n13bn-n44-2bn-august-energy-bill-22-gencos/

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The Lagos State Governor, Mr Akinwunmi Ambode as said that the state government is concluding plans with major stakeholder in the power sector which include the gencos, discos and TCN to ensure uninterrupted power supply for residents of Lagos state BY 2018

He noted that the state government had already devised strategies to short-circuit power generation, transmission and distribution to ensure there was “24/7 power supply to residents.”

Ambode spoke at a recent interactive session with members of the business community and informal sector, a statement by the governor’s Chief Press Secretary, Habib Haruna, said on Sunday.

“Presently, we have less than 1,000MW in Lagos and the fundamental issues remain with generation, transmission and distribution. Transmission is still owned primarily by the Federal Government. But in Lagos State, we have become creative and we have done Independent Power Project through which we were able to generate 47.5MW which was distributed short-circuiting transmission.

“So, if it works, does it look like a template we can now use to get power freedom or what we call power security? If we say we are the fifth largest economy in Africa and we are not in control of how power is generated in an economy that wants to move from fifth to third, then something is wrong.

“So, what we are saying is, let’s find a way to short-circuit them within the ambit of the law,” the governor was quoted as saying.

Ambode noted that the state government was also talking with electricity distribution companies operating in the state to supply 24/7 power to residents at a higher tariff, subject to agreement of all stakeholders, while government would be the guarantor of the people.

http://www.energywatchng.com/lagos-state-get-247-hours-electricity-supply-2018-ambode/

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Electricity Generation on 11/11/2017

Peak Generation 4,821.10 MW

Lowest Generation 3,327.70 MW

Total Energy Sent Out 92,545.89 MWH

For Previous records check:

http://www.energywatchng.com/daily-generation/

Junior Software Developer (J2EE)
Reporting To: Enterprise Application Developer (Team Lead)

Role Purpose

The Junior Software Developer will work under the supervision of the Team Lead, Enterprise Application Development and will be accountable for developing and maintaining key modules of Integrated Software Solutions that deliver true business value. The incumbent must be familiar with Java programming
Responsibilities

Work in a team of software developers to carry out ongoing customization of the company’s integrated application system as well development of other web-based applications to support business processes and functions
Deliver excellent code quality in a collaborative team environment, typically working in small development project groups
Communicate as required with internal and external stakeholders within the company, to capture requirements and troubleshoot issues relating to development and support
Liaise with other members of the software development team to collaborate on, and continuously improve the technical capabilities, processes and knowledge of the development team
Minimum Qualifications

B.Sc in Computer Science, Computer Engineering or equivalent
Experience building and integrating mobile applications with enterprise application systems
Experience with test-driven development
Minimum 5 years working experience
Technical Competencies:

Expert level knowledge of Java, HTML, CSS and JavaScript.
Experience in MySQL or PostgreSQL and excellent knowledge of SQL, and optimization
Experience in MySQL or PostgreSQL and excellent knowledge of SQL, and optimization
Familiarity with continuous integration
Familiarity with concepts of MVC, JDBC, and Restful API development and web security
Behavioral Competencies:

Communication and Interpersonal Relations
Able to adapt in a dynamic environment
Pro-active in finding new ways for improvement
Problem Solving and Decision Making
Business Focus
Method of Application

APPLY HERE

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