The Federal Government has reversed the recent hike in electricity tariff.  The Minister of Power, Engr. Sale Mamman, directed the reversal of the new hike in electricity tariff till the end of Januar ...

The Nigerian government has directed the Nigerian Electricity Regulatory Commission (NERC) to suspend the implementation of the recently reviewed tariff. “To promote a constructive conclusion of the d ...

EVEN as Nigerians are yet to come to terms with the last increase in electricity tariff, the Nigerian Electricity Regulatory Commission (NERC) has enforced a new Multi Year Tariff Order (MYTO), increa ...

The number of hydropower plants producing electricity in Nigeria has increased to four as a new plant has been connected to the nation’s power grid. The Dadin Kowa Hydropower Plant, located in Gombe S ...

Nigeria stands to gain from the European Union’s €10 million ($11.9 million) Climate Investor One (CI1) financing facility which is an addition to the earlier €30 million ($35.9 million) commitment in ...

The Transmission Company of Nigeria has said it will conduct investigations to establish the cause(s) of the multiple tripping that led to the collapse of the nation’s power grid on Sunday. The nation ...

The national grid has collapsed again, leading to power outage in parts of the country. This was announced on Sunday afternoon by two of the power distribution companies in the country, Eko Electricit ...

President Muhammadu Buhari has said the tariff shortfalls in the power sector being borne by the Federal Government are no longer sustainable. Buhari said this on Thursday at the inauguration of Eko E ...

The Federal Government on Thursday handed over the N105.3bn Afam Power Plant to Transcorp Power Consortium based on the approval of the National Council on Privatisation, PUNCH reports. The Director-G ...

A total of N81.41bn was expended on Nigeria’s refineries between January and August this year but the facilities refined no drop of crude oil all through this period, latest data obtained from the Nig ...

AS the Federal Government / Discos Mass Metering programme (NMMP) kicked-off at the weekend, Eko Electricity Distribution Company (EKEDC), has announced that it will commence its distribution of smart ...

Amidst dwindling oil revenue occasioned by the coronavirus pandemic, Nigeria produced 155,062,220 barrels of crude oil and condensate for the months of July, August and September. According to data fr ...

Despite Nigeria’s struggle with declining revenue, poor power supply and environmental degradation, oil and gas firms operating in the country flared 265.18 billion standard cubic feet, bcf, of gas be ...

A new consortium made up of New Hampshire Capital, FBNQuest Merchant Bank and Kairos Investments Africa have announced plans for a national meter asset finance and management SPV ("MAPCo") that would ...

The Federal  Government on Thursday signed a share sale and purchase agreement with Transcorp Power Consortium  in relation to Afam Power Plc and Afam III Fast Power Ltd, Punch reports. The agreement, ...

A new consortium made up of New Hampshire Capital, FBNQuest Merchant Bank and Kairos Investments Africa have announced plans for a national meter asset finance and management SPV ("MAPCo") that would ...

The signing ceremony for the sale of Afam Power Plant for N105bn to the preferred bidder will be done by the Federal Government Thursday (today), PUNCH reports. It was gathered on Wednesday that the c ...

Ikeja Electric has commenced the rollout of over 106,000 prepaid meters to customers across different locations in its network. A statement issued by the company on Friday said the rollout was under t ...

The Federal Government is to spend between N269.38bn and N497.13bn on the provision of six million free meters to various unmetered power users across the country. Also, findings from separate quarter ...

Power distribution companies have commenced the implementation of the revised electricity tariff that was jointly agreed upon by organised labour and the Federal Government. In an exclusive report in ...

Ikeja Electric Plc (IE) says it has commenced implementation of the revised Service Reflective Tariff (SRT), as approved by the Nigerian Electricity Regulatory Commission (NERC) effective November 1. ...

The free distribution of electricity meters to Nigerians will commence today (Friday) with the simultaneous inauguration of the scheme in Kano, Kaduna, Eko and Ikeja electricity distribution companies ...

Despite the shortage of power supply in the country, the federal government is in negotiations with the Republic of Chad in an agreement that could see it begin the supply of electricity to the North- ...

International customers – Niger, Benin, Togo – who purchase power from Nigeria remitted a total of N2.04bn in the first quarter of this year as their outstanding electricity bill to the Market Operato ...

The 11 power distribution companies operating in Nigeria failed to remit N119.88bn in the first quarter of the year, the Nigerian Electricity Regulatory Commission has said. In its quarterly report fo ...

Members of the Senate Committee on Power expressed anger on Monday when the Minister of Power, Mamman Saleh, said the $5.8bn Mambilla Power Project had yet to take off. The committee was also expresse ...

The Federal Government is to invest N198.28bn on various capital projects in the power sector in different parts of the country in 2021, PUNCH reports. Different sectors in the power industry have bee ...

Egbin Power Plc, a member of the Sahara Power Group, has said it will promote the use of electric vehicles in the country in line with the Federal Government’s alternative energy efforts. The company ...

The Federal Government plans to settle the electricity bills of its ministries, departments and agencies with N5bn and offset the debts of local contractors with N15bn in 2021, PUNCH reports. It also ...

The Federal government would use proceeds from value added tax (VAT) to subsidise electricity tariff for three months. This was part of the latest agreement reached between the Federal Government and ...

As part of efforts to cushion the effect of the subsidy removals in both electricity and fuel, the  Federal Government and the Organised Labour have reached an agreement for the distribution of one mi ...

The Federal Government has extended the suspension of the new electricity tariffs by another one week. The decision was taken on Sunday in Abuja at the resumed negotiation between the Federal Governme ...

The Manufacturers Association of Nigeria (MAN) has decried what it termed the double standards of the Electricity Distribution Companies (DisCos) in its billing system as some regions of the countries ...

Electricity distribution companies (Discos) that fail to supply the required quantum of electricity under the new service reflective tariff regime will compensate the affected consumers for defaulting ...

The Niger Delta Power Holding Company (NDPHC), manager of the National Integrated Power Projects (NIPPs) is engaging Ibadan Electricity Distribution Company (IBEDC) to see how it will increase power s ...

The recent decision of the Federal Government to waiveimport levy on electric meters will put local manufacturers in jeopardy, Mojec International Limited has said. The Nigerian Electricity Regulatory ...

The Nigerian Electricity Regulatory Commission has said the Federal Government spent N540bn subsiding electricity in 2019, stressing the need to put an end to subsidy. According to the commission, the ...

Following the suspension of the recent electricity tariff hike by the Federal Government, electricity consumers lamented on Wednesday the delay by the distribution companies in reverting to the old ra ...

Electricity distribution companies (Discos) said on Monday that they are yet to receive any directive from the Nigerian Electricity Regulatory Commission on tariff suspension, PUNCH reports. The Disco ...

Electricity generation in the country rose by 979.2 megawatts on Sunday to 4,312.1MW as 16 power plants saw an increase in their output, according to PUNCH. The number of idle plants dropped to nine a ...

The indebtedness of the power sector to the Niger Delta Power Holding Company has hit N160bn, the Managing Director, NDPHC, Chiedu Ugbo, stated on Wednesday. NDPHC is Nigeria’s power company fully sub ...

Shell-funded impact investment company All On has announced a $1.5 million investment in Auxano Solar Nigeria Limited to scale its operations over the next five years. “This investment would guarantee ...

The Management of BEDC Electricity Plc has commenced the implementation of a new service-based tariff structure effective from September 1st, 2020. A statement issued by the company on Thursday said t ...

Following the recent increase in electricity tariffs, the 11 distribution companies in the country are allowed to collect a total of N417.09bn from their customers from September to December, PUNCH re ...

Electricity generation companies in the country sold electricity worth N294.16bn in the first five months of this year to the Nigeria Bulk Electricity Trading Plc, according to PUNCH. The government-o ...

The Federal Government has unveiled the Solar Mini-Grid Inspection Guidelines to Support Standardised Procedures of the Nigerian Electricity Management Services Agency (NEMSA). Speaking at the ceremon ...

The Federal Government has released operational guidelines for operators in the solar mini-grid space of the power sector. Minister of State for Power, GoddyJedy-Agba, said at a function in Abuja on T ...

The Nigerian Electricity Regulatory Commission has directed power distribution companies to collect an average of about 85.84 per cent of the newly increased electricity tariffs from affected customer ...

The Government of Borno State on Thursday urged the Niger Delta Power Holding Company Limited to consider the rehabilitation of the 30 megawatts power distribution plants in the state, according to PU ...

The President, Manufacturers Association of Nigeria, Mansur Ahmed, has said that the COVID-19 pandemic which created unprecedented challenges in global economies led to a near shut down of eight subse ...

The Nigerian Electricity Regulatory Commission has said the power distribution companies will be liable to capacity charge for failure to take their entire load allocation caused by constraints in the ...

The Lagos State Electricity Board says it has completed the first phase of an energy audit in the state as part of efforts to meet increasing electricity demand. The General Manager, LSEB, Mr Mukhtaar ...

The Nigerian National Petroleum Corporation has said it spent a total of N41.98bn on pipeline repairs and management cost in the first half of this year PUNCH reports. The NNPC disclosed this in its l ...

A prosecution witness, Mr Temitope Erinomo, told the Federal High Court in Abuja on Thursday how Malabu Oil and Gas Limited and six other companies charged with fraud in the Oil Prospecting Lease 245 ...

Electricity workers on Tuesday shut the headquarters of the Port Harcourt Electricity Distribution Company in Port Harcourt, Rivers State to protest against workers’ poor welfare the PUNCH reports. Th ...

The petrol subsidy, which gulps a trillion naira yearly, is gone for good says Petroleum Products Pricing Regulatory Authority (PPPRA).With this, the federal government will no longer issue price band ...

The Electricity Meter Manufacturers Association of Nigeria (EMMAN) has appealed to the Federal Government to review its decision on one-year deferment of the 35 per cent import levy on electricity met ...

The Federal Government on Monday said the German firm, Siemens AG, was chosen to expand Nigeria’s power grid because the company was best qualified to rehabilitate the dilapidated electricity infrastr ...

North American based Kariya Energy is prospecting huge investment opportunities across different Africa countries. The company is putting its technical and financial strength in a position to bring Ca ...

Nigerian light sweet crude and those from other West African producers have been struggling to clear for September and October loading, and are likely to move into storage. Some oil traders are once a ...

The Nigerian National Petroleum Corporation yesterday announced that it had obtained a prepayment funding of about $1bn to support the upstream operations of its subsidiary, the Nigerian Petroleum Dev ...

Nigeria's dilapidated refineries gulped N148 billion in the last 13 months while processing less than 40,000 metric tons of crude oil, a June report published by Nigerian National Petroleum Corporatio ...

Nigerians woke up to a new month's surprise gift from the federal government as the Nigerian Electricity Regulatory Commission announced the increment in electricity tariff with effect from September ...

Claims by the Nigerian National Petroleum Corporation (NNPC) that it spent over N5billion on petrol subsidy in June has been debunked by oil marketers, who claim they never received any payment.Oil ma ...

The Nigerian National Petroleum Corporation (NNPC) spent N5.348bn in Junefigures from the corporation's website have shown. The oil firm made an under-recovery of this year despite the halt in subsidy ...

Despite struggling to make remarkable progress in addressing the country’s power crisis as widely anticipated, the Federal Government remains optimistic of increasing national electricity generation t ...

The Nigerian Electricity Regulatory Commission threatens to sanction electricity distribution companies which fail to meter customers in their networks by the end of February, reports Olisemeka Obeche ...

The Nigerian Electricity Regulatory Commission threatens to sanction electricity distribution companies who fail to meter maximum demand consumers by December, this year. The Nigerian Electricity Regu ...

Embattled chairman of the Nigeria Electricity Regulatory Commission (NERC), Sam Amadi has refused to disclose the actual amount he earns as salary and severance package, arguing that "it is totally ir ...

The Nigeria Electricity Regulatory Commission (NERC) has disclosed that  electricity tariff will be reduced but customers will now have to pay more for power consumption. NERC Chairman, Sam Amadi made ...

Federal government spent about N2.740 trillion in fixing Nigeria’s shambolic power sector between 1999 and 2015, with minimal results. This shocking disclosure was contained in the submission to the S ...

The Permanent Secretary, Ministry of Power, Mr. ‎Godknows Igali, has attributed the improvement in electricity supply nationwide to zero case of pipeline vandalism being witnessed across the country. ...

The Nigerian Electricity Regulatory Commission (NERC) has disclosed that implementation of the Credited Advance Payment for Metering Implementation (CAPMI) scheme has suffered set back as power distri ...

The Nigeria Electricity Regulatory Commission (NERC) says the N750 fixed charge levied on electricity consumers’ meters across the country has not been abolished. NERC Chairman, Dr. Sam Amadi who deni ...

The National Union of Electricity Employees (NUEE), on Tuesday sealed the premises of Port Harcourt Electricity Distribution Company (PHEDC) in Calabar over controversial sack of 43 workers. The elect ...

The Federal Ministry of Power has assured that it would work harder to achieve steady and uninterrupted power supply in Nigerians, in line with President Muhammadu Buhari's directive. The ministry's P ...

The Nigerian Electricity Regulatory Commission (NERC) has issued an order imposing financial penalties on any electricity distribution company (DISCO) that rejects electricity allotted it by the Syste ...

There are indications that the Nigerian Electricity Regulatory Commission (NERC) would revoke the licences of 27 power generating companies in the country. This follows the completion of an audit exer ...

General Electric, GE’s Distributed Power business has announced that four of its Waukesha gas Enginator shave been commissioned at the Lekki Free Zone (LFZ), Lagos, providing 12 megawatts (MW) of unin ...

A federal high court in Lagos on Thursday reaffirmed its order restraining the Nigerian Electricity Regulatory Commission (NERC) from increasing electricity tariff. Justice Mohammed Idris, who gave th ...

The federal and state governments have been enjoined to put in place legislative and regulatory frameworks that would encourage the usage of renewable energy Nigeria. Kayode Boladale, head, Operations ...

Nigeria's total power generation now hovers above 4, 000 megawatts (mw) as a result of substantial improvement in gas supply to thermal stations across the country, the Transmission Company of Nigeria ...

The Nigerian Electricity Regulatory Commission (NERC) is collaborating with electricity distribution companies for aggressive deployment of smart meter technology in the power sector as part of the bi ...

Former Minister of Power, Professor Chinedu Nebo says the federal government cannot actualize the target of providing stable electricity in Nigeria without first ensuring the provision of gas supply t ...

Nigeria’s largest electricity generation plant, the Egbin Power station, has successfully scaled up its output to above 1,000 megawatts following heavy investments in upgrade of its facilities. The ch ...

The Nigerian Electricity Regulatory Commission (NERC) in Abuja on Tuesday said 44.06 per cent of registered electricity consumers in the country had no meters. Mr Shittu Lawal, Assistant General Manag ...

“Wield the big stick and ensure there is gas to power if power generation is to improve.’’ This was the advice given to President Muhammadu Buhari by Professor Chinedu Nebo, immediate past Minister of ...

By Dike Onwuamaeze The expectation that Nigeria would earn more revenue as the oil prices are increasing in the international oil market may not be realized due to low production capacity. Pipeline va ...

The New Partnership for Africa’s Development has announced plans to regulate the import and export of products from Africa. The Special Assistant to the President on NEPAD, Nigeria, Mrs. Fidelia Njeze ...

The decision of the Federal Government to reduce electricity tariff by 50 percent has elicited mixed reactions from Nigerians. The Federal Government had on Tuesday, March 17 announced the reduction i ...

Electricity supply shortfalls across Nigeria are expected to worsen at least for the moment following the loss of about 800 megawatts of power from the vandalized Escravos-Lagos Gas Pipeline (ELGP) la ...

[stumble][Google][pinterest][follow id="Username" size="large" count="true" ] There is growing disquiet among electricity consumers and industry players as most electricity distribution companies grap ...

[stumble][Google][pinterest][follow id="Username" size="large" count="true" ] In a bid to address the complaint by power consumers about crazy electricity bills by the electricity distribution compani ...