FG, Transcorp’s Afam plant deal to add 966MW generation
The Federal Government on Thursday signed a share sale and purchase agreement with Transcorp Power Consortium in relation to Afam…
New consortium to finance prepaid electricity meter roll-out in the Nigerian power sector
A new consortium made up of New Hampshire Capital, FBNQuest Merchant Bank and Kairos Investments Africa have announced plans for…
FG signs N105bn Afam Power sale agreement today
The signing ceremony for the sale of Afam Power Plant for N105bn to the preferred bidder will be done by…
Ikeja Electric begins rollout of 106,000 meters
Ikeja Electric has commenced the rollout of over 106,000 prepaid meters to customers across different locations in its network. A…
FG to spend N269.38bn on six million free meters
The Federal Government is to spend between N269.38bn and N497.13bn on the provision of six million free meters to various…
Discos begin implementation of revised electricity tariff
Power distribution companies have commenced the implementation of the revised electricity tariff that was jointly agreed upon by organised labour…
Ikeja Electric begins implementation of revised service reflective tariff
Ikeja Electric Plc (IE) says it has commenced implementation of the revised Service Reflective Tariff (SRT), as approved by the…
Free meter distribution begins in Kano, Kaduna, Lagos today
The free distribution of electricity meters to Nigerians will commence today (Friday) with the simultaneous inauguration of the scheme in…
Payment of Nigeria’s new electricity tariffs to resume next week
The federal government has approved the resumption of the collection of Service-Based electricity Tariffs (SBT) from next week, after sealing…
Discos raked in N114bn revenues in Q1, 2020 – NERC
The 11 Electricity Distribution Companies (Discos) in the country raked in a total of N114 billion in the first three…