Ten Benefits of Electricity Act 2023 Signed into Law by Tinubu
President Bola Tinubu has signed the Electricity Act 2023 passed by lawmakers in July 2022 into law. The new law…
TCN threatens to disconnect DisCos, GenCos over non-compliance with market rules
The Transmission Company of Nigeria (TCN) says it will sanction erring electricity companies over non-compliance with the market rules. In…
Number of metered electricity customers hits 5.13m
Latest data by the National Bureau of Statistics has shown that the rate of metered electricity customers stood at 5.13…
Nigeria relies on generators for 75% electricity – Report
About 75 per cent of electricity consumed in Nigeria comes from diesel and petrol-powered generators, the latest reports released on…
FEC approves N39.6bn for equipment in power sector
The Federal Executive Council (FEC) has approved the sum of N39.6 billion for various transmission line contracts in the power…
FG approves Egbin Power, KEPCO merger
The National Council on Privatisation (NCP) has approved a scheme of external restructuring proposed by KEPCO Energy Resources Nigeria Limited…
Court restrains AMCON from selling IBEDC
Justice Chukwujekwu Aneke of the Federal High Court, Lagos Judicial Division, has again restrained the Asset Management Corporation of Nigeria,…
GE to supply 500MW power to national grid by Q2 2023
GE Gas Power has said it is looking forward to pushing close to 500 megawatts (MW) of additional power into…
FG projects 9,000MW from renewable energy
The Federal Government says it was implementing measures to ensure the generation of 9,000 megawatts of electricity from renewable energy…
FG licences 11 new Gencos
The Nigerian Electricity Regulatory Commission (NERC) has disclosed that it has issued 11 new electricity generation licenses. This was disclosed…