Electricity consumers demand new tariff reversal
The recent increase in electricity tariff by power distribution companies, as approved by the Nigerian Electricity Regulatory Commission (NERC), shows…
Power generation crashes by 990MW, Gencos lose N1.8tn
The available generation capacity in Nigeria’s power sector dropped again in 2022, as it crashed from the 6,336.52 megawatts recorded…
Six million meters for deployment before June – FG
Six million meters are to be deployed nationwide in the first and second quarters of this year to reduce the…
Nigeria, US firm sign $10bn agreement on reliable electricity
Nigeria and United States largest renewable energy company operating in Africa, Sun Africa LLC, have signed a $10 billion agreement…
Why FG sacked core investors, management of DisCos
Federal Government has explained that it sacked core investors and management of six of the 11 electricity distribution companies (DisCos)…
Buhari restates Nigeria’s 30GW energy target by 2030
The President Muhammadu Buhari , Tuesday, in Washington, United States, restated the determination of the Nigerian government towards achieving the…
DisCos’ debt to GenCos hits N2tn
Power generation companies have blamed low power generation for the inability of the utility firms, also known as the DisCos,…
BPE confirms successful takeover of four DisCos
The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh, says the takeover of four electricity Distribution…
Nigeria relies on nine out of 26 plants for 71% power
Findings have shown that just nine out of 26 power plants connected to the national grid are responsible for as…
Electricity workers’ strike crashed power generation to 43MW – FG
The recent one-day strike by workers of the Transmission Company of Nigeria (TCN) crashed Nigeria’s power generation from a peak…