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Electricity: Niger, Togo, Benin Owing Nigeria N12.6bn For 2023 Q1

Electricity: Niger, Togo, Benin Owing Nigeria N12.6bn For 2023 Q1   Amidst growing tension between Nigeria and its northern neighbour, Niger Republic, official report has indicated that Niger together with Togo and Benin Republic indebtedness to Nigeria on electricity supply has hit $16.11 million (about N12.60...

Electricity Subsidy: FG Spent N36bn In Three Months – NERC

Electricity Subsidy: FG Spent N36bn In Three Months – NERC   The Nigerian Electricity Regulation Commission (NERC) has said the federal government paid the sum of N36bn to subsidise electricity consumption in the first quarter of 2023. In its quarterly report, NERC said the money amounted to...

Discos To Refund $1.2bn For 374 Projects – NDPHC

Discos To Refund $1.2bn For 374 Projects - NDPHC   The Niger Delta Power Holding Company Limited (NDPHC)on Tuesday, said it had executed over 374 projects in the distribution subsector of the Nigerian electricity supply industry to boost power supply nationwide. It also stated that the projects,...

Electricity Tariff: Can Nigerians Cope with Another Hike? by Rahma Oladosu

Electricity Tariff: Can Nigerians Cope with Another Hike? by Rahma Oladosu   To say that the times are hard for many Nigerians is obvious. Still struggling to cope with the removal of the fuel subsidy, another policy review induced-hardship will soon be visited on them. This time...

Lawmakers Reject DisCos’ Planned Electricity Tariff Hike

Lawmakers Reject DisCos' Planned Electricity Tariff Hike The House of Representatives, yesterday, rejected plans by the Distribution Companies (DISCOs) to increase electricity tariff in the country. It also resolved to set up an adhoc committee to determine the legality of the Excess Crude Account and also...

Power Tariff Hike: DisCos Apply for Review

Power Tariff Hike: DisCos Apply for Review The Federal Government, on Thursday, announced that the 11 power distribution companies in Nigeria have applied for the review of their various electricity tariffs in order to incorporate the changes in the macroeconomic parameters across the country. It disclosed...