Tinubu Calls for N2tn Discos' Recapitalisation, Tariff Review President Bola Tinubu says Nigeria’s power sector privatisation had failed to meet its objectives, as the national grid was serving only about 15 per cent of the country’s electricity demand despite being privatised 10 years ago. Tinubu, who...

DisCos Say Without Subsidy, Most Nigerians Can’t Afford Cost of Electricity   The Association of Electricity Distributors of Nigeria (ANED) has said that without electricity subsidy, most Nigerians will not be able to afford the actual cost of power supplied them. This was even as it said...

Discos Install new 178,864 Meters, Reject 114.53MWh/h in H2 - Report The Nigerian Electricity Regulatory Commission has revealed that power distributors failed to accept an average of 114.53 megawatts-hour/hour of electricity in the second quarter of 2023 despite its low supply across the country. NERC disclosed...

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   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   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,...