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Manufacturers Lose N10.1trn Annually to Power Crisis, Says MAN

Manufacturers Lose N10.1trn Annually to Power Crisis, Says MAN   The Manufacturers Association of Nigeria (MAN) says the country’s shortage of electricity supply has been identified as a hindrance to the profitability of manufacturers with an annual economic loss valued at about N10.1tn, about two per...

Electricity: Senate Passes Bill To Boost Power Distribution

Electricity: Senate Passes Bill To Boost Power Distribution   The Senate, on Wednesday, passed the Electricity Bill 2022. The bill’s passage was sequel to the consideration of a report by the Committee on Power. Chairman of the Committee, Senator Gabriel Suswam (PDP, Benue North East), in his...

Consumers Paid N542.73bn To Discos In 2020 – NERC

Consumers Paid N542.73bn To Discos In 2020 – NERC       Consumers across the country paid a total of N542.73bn to power distribution companies as electricity bill in 2020, a report obtained from the Nigerian Electricity Regulatory Commission has shown. In the 2020 financial report, the NERC, however,...

Niger, Benin, Togo Pay Nigeria N2.04bn Electricity Bill

Niger, Benin, Togo Pay Nigeria N2.04bn Electricity Bill         International customers – Niger, Benin, Togo – who purchase power from Nigeria remitted a total of N2.04bn in the first quarter of this year as their outstanding electricity bill to the Market Operator of the sector in...