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
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 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
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...
