Electricity: In 10 Months, Nigeria Loses N243bn       Nigeria recorded losses in power generation volume valued N243 billion between January and October this year. This is contained in the October 2020 electricity generation statistics released by the Association of Power Generation Companies (APGC), the umbrella body...

Discos Commence Implementation Of Revised Electricity Tariff       Power distribution companies have commenced the implementation of the revised electricity tariff that was jointly agreed upon by organised labour and the Federal Government. In a report in Sunday, the Nigeria Labour Congress stated that the Federal Government would...

Power Generation Hits All-time High Of 5,459MW – TCN         The Transmission Company of Nigeria on Thursday announced that the nation’s power industry attained another all-time national peak electricity generation of 5,459.5 megawatts. It said this quantum of electricity was efficiently transmitted through the nations transmission grid...

Nigeria Mulls Supplying Electricity To Chad       The Federal Government is considering supplying electricity to the Republic of Chad following a recent request by the neighbouring country. The government-owned Transmission Company of Nigeria disclosed on Sunday that a meeting was held last week to discuss the possibilities...

2021 Budget: MDAs To Get N20bn For Electricity, Local Contractors       The Federal Government plans to settle the electricity bills of its ministries, departments and agencies with N5bn and offset the debts of local contractors with N15bn in 2021. It also plans to settle ex-workers of the...

Budget 2021: FG Earmarks N152bn For Electricity       The Federal Government is to pay power generation companies through Nigerian Bulk Electricity Trading, NBET, the sum of N152.416 billion in 2021. According to details of the 2021 budget now before National Assembly, this forms one of the largest...