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Nigeria Receives AfDB Financing For Rural Electrification Project

Nigeria Receives AfDB Financing For Rural Electrification Project     The Federal Government has received financing from the African Development Bank (AfDB), for the Nigeria Electrification Project (NEP), a nationwide initiative aimed at delivering energy access to underserved communities in the country. According to AfDB, the project supports...

Nigeria To Deliver 5GW Of Electricity By 2022 – NNPC

Nigeria To Deliver 5GW Of Electricity By 2022 - NNPC     With the kick-off of the construction of a number of gas projects, particularly some major pipelines, the Nigerian National Petroleum Corporation (NNPC), said it will deliver about 5GW or 5,000 megawatts power by 2022. Since the...

Electricity Consumers Groan As Metering Scheme Suffers Setback

Electricity Consumers Groan As Metering Scheme Suffers Setback     Electricity consumers in the country have expressed disappointment over the metering scheme introduced by the Federal Government last year as meter deployment by distribution companies has slowed down. The Nigerian Electricity Regulatory Commission had on March 8, 2018...

Nigeria Exports $81.48bn Electricity On Credit As Country’s Blackout Persists

Nigeria Exports $81.48bn Electricity On Credit As Country’s Blackout Persists     Three neighbouring countries bought a total amount of electricity worth $81.48bn from Nigeria in the last two years, even as many households and businesses in the country continued to suffer blackout. The invoices given to the...

Power Crises: More Electricity Woes As Tariff Shortfall Heads To N822bn

Power Crises: More Electricity Woes As Tariff Shortfall Heads To N822bn     Against the backdrop of the recent reversal of the new electricity tariff take-off,, the World Bank has indicated that Nigeria’s electricity tariff shortfall would rise by 56.9 per cent to N822 billion in 2023...

NASS, Discos Ask FG To Subsidise Electricity Consumption

NASS, Discos Ask FG To Subsidise Electricity Consumption   The National Assembly and electricity distribution companies have asked the Federal Government to subsidise eletricity consumption. The Discos had on Monday told the National Assembly leadership that the only condition to halt tariff hike was for the Federal...