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Manufacturers Spend N67.38bn On Electricity Self-generation

Manufacturers Spend N67.38bn On Electricity Self-generation     The President, Manufacturers Association of Nigeria, Mansur Ahmed, has said that the COVID-19 pandemic which created unprecedented challenges in global economies led to a near shut down of eight subsectors of the country’s manufacturing sector. He also said that the...

Discos To Pay For Rejecting Electricity – NERC

Discos To Pay For Rejecting Electricity – NERC       The Nigerian Electricity Regulatory Commission has said the power distribution companies will be liable to capacity charge for failure to take their entire load allocation caused by constraints in their networks. NERC disclosed this in a document seen...

Fed Govt To Fund Electricity Agency With N152bn In 2021

Fed Govt To Fund Electricity Agency With N152bn In 2021     In spite of the public outrage over last week’s electricity tariff hike which the government said it was meant to fund electricity infrastructure, the federal government is set to spend additional N152.416 billion in funding...

DisCos Hike Electricity Rates As New Tariff Begins Tuesday

DisCos Hike Electricity Rates As New Tariff Begins Tuesday     The power Distribution Companies (DisCos) are already hiking electricity rates despite the effects of the COVID-19 as a three-month tariff hike implementation begins on Tuesday. Tariff schedules of three DisCos seen by our correspondent on Monday night,...

Why We Have Inaccurate Electricity Billing — NERC

Why We Have Inaccurate Electricity Billing — NERC     The Nigerian Electricity Regulatory Commission, NERC, yesterday, attributed inaccurate billing of consumers to poor installation of prepaid meters in Nigeria. The Commission, which identified poor training of installers as an additional factor, has emerged with new guidelines for...

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...