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Electricity: In Three Days, Gas Shortage Stalls 10,362MW

Electricity: In Three Days, Gas Shortage Stalls 10,362MW   In three days, April 2 to April 4, gas shortage to thermal power plants stalled the generation of 10,362.5 megawatts of electricity. The generation companies explained that gas shortage greatly hindered the production of electricity in thermal power...

NERC Suspends Electricity Tariff Increase

NERC Suspends Electricity Tariff Increase   The Nigerian Electricity Regulatory Commission has suspended the proposed increase in electricity tariffs initially slated for Wednesday (today). NERC had on January 4, in its December 2019 Minor Review of Multi Year Tariff Order 2015 and Minimum Remittance Order for the...

Electricity Tariff To Increase On Wednesday

Electricity Tariff To Increase On Wednesday   Nigerians will from Wednesday, April 1, 2020, pay more for electricity. The Nigerian Electricity Regulatory Commission had disclosed this in its December 2019 Minor Review of Multi-Year Tariff Order 2015 and Minimum Remittance Order for the Year 2020. Checks by Economic...

Togo, Others Owe Nigeria N30bn For Electricity

Togo, Others Owe Nigeria N30bn For Electricity   The Republics of Togo, Niger and Benin owe Nigeria a total of N29.97bn for the electricity supplied to them from January to September last year, according to the Nigerian Electricity Regulatory Commission. Nigeria, through its electricity transmission company, supplies...

Electricity: Prepare For Tariff Hike, TCN Tells Nigerians

Electricity: Prepare For Tariff Hike, TCN Tells Nigerians   Nigerians should be prepared to pay cost-reflective electricity tariffs in order to enjoy the benefits of the liberalisation of the power sector, the government-owned Transmission Company of Nigeria has said. The Managing Director/Chief Executive Officer, TCN, Mr Usman...

Electricity: FG Threatens Discos, Says Subsidy Can’t Continue

Electricity: FG Threatens Discos, Says Subsidy Can’t Continue   The Federal Government said on Wednesday that it would not continue to subsidise the power sector. It called on power distribution companies to improve on their financial and technical capacities to deliver or the government would intervene more...