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Power Sector Loses N19.15bn In Ten Days

Power Sector Loses N19.15bn In Ten Days   The nation’s power sector lost an estimated N19.15bn in 10 days due to constraints from insufficient gas supply, distribution and transmission infrastructure. The losses were recorded in the 10 days to February 14, 2020, according to data from the...

Bauchi Govt Owes N2.3bn For Electricity – Disco

Bauchi Govt Owes N2.3bn For Electricity - Disco   The Bauchi State Government owes a debt of N2.3bn for electricity supply, the Jos Electricity Distribution Company has disclosed. The Regional Manager of the company in Bauchi, Auwal Jada, disclosed this in an interview with newsmen on Thursday. He...

Electricity Tariff Hike Will Push Cost Above 40%, MAN warns

Electricity Tariff Hike Will Push Cost Above 40%, MAN warns   The Manufacturers Association of Nigeria (MAN), has charged the nation’s economic managers on the need to attract significant investment to encourage large scale generation and significant improvement in transmission and distribution of power supply in...

Siemens, Ghana Sign €250m Electricity Pact

Siemens, Ghana Sign €250m Electricity Pact   Siemens has signed a memorandum of understanding with the Republic of Ghana to upgrade the nation’s electricity grid using €250m of financing from Germany. The MoU was signed by Siemens and the Ghana Grid Company Limited in the presence of...

Electricity: NERC, CBN Move To End Revenue Leakages In Power Market

Electricity: NERC, CBN Move To End Revenue Leakages In Power Market   The Nigerian Electricity Regulatory Commission (NERC) and the Central Bank of Nigeria (CBN) would begin to track payments made by certain categories of electricity consumers in Nigeria to the 11 electricity distribution companies (Discos),...

Electricity: Fed Govt To Limit Estimated Billing February

Electricity: Fed Govt To Limit Estimated Billing February   The Federal Government will start regulating estimated electricity bills issued by power distribution companies to their unmetered customers from February. According to the Nigerian Electricity Regulatory Commission, the Federal Government’s power sector regulator, Discos that fail to provide...