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   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...

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   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   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 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...