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   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   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   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...