Power Grid Collapse Persists, Drops Twice In Two Months Nigeria’s electricity grid is still witnessing system collapse as it recorded total failure twice in the last two months. Figures obtained by our correspondent from the Federal Ministry of Power, Works and Housing in Abuja on Thursday...

Electricity: Nigeria Loses 4,379MW To Distribution, Gas Constraints Nigeria lost 4,379 megawatts (MW) capacity of electricity on Saturday. This was partly due to distribution constraints and inadequate gas supply. Data obtained from the Independent System Operator (ISO), a business unit of the Transmission Company of Nigeria...

Frequent Electricity Tariff Hike Despite N123bn Bailout Is Injustice — Dogara   The Speaker of the House of Representatives, Mr Yakubu Dogara, said on Monday that the frequent hike in electricity tariff was injustice to Nigerians, who had become accustomed to living without regular power supply. He...

Auditors Report Huge Loss, Fear Collapse Of DisCos   Financial auditors engaged by some of the electricity Distribution Companies (DisCos) such as PriceWaterhouseCoopers (PWC) and Deinde Odusanya and Co have expressed uncertainty over the continued existence of the companies as they declared huge operation losses in...

Electricity: NERC Commences Review Of Tariffs   The Nigerian Electricity Regulatory Commission (NERC) on Tuesday said it had commenced the process of reviewing electricity tariff that would be used by distribution companies (Discos) in Nigeria for the next five years, which is between 2019 and 2023. The...

DisCos Owe N112bn For Electricity, Fail Loss Reduction Target In Q1 2018   The 11 electricity Distribution Companies (DisCos) owe N112 billion as debt for energy delivered to their networks in the first three months of 2018 but failed to meet their losses reduction target, a...