N47bn Debt: CBN, Aso Villa, DHQ Face Disconnection   No fewer than 86 ministries, agencies and departments of government are owing the Abuja Electricity Distribution Company to the tune of N47bn. According to a public notice by the management of the AEDC, the Presidential Villa owes the...

Senate Seeks To Partner With Germany on Insecurity, Power Generation Godswill Akpabio, the Senate President, has called on the German Government to collaborate with Nigerian counterparts in the fields of security and electricity to enhance the country's socio-political development. Akpabio made the call when he led...

DisCos Now Granted Access to Buy Electricity Directly From Producers Power distribution companies (DisCos) in Nigeria have been given the green light by the regulator to buy electricity directly from producers of the commodity after over 10 years of relying on an intermediary called the...

Military To Spend N5.8bn On Electricity Charges, Despite Payment Default   The three branches of armed forces have proposed to spend N5,817,782,952 in 2024 to pay electricity charges. The amount is despite the military fingered among the government agencies that occasionally owed the Distribution Companies debt which...

Electricity Consumers Pay N783bn as Subsidy Gulps N376bn   The Federal Government spent N375.8bn on electricity subsidy between January and September this year, as power consumers paid a total of N782.6bn for the commodity during the same period, it was gathered on Sunday. The latest power subsidy...

Cashflow in Nigeria’s Power Sector Grows to N900bn - NERC The Nigerian Electricity Regulatory Commission, NERC, says liquidity in Nigeria’s power increased from N282 billion in 2015 to N900 billion. The Chairman of NERC, Engr Sanusi Garba, disclosed this on Thursday at the three-day ministerial retreat...