FG To Spend N600bn On Electricity Subsidy In 2023   The federal government might have to pay N600bn as electricity subsidy in 2023. The Chairman/CEO of the Nigerian Electricity Regulatory Commission (NERC), Engr. Sanusi Garba made the disclosure at the ministerial retreat on the Integrated National Electricity...

Nationwide Darkness Looms as National Grid Collapses Again   Abuja, Lagos and other major of cities in Nigeria have been thrown into darkness following another collapse of the country’s national electricity grid. The Transmission Company of Nigeria (TCN) confirmed this in a statement on Monday. The nationwide outage...

Electricity: Tinubu Stops Tariff Hike, Insists on Subsidy   President Bola Tinubu recently stopped the implementation of a hike in electricity tariff and insisted that subsidy be paid on power consumed nationwide, the Minister of Power, Adebayo Adelabu, revealed on Wednesday. Adelabu also stated that the Federal...

DisCos Say Without Subsidy, Most Nigerians Can’t Afford Cost of Electricity   The Association of Electricity Distributors of Nigeria (ANED) has said that without electricity subsidy, most Nigerians will not be able to afford the actual cost of power supplied them. This was even as it said...

Over 100 Mini-electricity Grids Now Operating in Nigeria – FG Over 100 mini-electricity grids are currently in operation across the country, making Nigeria one of the largest mini-grid markets in Africa, the Federal Government revealed on Tuesday. It disclosed this through the Rural Electrification Agency, a...

In Three Years, FG Increased Price of Meters By 145%   The federal government, through the Nigerian Electricity Regulatory Commission (NERC), increased the price of single-phase and three-phase pre-paid twice between 2021 and 2023 jerking up their prices by 83 per cent and 145 per cent,...