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Electricity Drops to 42.7WM as National Grid Collapses Again

Electricity Drops to 42.7WM as National Grid Collapses Again The national power grid has collapsed again on Tuesday, the power generation dropped from a peak of 3,594.60 megawatts (MW) at about 1:00a.m. at midnight to a meagre 42.7MW at the point of this report. Only Delta...

TCN Restores Power Supply in Parts of Nigeria

TCN Restores Power Supply in Parts of Nigeria   The Transmission Company of Nigeria (TCN) says power supply has been restored in some parts of the country. Ndidi Mbah, TCN’s spokesperson, in a statement on Thursday, said the regions where power has been restored included the west,...

11.47m Nigerians Have Access to Electricity – NBS

11.47m Nigerians Have Access to Electricity – NBS The number of electricity consumers rose by 200,000 from 11.27 million in the first quarter of 2023 to 11,47 million in the second quarter of the year. The National Bureau of Statistics, NBS, stated in its Nigeria’s electricity...

NERC Increases Prices of Prepaid Meters

NERC Increases Prices of Prepaid Meters The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in the price of pre-paid electricity meters in the country. This was contained in a circular dated 5 September and jointly signed by the commission’s chairman and commissioner Legal, Licencing...

Electricity: Niger, Togo, Benin Owing Nigeria N12.6bn For 2023 Q1

Electricity: Niger, Togo, Benin Owing Nigeria N12.6bn For 2023 Q1   Amidst growing tension between Nigeria and its northern neighbour, Niger Republic, official report has indicated that Niger together with Togo and Benin Republic indebtedness to Nigeria on electricity supply has hit $16.11 million (about N12.60...

Saudi Arabia Commits $20m for Rwanda’s Mega Electricity Project

Saudi Arabia Commits $20m for Rwanda’s Mega Electricity Project   The Kingdom of Saudi Arabia is providing a soft loan of $20 million to fund an ongoing electricity project in Rwanda, that would help boost the latter's socio-economic development, the Press Agency yesterday reported. Economic Confidential gathered...