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...
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...
