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,...
FG Targets 350GW of Electricity by 2043
The Federal Government plans to achieve a target of 350 gigawatts of electricity-generating capacity by 2043.
The Minister of Budget and Economic Planning, Abubakar Bagudu, said this when top management staff of the Nigerian Electricity Management Service Agency visited...
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...