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...

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 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 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...