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Electricity Consumers Await Revised Tariff Today

Electricity Consumers Await Revised Tariff Today       Electricity consumers are expecting a new tariff decision today that will be active for the next six months barring changes by the Nigerian Electricity Regulatory Commission (NERC). NERC had in April 2021 announced that it was reviewing the Multi Year...

No Electricity Tariff Increase, Says Power Minister

No Electricity Tariff Increase, Says Power Minister     At the backdrop of rumors of possible hike in electricity tariff, the Minister of Power, Engr. Sale Mamman, has indicated that the ministry is focusing on increased efficiency and not tariff. In a statement made available to Economic Confidential...

House Insists On NBET’s Return To Power Ministry

House Insists On NBET’s Return To Power Ministry         The House of Representatives, on Wednesday, expressed its opposition to the relocation of the Nigerian Bulk Electricity Company from the Federal Ministry of Power to the Ministry of Finance, Budget and National Planning. The House Committee on Power...

Fed Govt To Install 1million Electricity Meters – Power Minister

Fed Govt To Install 1million Electricity Meters – Power Minister       The Federal Government on Monday said it would install at least one million meters in the residents of unmetered electricity consumers before the end of this year. Minister of Power, Sale Mamman, said this in series...

Fed Govt To Spend N204bn On Power Projects, Salaries

Fed Govt To Spend N204bn On Power Projects, Salaries       The Federal Government will spend N204.4 billion on projects and salaries for agencies and the Federal Ministry of Power in 2021. According to the budget proposal of the ministry, out of the N204bn budgeted, N198.3bn was for...

FG Secures $6.15bn For Nigeria’s Power Infrastructure

FG Secures $6.15bn For Nigeria’s Power Infrastructure     The Federal Government has disclosed that it has secured $6.15 billion for infrastructural development in the power sector. The Minister of Power, Engr. Sale Mamman, who disclosed this in his report – One Year Anniversary: Key achievements–obtained by Energy...