Gencos Unhappy With TCN’s Frequency Control Practice Power generation companies (Gencos) in Nigeria’s electricity market have frowned on what they described as an unhealthy frequency control practice of the Transmission Company of Nigeria (TCN). Alleging that the TCN was having challenges controlling the frequency levels of...

Budget: NBET To Rent New Office With N487.7m, Gulped N600m In 2017 The Nigerian Bulk Electricity Trading Plc (NBET) will spend N487.7 million to relocate to a new office complex by 2018, after it had gulped N600m in 2017, budgetary documents from the Budget Office...

For the federal government to take the nation’s economy out of its recession and place it on a sustainable growth path,  there must policy reforms in  oil, power, mining, aviation sectors. The is the assertion  of analysts at Afrinvest (W.A) Limited, a Lagos based investment banking firm in its Economic and Financial...

The Nigerian Electricity Regulatory Commission (NERC) has responded to claims by the 11 electricity distribution companies (Discos) that its regulatory actions contributed to the current N809.8 billion revenue shortfall of the electricity market. Through their association – the Association of Nigerian Electricity Distributors (ANED), the...

An updated metering report in the power sector has said only 161,640 customers got meters between January and October 2016. Most of the 11 electricity Distribution Companies (DisCos) may not attain their annual target of installing 100,000 meters this year due to foreign exchange crisis...

The President, Nigerian Gas Association (NGA), Dada Thomas lamented that players in the gas industry are running out of cash as a result of the N110 billion debt customers are owing gas producers. Thomas, who is also the Managing Director, Frontier Oil Limited, spoke to...