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NERC: No Hike In Electricity Tariffs

NERC: No Hike In Electricity Tariffs The Nigerian Electricity Regulatory Commission, NERC has clarified that reviews do not automatically translate into an increase in electricity tariffs. The electricity market regulator made this known in a statement titled ‘Notice of Compliance in Respect of the Biannual Review...

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...

Electricity: Gas, Transmission, Distribution Facilities Hinder 10,106MW Generation

Electricity: Gas, Transmission, Distribution Facilities Hinder 10,106MW Generation         A total of 10,106.8 megawatts of electricity could not be generated by the nation’s power plants last week amid lingering challenges in the Nigerian electricity supply industry. Daily electricity generation in the country averaged 4,601.33MW last week as...

Tariff Implementation: Nigeria’s Power Sector Faces Bleak Future — GENCOs

Tariff Implementation: Nigeria’s Power Sector Faces Bleak Future — GENCOs       Power Generating Companies, GENCOs, has said that the constraints bewildering Nigeria’s power sector are so vast that they may end up forcing it to comatose. The GENCOs reaction is coming against the backdrop of the recent...