FG To Spend N600bn On Electricity Subsidy In 2023   The federal government might have to pay N600bn as electricity subsidy in 2023. The Chairman/CEO of the Nigerian Electricity Regulatory Commission (NERC), Engr. Sanusi Garba made the disclosure at the ministerial retreat on the Integrated National Electricity...

Discos Install new 178,864 Meters, Reject 114.53MWh/h in H2 - Report The Nigerian Electricity Regulatory Commission has revealed that power distributors failed to accept an average of 114.53 megawatts-hour/hour of electricity in the second quarter of 2023 despite its low supply across the country. NERC disclosed...

Power: FG, CBN Partner to Fund Four million Meters The Federal Government in partnership with the Central Bank of Nigeria, says it would fund the production of four million prepaid meters locally. This was revealed in a power sector document, ‘2022 Market Competition Report’ by the...

NERC Threatens Disconnection of Ajaokuta Steel Over N25bn Debt Electricity distribution companies through the Nigerian Electricity Regulatory Commission have warned the Federal Government that failure to settle its electricity bills totalling N25bn may result in its facility, Ajaokuta Steel Co. Ltd,’s disconnection from the national...

Power: Nigerians Paid N268bn Electricity Bills in Q2 – Report The Federal Government says power consumers paid a total of N267.86bn as electricity bills in the second quarter of this year. It disclosed this in the just released second quarter 2023 report of the Nigerian Electricity...

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,...