Niger, Benin, Togo Pay Nigeria N2.04bn Electricity Bill         International customers – Niger, Benin, Togo – who purchase power from Nigeria remitted a total of N2.04bn in the first quarter of this year as their outstanding electricity bill to the Market Operator of the sector in...

Discos Failed To Remit N119.88bn In Three Months – NERC         The 11 power distribution companies operating in Nigeria failed to remit N119.88bn in the first quarter of the year, the Nigerian Electricity Regulatory Commission has said. In its quarterly report for the first quarter released on...

CBN Enforces Local Content In Mass Metering Facility         The Central Bank of Nigeria has prohibited the use of its National Mass Metering Programme facility for procurement of fully assembled meters from overseas, and metering infrastructure. It said this in its report on ‘Framework for financing of...

FG To Invest N198.28bn In Power Projects       The Federal Government is to invest N198.28bn on various capital projects in the power sector in different parts of the country in 2021. Different sectors in the power industry have been mapped out to partake in the N198.28bn fund...

Electricity Tariff: FG Agrees To Provide Relief Of N10.20k/kW For Three Months       The Federal Government has agreed to provide a tariff relief of N10.20 per kilowatt of electricity for Nigerians for the next three months and also massively distribute free meters to electricity consumers. This was...

NERC To DisCos: Don’t Revert To Service Reflective Tariff       The Nigerian Electricity Regulatory Commission on Monday said it had directed power distribution companies not to revert to the September 1 service reflective tariff. Chairman of the commission, James Momoh, said Discos had been asked to abide...