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...

Electricity Tariff Subsidy Gulped N540bn, Must Stop — NERC       The Nigerian Electricity Regulatory Commission has said the Federal Government spent N540bn subsidising electricity in 2019, stressing the need to put an end to subsidy. According to the commission, the amount spent on electricity subsidy should be...

'Meter Import Waiver Puts Manufacturers At Risk'       The recent approval by the Federal Government of a waiver of the import levy on meters will put local manufacturers in jeopardy, Mojec International Limited has said. The Nigerian Electricity Regulatory Commission had announced in August that the President...

Discos Obey NERC, Begin 14-day Tariff Hike Suspension       Some power distribution companies are beginning to comply with the order of the Nigerian Electricity Regulatory Commission by suspending the September 1, 2020 tariff increase. On Tuesday night, NERC issued an order suspending the hike in electricity tariffs...