...to procure N6.2bn transformers The Federal Ministry of Power, Works and Housing and some of its agencies will be spending N6.562 billion to operate generators and buy transformers in 2017. The ministry budgeted for generator maintenance alone the sum of N322.7 million in spite of the...

...Says TCN’s wheeling capacity is now 7200MW The Federal Government has said that it will not approve a fresh electricity tariff hike at least for now, stating that it is still meeting with stakeholders in the country’s electricity sector, including the World Bank to provide...

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...

The Sokoto State power plant will generate electricity at N178 per kilowatt, more than three times its current price in the region, Daily Trust investigations have shown. The 38-megawatt Independent Power Plant (IPP) was built by the state at the cost of N3.8 billion and...

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 Nigerian Electricity Regulatory Commission has imposed a fine of N37.52m on the Port Harcourt Electricity Distribution Company over its failure to submit audited financial reports since 2013 when a new management came on board. NERC in its Directive 158 that was signed by its...