The Nigerian Electricity Regulatory Commission has told power firms carved out of the defunct Power Holding Company of Nigeria to comply with the agreements they entered into with the Bureau of Public Enterprises or be sanctioned. The General Manager, Legal, Licensing and Enforcement, NERC, Mrs....

More than six months after the nation’s electricity generation dropped below 3,000 megawatts, output from the power plants is still 1,552MW lower than the peak achieved in February. Power generation stood at 3,523.10MW as of 6am on Friday, September 2, 2016, up from 3,026.3MW on...

The Nigerian Bulk Electricity Trading Plc (NBET) and Central Bank of Nigeria (CBN) are currently negotiating new financial stimulus worth N180 billion to support electricity operators in Nigeria’s power sector, THISDAY has learnt. The paper gathered from an exclusive interview with the acting Managing Director...

Inadequate gas supply due to pipeline vandalism, the looming threat of reversal of electricity tariff hikes, inability of power companies to sign gas supply contracts, and large amounts of debt owed to power companies by ministries, departments and agencies (MDAs) of the three tiers...

No fewer than 600 workers of meter manufacturers have lost their jobs in the past six months. Reason: lack of patronage in the power sector, The Nation has learnt. The firms, under the umbrella of the Electricity Meters Manufacturers Association of Nigeria (EMMAN), resorted to...

The Nigerian Electricity Regulatory Commission has directed its lawyers to file an appeal against the court ruling that mandated it to reverse the 45 per cent increase in electricity tariff across the country. The NERC had earlier stated that it would uphold the decision of...