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Reps stop N309bn FG bond for electricity 

The House of Representatives, on Wednesday stopped the move to raise a Federal Government’s secured bond of N309 billion to finance the outrageous shortfalls in the Nigerian electricity market. The House also directed the Federal Ministry of Power, Works and Housing and the Nigerian Electricity...

Discos fail to meter customers – NERC

The electricity Distribution companies (Discos) added only 4.5% (about 151,724 meters), out of about 3.356million unmetered customers, since they took over operations in 2013, a report by the Nigerian Electricity Regulatory Commission (NERC) has shown. NERC presented the report, yesterday in Abuja, when it met...

Nigeria’s Electricity Output Falls to 2,800MW — NERC

The Nigerian Electricity Regulatory Commission (NERC) has said that power supply through the national grid which peaked to 5000mw in past two weeks had dropped below 2,800mw due to vandalism. Anthony Akah, the Acting Chief Executive Officer of the commission disclosed this while signing a...