Electricity Subsidy may Reach N2.4tn by Year-end – NERC The Federal Government, through its Nigerian Electricity Regulatory Commission (NERC), has declared that it would spend about N2.4tn on power subsidies before the end of this year. NERC’s Commissioner of Planning, Research, and Strategy, Dr Yusuf Ali,...

Electricity Subsidy Hits N1.91tn in 11 months The monthly spending of the Federal Government on electricity subsidy obligation has reached N1.91tn in the first 11 months of 2024, a new report by the Nigerian Electricity Regulatory Commission (NERC) has disclosed. It also stated that power distribution...

Discos Kick as Reps Demand N500bn Investment or Exit The House of Representatives on Wednesday called for a minimum of N500 billion recapitalisation threshold for the 11 Electricity Distribution Companies (DisCos) in the country to remain operational. In response to this, DisCos have listed the conditions...

NERC Directs DisCos to Provide Free Replacement for Old Meters The Nigerian Electricity Regulatory Commission (NERC) has directed distribution companies (DisCos) to replace obsolete meters for their customers at no cost. This mandate was outlined in a statement released by the regulatory body’s management on Monday. The...

TCN Explains Why Blackout Persists in North The Transmission Company of Nigeria (TCN) has said the blackout affecting parts of Northern Nigeria will persist due to security challenges hindering repairs on critical transmission lines. Despite efforts to restore electricity through alternative means, the TCN said the...

Gas Problem in Nigeria's Electricity Sector By Abdulrazaq Hamzat Gas shortage is a major problem in the energy sector of Nigeria, particularly in electricity generation. A recent report by the National Electricity Regulatory Commission (NERC) says that more than 70% of electricity generation companies in Nigeria relies...