Gas, Power, Others to Transact Via Trading Platforms in 2023 - FG  The Federal Government has announced that power generation, distribution and transmission companies, gas suppliers, consumers, among others, will conduct electricity transactions through an automated energy trading platform in 2023. The government said the platform...

Discos Owe N416.94bn In Nine Months - NBET         Power distribution companies in the country failed to pay a total of N416.94bn for the electricity sold to them from January to September this year, the latest data from the Nigerian Bulk Electricity Trading Plc have shown. The...

Niger, Benin, Togo Pay Nigeria N2.04bn Electricity Bill         International customers – Niger, Benin, Togo – who purchase power from Nigeria remitted a total of N2.04bn in the first quarter of this year as their outstanding electricity bill to the Market Operator of the sector in...

Discos Failed To Remit N119.88bn In Three Months – NERC         The 11 power distribution companies operating in Nigeria failed to remit N119.88bn in the first quarter of the year, the Nigerian Electricity Regulatory Commission has said. In its quarterly report for the first quarter released on...

Investors in the generation companies (GenCos) have warned of an imminent blackout nationwide if the N601 billion debts owed them by consumers through the off-taker, the Nigerian Bulk Electricity Trading Plc (NBET) – a Federal Government’s owned public liability company. The investors spoke yesterday at...