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Bilateral Companies Owe Nigeria $8.5m for Power Supply – NERC

Bilateral Companies Owe Nigeria $8.5m for Power Supply - NERC The Nigerian Electricity Regulatory Commission (NERC) has reported that some international bilateral companies owe Nigeria’s electricity generation companies (GenCos) about $8.5 million in unpaid power supply. In its latest quarterly report, the Commission said the companies...

FG Targets 6,000 Megawatts Electricity Generation By 2024

FG Targets 6,000 Megawatts Electricity Generation By 2024   Minister of Power, Mr Adebayo Adelabu, says the Federal Government plans to increase power generation from 4000 Megawatts to 6000 by the end of 2024 to boost electricity. Adelabu said this in Abuja on Monday when the members...

EKEDC Plans to Provide 20-hour Daily Power Supply in 2023

EKEDC Plans to Provide 20-hour Daily Power Supply in 2023 The management of Eko Electricity Distribution Company has disclosed that plans have been concluded to provide 20 hours uninterrupted daily electricity supply to its customers in 2023. This is as the company also revealed that it...

TCN Maintenance Scheme to Affect Abuja Power Supply

TCN Maintenance Scheme to Affect Abuja Power Supply The Abuja Electricity Distribution Company, in separate public notices signed by the management, has announced that there will be power interruptions in some parts of Abuja on Friday and Saturday. According to the notices, this is to enable...

FAAN Cuts Power Supply To Kano Airport Quarters Over N500m Debt

FAAN Cuts Power Supply To Kano Airport Quarters Over N500m Debt   Power supply to offices and quarters occupied by staff of the Nigerian Airspace Management Agency (NAMA) at the Mallam Aminu Kano International Airport (MAKIA), Kano has been cut off on the orders of the...

NBET Pays N42bn To GenCos For November Power Supply

NBET Pays N42bn To GenCos For November Power Supply   The Nigerian Bulk Electricity Trading Plc said yesterday it remitted N42 billion to power generation companies, GENCOs, for electricity supplied to the national grid in November, 2021. The bulk trader in a statement in Abuja, explained that...