Power Tariff Hike: DisCos Apply for Review The Federal Government, on Thursday, announced that the 11 power distribution companies in Nigeria have applied for the review of their various electricity tariffs in order to incorporate the changes in the macroeconomic parameters across the country. It disclosed...

Power Tariff Shortfall Hits N2.4trn In Six Years   Power tariff shortfall hits N2.4trn as power consumers did not pay a total of N2.4trn for the quantum of electricity they consumed between 2015 and 2020, the Federal Government has stated in its latest report on Nigeria’s...

FG Raises Power Tariff December, Begins Free Meters Purchase   Power consumers nationwide may start to pay more for electricity, following plans by the Federal Government to carry out a review of power tariff. This came as the Federal Government said on Wednesday it had commenced the...

FG Spends N568.5bn Yearly On Power Tariff Shortfalls – W/Bank       The Federal Government of Nigeria is spending $1.5bn (N568.5bn at N379/$ exchange rate) annually to fund electricity tariff shortfalls, the World Bank has said. According to the global financial institution, this amount could further increase if...