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Electricity  monthly subsidy hits N181bn, as tariff hike looms

The electricity subsidy to be paid by the Federal Government rose to N181,63bn in September from N10...

September 23, 2024
NERC fines Abuja DisCo N1.69bn for overbilling customers

The Nigerian Electricity Regulatory Commission has imposed a fine of N1.69bn on Abuja Electricity Di...

September 13, 2024
NERC highlights electricity consumers’ rights, responsibilities

The Nigerian Electricity Regulatory Commission has charged consumers of electricity in the country t...

September 12, 2024
DisCos' Revenue Increases by 40% to N433bn
September 11, 2024

Revenues earned by electricity Distribution Companies (Discos) in Nigeria in the second quarter of 2...

Monthly Power Subsidy Soars by 151% to N211bn
August 1, 2024

The electricity subsidy obligation of the Federal Government rose from N252.76bn to N633.30bn in the...

DisCos Earned N291bn Q1 Amid Power Sector Crisis
July 24, 2024

The electricity distribution companies in Nigeria has managed to generate a revenue of N291.62bn dur...

Six Companies Acquire Licences To Distribute Power
June 30, 2024

The commission explained that the networks were designed to be independent of the main transmission...

NERC Approves 450MW Deal to Prevent Shutdown of Zungeru Plant
June 19, 2024

The Nigerian Electricity Regulatory Commission has given approval for the purchase of 450 megawatts...

FG to Continue Transfer of Electricity Regulatory to States
May 20, 2024

The Minister of Power, Adebayo Adelabu, announced this Monday during a two-day stakeholders workshop...

Nigeria Govt' Suspends Transfer Of Regulatory Oversight To States
May 18, 2024

The Federal Government through the Ministry of Power has suspended the transfer of regulatory oversi...

1.3bn, N1.3trn Power Sector Debts Payment will Encourage Investors- AfDB
May 17, 2024

The Vice President of African Development Bank (AfDB) has said the approval of the payment of $1.3 b...

Manufacturers Spend More on Security Than Taxes- MAN
May 15, 2024

The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, stated th...

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