Electricity: DisCos record ₦119.46bn deficit in Q4 2019
The Nigerian Electricity Regulation Commission (NERC), on Saturday said the Nigerian Electricity Supply Industry (NESI) recorded N119.46 billion deficit in the fourth quarter of 2019. NERC said the 11 Electricity…
DisCos gives support for plans to supply free electricity to consumers
The Electricity Distribution Companies (DisCos) have given assurance of its support for the plan to supply free electricity to all consumers, as one of the palliative measures to bring succour…
COVID-19: Gbajabiamila urges FG to give 100% waiver on electricity consumption
The Speaker of the House of Representative, Mr Femi Gbajabiamila has asked the Federal Government to waive electricity tariffs for two months. Speaking during a meeting between the leadership of…
COVID-19: Reps to pass Bill to ensure 2 months free power supply to Nigerians
The Speaker of the House of Representatives, Mr Femi Gbajabiamila, says the House will pass a stimulus Bill to ensure Nigerians get free electricity supply for two months. In a…
NLC describes plan to increase electricity tariffs as “deafening expression of insensitivity”
The Nigeria Labour Congress (NLC) has decried alleged plans to increase electricity tariffs in the country. In a statement made available on Tuesday in Abuja, the NLC president, Mr Ayuba…
Electricity tariff review: NERC needs to address the issue of previous failed reviews – GenCos
The Generation companies in Nigeria have raised concern regarding the electricity tariff review scheduled to be effective on April 1. They had through their representative noted that the Nigerian Electricity…
TCN urges FG govt to provide policy direction for capitalisation of DisCos
Mr Usman Mohammed, the Managing Director, Transmission Company of Nigeria (TCN), says robust policy direction and massive investments are catalyst to sustainable power reform in the country. Mohammed stated…
NEC welcomes urgent call to halt malnutrition in Nigeria, raises dangers of cooking with Paracetamol
The National Economic Council (NEC) has welcomed an urgent call from stakeholders to halt malnutrition and related issues in Nigeria. The council chaired by Vice President Yemi Osinbajo, with membership…
Electricity Tariff: NERC says minor review order has no immediate impact on consumers
The Nigerian Electricity Regulatory Commission (NERC), says the minor review order released by the Commission on January 3 has no immediate impact on end-user tariffs. Mr Usman Arabi, NERC’s General…
Hike in electricity tariff necessary to get power sector back on track – NECA
The Nigeria Employers’ Consultative Association (NECA) says the proposed hike in electricity tariff is necessary to get the power sector back on track. Its Director-General, Mr Timothy Olawale, said on…