NBET to secure additional 40MW of electricity to strengthen stability of the national grid – Official
April 13, 2022 The Nigerian Bulk Electricity Trading (NBET) Plc. says it is in the process of finalising a Power Purchase Agreement (PPA) with Mabon Hydro Power Plant for 40MW…
Reps C’ttee to give accelerated consideration to NDDC, NBET reports
The Chairman, House of Representatives Committee on Public Account, Rep. Wole Oke (PDP-Osun) has pledged accelerated hearing in Niger Delta Development Commission (NDDC) and Nigeria Bulk Electricity Trading (NBET) Plc…
Reps urge Buhari to compel CBN, NNPC, others to honour invitation of the House within seven days
The House of Representatives has called on the President to compel the Central Bank of Nigeria (CBN), Godwin Emiefele, Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Managing Director…
Over 90 % of electricity generated in the country distributed, consumed by Nigerians – Presidency
The Presidency on Tuesday said Nigeria exports power to neighbouring countries in order to prevent the damming of water that feeds the nation’s major power plants. This is in response…
Electricity tariff review:Â 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…
FG to re-examine power sector privatisation
The Federal Government says it will consider an overhaul of the private power sector, government officials said following the National Economic Council meeting on Thursday. The power sector was privatised…
Liqudity Crisis: 11 DisCos Remit N55.1bn Electricity Invoice in 2018 Q3 –NERC
Nigerian Electricity Regulatory Commission (NERC), says that the 11 Electricity Distribution Companies (DisCos) remitted N55.1 billion of electricity invoice out of the total N162.5 billion they received in the…
Stop Attacks Against BEDC, 46 CSOs Warn Edo State Govt, Others
Against the backdrop of incessant hostility mounted on its operations, electricity consumers in Edo State, especially those hiding under the cover of civil rights advocacy to foist unlawful…
Nigeria’s Energy Sector’s Crippling Debts Delay Next Power Plant
Plans to build another privately-financed power station in Nigeria to help end decades of chronic blackouts have been delayed because of concerns about persistent shortfalls in payments…