TUC Rejects FG’s Proposed Power Tariff Increment Condemns Release of N600bn Bailout Fund The Trade Union Congress (TUC) has rejected the proposed 2020 increment of power...
Power Sector: FG Signed Another N600bn Intervention Fund The Federal Government has signed another N600 billion intervention fund for the unstable money consuming power sector. President...
Electricity: FG Raises Power Tariff The Nigerian Electricity Regulatory Commission (NERC) has raised the tariff on power consumption across the country. Details from the NERC document...
Bad Loans: Power Firms Owe Over N100bn The National Bureau of Statistics put the total non-performing loans accrued to the power sector at N100.42 billion. According...
FG to Open Power Sector to New Investors The Vice President, Prof. Yemi Osinbajo, on Thursday, said the government is working on a plan to open...
PH DISCO Goes Cashless; Introduces POS Payment of Electricity Bills The Port Harcourt Electricity Distribution Company, says it has introduced On-The-Spot (OSP) collection of electricity bills....
Nigeria to Pay Siemens Over N1.15trn for 25,000MW The new electrification project signed by the Federal Government and Siemens AG will cost Nigeria more than N1.15...
Power Stations Shutdown as Demand Drops Not less than seventeen power stations have shut down operations as they complain of low demand from distributing companies. A...
‘Substandard Transformers Imports Worsening Power Crisis’ The crisis in Nigeria’s power sector had been worsened by the high influx of substandard transformers, the Nigerian Electricity Management...
Power Distributors Fail to Remit N1.16tn to NBET Power distribution companies in the country failed to remit a total of N1.156tn to the Nigerian Bulk Electricity...