The passage of the new Electricity Bill by President Bola Tinubu requiring generation companies to pay five per cent of their yearly operating expenses for the previous year to fund host communities’ development has started generating mixed reactions. The post Read More
Between subsidy, cost-reflective tariff and service delivery
Nigeria’s electricity pricing has remained contentious over the years, as some stakeholders argue that the current pricing model does not effectively cover the costs of generation, transmission, and distribution. The post Between subsidy, cost-reflective tariff and service delivery appeared first on The Guardian Nigeria News – Nigeria and Read More
‘Government needs to liberalise, allow GenCos sell power directly to off-takers’
What we have in place today is a single-buyer market. Only the Nigerian Bulk Electricity Trading Company buys power. So, you have no option. The post ‘Government needs to liberalise, allow GenCos sell power directly to off-takers’ appeared first on Read More
FG boosts power supply with N1.3tr as DisCos remit N26.8 billion
The Federal Government has supported the supply of electricity in the country with about N1.3 trillion as the Distribution Companies remitted N26.8 billion in June this year. The post FG boosts power supply with N1.3tr as DisCos remit N26.8 billion Read More