Nigeria, recently, began the process of implementing gradual increases in the end-user tariff for electricity to move towards a liberalised market, where the Federal Government no longer bears the burden of tariff shortfall The post Tariff Hike: Concerns about renewable Read More
What may frustrate states’ capacity to generate, distribute electricity despite move to end subsidy
There are strong indications that the efforts by some state governments to take advantage of the country’s new Electricity Act in generating and distributing power in the country may face daunting hurdles. The post What may frustrate states’ capacity to Read More
40% of generated electricity lost to theft amidst metering crisis
Nigeria may be losing about 40 per cent of electricity generation to theft even as the metering of over eight million consumers remained a challenge. The post 40% of generated electricity lost to theft amidst metering crisis appeared first on Read More
Power minister performing poorly, group insists
An electricity consumer group, All Electricity Consumer Protection Forum, said the current Minister of Power, Adebayo Adelabu is performing below expectations. The post Power minister performing poorly, group insists appeared first on The Guardian Nigeria News – Nigeria and World Read More
FG owes DisCos over N100b, budgets N40b in 2024
Despite pushing for a cost-reflective tariff in the country and improved revenue in the sector, the federal government, alongside its ministries, departments and agencies (MDAs), owes electricity bills worth over N100 billion. The post FG owes DisCos over N100b, budgets Read More
NERC, YEDC unveil forum to address consumers’ complaints
The Yola Electricity Distribution Company (YEDC) and the Nigeria Electricity Regulatory Commission (NERC) have launched a new forum office in Yobe to address challenges facing consumers. The post NERC, YEDC unveil forum to address consumers’ complaints appeared first on The Read More
Stakeholders urge customers to guide against meter update fraudsters
Stakeholders have called on customers to be wary of fraudsters who would take advantage of the prepaid meter update claiming to be from electricity distribution companies (DisCos). The post Stakeholders urge customers to guide against meter update fraudsters appeared first Read More
Leveraging efficient power supply to unlock economic potential
A report by the World Bank, said businesses in Nigeria suffer a yearly loss of $29 billion as a result of unreliable power supply – a development that continues to cripple both private and public investments in the country. The Read More
As Nigeria’s energy sector walks tightrope in 2023
Subsidy payment, both in the oil, gas and electricity sectors; crude oil theft, vandalism, insecurity, contract-based market for power, incessant collapse of national electricity grid, divestment of assets, metering challenges, low investment in the oil and gas industry… The post Read More
NERC hails transformative efforts at EEDC
The Nigerian Electricity Regulatory Commission (NERC) has admitted that sustainability and transformative efforts are ongoing in some distribution companies, especially Enugu Electricity Distribution Company PLC (EEDC) The post NERC hails transformative efforts at EEDC appeared first on The Guardian Nigeria Read More