Nigerian billionaire Tony Elumelu, known for his significant influence in the nation’s business sector, particularly in…
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FG Approves NBET Transition to Energy Trading Platform
The federal government has approved the transition process for the Nigerian Bulk Electricity Trading Plc (NBET)…
States Demand for Decentralised REA Projects
Last week, at a stakeholder roundtable hosted by the Rural Electrification Agency (REA), states demanded decentralisation…
Bayo Adelabu Leads Joint Effort For Nigeria’s Power Security
A crucial meeting occurred with the Minister of Power, Bayo Adelabu and Nigeria’s Forum of Commissioners…
Eskom to Curb Loadshedding by Unbundling into Separate Firms by Mid-2024 –Report
In a bid to tackle the age-long power crisis in the country, South Africa’s power utility…
NERC Can Act in a Quasi-Judicial Role to Handle Electricity Matters – Sanusi Garba
Sanusi Garba, the Nigerian Electricity Regulatory Commission (NERC) Chairman, underscored the Commission’s vested authority to establish…
NERC Issues N10.5bn Fine to DisCos for Overcharging Unmetered Consumers
The Nigerian Electricity Regulatory Commission (NERC) has sanctioned the 11 Electricity distribution companies (DisCos) for non-compliance,…
Nigeria Experiences Blackout as Power Grid Collapses
The national power grid, operated by the Transmission Company of Nigeria (TCN), collapsed again yesterday at about 11:51…
Electricity Consumers Rise to 11.71m in Q3 2023 –NBS
The number of electricity consumers rose by 240,000 from 11.47 million in the second quarter of…
FG Permits DisCos to Purchase Electricity Directly from GenCos
The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has permitted Electricity Distribution Companies (DisCos)…