Due to mounting debt, the Nigerian Electricity Regulatory Commission (NERC) is preparing to sell Kaduna Electricity…
Search Results for: Distribution Companies
FG Spends N375.8bn on Electricity Subsidy in Q1 to Q3 2023
The Federal Government spent N375.8 billion on electricity subsidies in the first, second and third quarters…
Changing DisCos’ Ownership Won’t Solve Nigeria’s Power Supply Issues –Stakeholders
Stakeholders in the power sector have said that changing the ownership of electricity Distribution Companies (Discos)…
Adelabu Advocates for Gas Pricing in Naira
The minister of power, Adebayo Adelabu, advocates for gas pricing in naira to manage inflation in…
EU Unveils Energy Overhaul Plan For Renewable Surge
European Union energy commissioner Kadri Simson unveiled a plan to overhaul the bloc’s 40-year-old electricity infrastructure…
Why Over 7 Million Nigerians are Still Unmetered
The year 2023 marks a significant milestone in the Nigerian Electricity Supply Industry (NESI), the 10th…
Reps Summon CBN, 11 DisCos Over $321m Loan
The House of Representatives Public Accounts Committee chaired by Hon Bamidele Salam (Osun-PDP) on Thursday summoned…
Electricity Market Operators Commence Performance Review
On Monday, the Nigerian electricity market operators commenced the performance review of the Nigerian Electricity Supply Industry (NESI).…
NESI Says Power Sector Improved Last Decade
In the last 10 years, Nigeria’s power sector has experienced markered progress. According to the Nigerian…
Reps Probe N7tn Power Sector Fund Since Privatisation
The House of Representatives has resolved to investigate all the financial interventions, amounting to over N7…