NERC to meet with stakeholders on NBET license renewal Seeks comments on NBET’s performance Pursuant to…
Search Results for: NBET
NIGERIA: NBET Owes Egbin Power ₦388 Billion – Kola Adesina
NBET owes Egbin Power ₦388 billion Senate Committee visits Ebgin power plant Egbin to invest…
Metering Crisis: 7.3 Million Unmetered Customers in Nigeria
Metering electricity customers in Nigeria remains a significant challenge, with the number of unmetered customers increasing…
Nigeria’s Electricity Market Faces ₦151.30 Billion Deficit in 2023
The Nigerian Electricity Regulatory Commission (NERC) has reported a total deficit of ₦151.30 billion in Nigeria’s…
Federal Government to Cover KEDCO’s Tariff Shortfall
To address the financial strain of the Kano Electricity Distribution Company (KEDCO), the Federal Government of…
NERC Threatens Ajaokuta Steel with Grid Disconnection Over ₦1.2 Billion Debt
The Nigerian Electricity Regulatory Commission (NERC) has warned Ajaokuta Steel Company Limited (ASCL) that the company…
Federal Electricity Subsidy Hits New Heights as Remittance Performance Improves
The federal government’s electricity subsidy obligation surged from N252.76 billion in the last quarter of 2023…
Ikeja DisCo Achieves Top Revenue and Efficiency Marks in Q1 2024
Ikeja Disco has led the Nigerian electricity distribution sector in revenue and efficiency for the first…
Federal Government Spends N633.30 billion on Electricity Subsidies Amid DisCo Collection Improvements in Q1 2024
The federal government accumulated N633.30 billion in electricity subsidies in the first quarter of 2024, despite…
Power Sector Debt Crisis: Urgent Federal Intervention Needed
The Nigerian Electricity Regulatory Commission (NERC) has urged the Federal Government to address ongoing non-payment and…