In its June 2024 report on clean energy investment for development in Africa, the International Energy…
Search Results for: 2023 Electricity Act
States to End Electricity Subsidies, Set Own Tariffs
According to a new document from the Nigeria Governors’ Forum (NGF), state governments across Nigeria plan…
Labour Union Shuts Down National Grid for June 3 Strike Action
On June 3, 2024, the Transmission Company of Nigeria (TCN) announced that the Labour Union had…
Tony Elumelu Calls Out N2 Trillion Power Sector Debt, Demands Swift Government Action
At the 18th Annual General Meeting (AGM) of Transcorp Plc held in Abuja, the Chairman, Mr…
FG Says International Consumers Owe Nigeria Millions For Electricity
The Federal Government revealed that international consumers did not remit $51.26 million for electricity exported from…
The Senate Sparks Showdown Over Shocking Electricity Tariff Hike
The Senate paused adopting a report from the Committee on Power recommending suspending the new electricity…
Electricity, Gas, Others Contributed 5.64% to Nigeria’s April 2024 Inflation Rate
The latest Consumer Price Index (CPI) and inflation report released by the National Bureau of Statistics…
One Megawatt of Electricity Generation Capacity Costs Between $500K and $1.5 Million – Dafe Akpeneye, NERC Commissioner
Dafe Akpeneye, the Commissioner overseeing Legal, Licensing, and Compliance at the Nigerian Electricity Regulatory Commission (NERC),…
PwC’s Report Urges Proper Assessments for EA 2023 Implementation
Pricewaterhouse Coopers (PwC), in its recently released report, stated that despite the Electricity Act 2023’s potential…
NERC Faces Backlash Over Electricity Tariff Reduction
Nigerians, labour unions, Civil Society Organizations (CSOs), and power sector experts have criticised the Nigerian Federal…