The year 2023 marks a significant milestone in the Nigerian Electricity Supply Industry (NESI), the 10th…
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Tinubu Stops Tariff Hike, Insists on Subsidy
The Minister of Power, Adebayo Adelabu, has disclosed that President Bola Tinubu recently stopped the implementation…
FG May Revoke Licenses of Underperforming Electricity Operators
The Minister of Power, Adebayo Adelabu, says the Federal Government will not renew licensing agreements for…
Electricity Market Operators Commence Performance Review
On Monday, the Nigerian electricity market operators commenced the performance review of the Nigerian Electricity Supply Industry (NESI).…
FG Closes $463m Deal to Improve Power Distribution Lines
The Ministry of Power has closed a $463 million contract with a Chinese consortium to improve…
Reps Probe N7tn Power Sector Fund Since Privatisation
The House of Representatives has resolved to investigate all the financial interventions, amounting to over N7…
FG, CBN to Fund 4 Million Prepaid Meters Production
In collaboration with the Central Bank of Nigeria, the Federal Government has said it would finance…
Nigeria Paid N135 Billion in Electricity Subsidy in Q2 2023
The Federal Government said it paid N135.2 billion for electricity subsidy in the second quarter of…
Consumers Paid N267.86Billion Electricity Bills in Q2 2023
The Nigerian Electricity Regulatory Commission (NERC) has revealed that power consumers paid a total of N267.86bn…
Fouani Nigeria Unveils Huawei Power-M Inverter in Nigeria
Fouani Nigeria Ltd, a leading distributor of electronics and home appliances, has unveiled the Huawei Power-M Inverter…