The 11 Electricity Distribution Companies (DisCos) recorded a shortfall of ₦273.42 billion in 2020 IkejaDisCo recorded…
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DisCos Blame Blackouts on Load Shedding
Ikeja Electric and Eko Electricity DisCos blame the recent power shortages in Lagos on TCN load…
The Electricity Ponzi Scheme
Ponzi schemes are known to take people’s investments, be it in hope or finances or, as…
NIGERIA: Senate Grills NERC Over Poor Metering Performance
NMMP performance stands at 13% ₦34 billion released so far by the CBN NERC and DisCos…
NIGERIA: FG to End Subsidies by December 2021
FG to end tariff subsidies Expects tariff collection to hit 100bn in short to medium term…
AfDB Funds $530m Electricity Project to Expand Renewable Energy and Regional Connectivity in Angola
The African Development Bank has committed $530 million to finance the construction of a 343 km,…
Group Alleges Plot to End Eligible Customer Regulation
Group alleges plot to end eligible customer Accuses DisCos of plotting against Nigerians Calls on President…
NERC Directs DisCos to Replace Obsolete Meters
NERC urges DisCos to replace of old meters 3 million meters are obsolete and require replacements…
NERC Releases Q2 2020 Performance Report
Generation increased by 1.4% Billing efficiency dropped by 10.1% More than 50% of Nigerians still unmetered…
NERC Lists Sanctions for Load Rejection, Wheeling Deficit
NERC to sanction erring DisCos and TCN Signs guidelines for sanctions Lists out sanctions for erring…