The Federal High Court sitting in Lagos has restrained Ikeja Electric Plc (IKEDC) and the Nigerian…
Search Results for: Nigerian Electricity Act of 2023
Why Do Nigerians Experience Better Power Supply from April to October Each Year?
Like clockwork, Nigerians enjoy an improved power supply every year between April and October. This discernible…
States to End Electricity Subsidies, Set Own Tariffs
According to a new document from the Nigeria Governors’ Forum (NGF), state governments across Nigeria plan…
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…
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…
NERC Transfers Electricity Regulatory Control to Ekiti State
The Nigerian Electricity Regulatory Commission (NERC) has officially transferred the oversight of Ekiti State’s electricity market…