The Nigerian Electricity Regulatory Commission (NERC) has urged the Federal Government to address ongoing non-payment and…
Tag: NBET
FG Approves NBET Transition to Energy Trading Platform
The federal government has approved the transition process for the Nigerian Bulk Electricity Trading Plc (NBET)…
FG Permits DisCos to Purchase Electricity Directly from GenCos
The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has permitted Electricity Distribution Companies (DisCos)…
Senate Calls out NDPHC for Misappropriation of Funds
The Senate holds NDPHC accountable for $500 million in mismanagement. Lower house petitions BPE to stop…
Nigeria’s Power Generation Reaches Highest Level Since May
Nigeria’s energy sector generated 95,116.18MWh on the12th of July. This was the highest ever recorded generation…
CBN $250million Intervention to Stabilise Power Grid
CBN tunes in $250million to stabilise nationwide power delivery According to the minister, TCN has completed…
NBET Praises CBN’s Crucial Role in the Power Sector
Dr Nnaemeka hails CBN for its role in stabilising NESI. TCN and DisCos to identify critical…
Ibom Power to Increase Capacity by 500MW
Ibom Power to increase generation capacity by 500MW. NBET has paid only 30% of its total…
NIGERIA: Benin, Niger and Togo Make Zero Payments for Electricity Supplied in Q2 2021
No payments were received for electricity supply in Q2 2021 ₦770 million invoices issued The Nigeria…
A Busy Couple of Weeks for NERC
The past two weeks week have been busy for the Nigerian Electricity Regulatory Commission (NERC). NERC…