At the 111th edition of Nextier Power Dialogue, energy experts identified weak enforcement, policy inconsistency, and unreliable…
Tag: NBET
FG, GenCos Finalise ₦4trn Power Debt Plan
The federal government and electricity generation companies (GenCos) have agreed on the Nigerian power sector debt…
NISO to Dispatch 2,000MW of Stranded NDPHC Power
Nigeria’s Independent System Operator (NISO) has agreed to boost electricity dispatch from Niger Delta Power Holding…
Energy Expert Calls for Transparent Electricity Accounting in Nigeria
A leading energy expert and policy analyst, Mr Abdulrazaq Hamzat, has called for a more transparent…
NERC Initiative Boosts Grid Stability Amid Financial Challenges in Q3 2024
The Nigerian Electricity Regulatory Commission (NERC) reports that the power sector faces ongoing grid stability and…
Nigeria’s Power Subsidy Set to Hit N2.4 Trillion Amid Sector Struggles
Nigeria’s power subsidy is projected to reach N2.4 trillion by 2024 as the sector struggles with…
Electricity is a Product with a Cost, Not Just a Service – NBET CEO
At PwC’s annual Power and Utility Roundtable in Lagos, held Thursday, November 28, Adebayo Adelabu, the…
Nigerian DisCos Report N431.16 billion Revenue in Q2 2024
In the second quarter of 2024, Nigerian Electricity Distribution Companies (DisCos) reported a total customer revenue…
Nigeria’s Electricity Market Faces ₦151.30 Billion Deficit in 2023
The Nigerian Electricity Regulatory Commission (NERC) has reported a total deficit of ₦151.30 billion in Nigeria’s…
NBET Plc Seeks Renewal of Operating License at NERC Hearing
Nigerian Bulk Electricity Trading Plc (NBET) appeared before the Nigerian Electricity Regulatory Commission (NERC) on Thursday…