The federal government’s electricity subsidy obligation surged from N252.76 billion in the last quarter of 2023…
Tag: NERC
FGN Power Company Signs $118M Power Distribution Deal with Power China, and Elsewedy
The FGN Power Company (FGNPC) has signed a significant Engineering, Procurement, Construction, and Financing (EPC&F) contract…
Ikeja DisCo Achieves Top Revenue and Efficiency Marks in Q1 2024
Ikeja Disco has led the Nigerian electricity distribution sector in revenue and efficiency for the first…
Nigeria’s Power Generation Dropped to 13.68% in Q1 2024
Nigeria’s power generation capacity fell by 13.68% in Q1 2024. The average capacity dropped by 673.16…
NERC Orders NBET to Stop New Contracts, Supports Direct Trading
The Nigeria Electricity Regulatory Commission (NERC) has directed the Nigeria Bulk Electricity Trading (NBET) company to…
Four Years of Tragedy: Nigeria’s Electricity Workers Struggle with Safety
Every day, as Nigerian electricity workers go about their lives, powering homes and businesses, a silent…
House of Representatives Directs Reversal of Electricity Tariff Hike for Band ‘A’ Customers
To address concerns over electricity tariffs, the House of Representatives has instructed the Nigerian Electricity Regulatory…
Nigeria Accelerates Renewable Energy Push with 5% Requirement for Power Companies.
Nigeria has mandated that electricity Distribution Companies (Discos) meet a minimum 5% requirement for clean energy.…
NERC: DisCos Must Purchase Transformers, Cables, Poles
The Nigerian Electricity Regulatory Commission (NERC) has reiterated that distribution companies (DisCos) are responsible for purchasing…
Number of Metered Customers Fell by 14,991 in May 2024 — NERC
The latest Metering and Customer Service Standards factsheet for May 2024, released by the Nigerian Electricity…