President Bola Ahmed Tinubu has appointed Engr. Dr. Abdullahi Garba Ramat as the new Chairman and…
Tag: NESI
TCN Blames ₦457bn Electricity Sector Debt for Poor Performance
The Transmission Company of Nigeria (TCN) has revealed that a debt of ₦457 billion owed by…
Presidency Moves to Settle ₦2tn GenCo Debt
The Nigerian Presidency has initiated internal approval processes to resolve the ₦2 trillion legacy debt owed…
NERC Fines Eight DisCos for Overbilling Unmetered Customers
The Nigerian Electricity Regulatory Commission (NERC) has fined eight electricity distribution companies (DisCos) a total of…
FG Plans Electricity Tariff Hike, Sparks Backlash
The Federal Government plans to adjust electricity tariffs to address billing disparities outside Band A and…
NERC Sees Boost in Power Generation for Q3 2024
The Nigerian Electricity Regulatory Commission (NERC) released its Q3 2024 performance report, showing a 16% increase…
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…
Nigerian GenCos Receive Less Than 40% of 2024 Invoices
The Nigerian Electricity Regulatory Commission (NERC) has acknowledged that power generation companies (GenCos) in the country…
Essential Facts on Nigeria’s Electricity Sector
The electricity sector in Nigeria is a dynamic and evolving landscape marked by significant achievements and…
Nigeria’s Power Grid Collapses Again, Marking Fourth Breakdown in 24 Days
Efforts by Nigeria’s government and operators of the Nigerian Electricity Supply Industry (NESI) to stabilize the…