…As unmetered customers hit 5.8m Despite the persistent epileptic power supply nationwide, revenue generation by electricity distribution companies in Nigeria surged to N1.1trn within the 12 months of 2023, a new report has revealed. The figure represents an increase of…
The number of electricity consumers rose by 410,000 from 11.71 million in the third quarter of 2023 to 12.12 million in the fourth quarter of 2023. The National Bureau of Statistics (NBS) stated in its Electricity Report for the fourth…
The Transmis-sion Company of Nigeria (TCN) says it remains committed to managing the grid and ensuring its stability amidst ongoing challenges. In a statement signed by the General Manager, Public Affairs, Mrs Ndidi Mbah in Abuja on Sunday, identified the…
Seplat Energy Plc, leading Nigerian independent energy company, says the execution of corporate social investment (CSI) programmes in oil and gas producing communities as well as empowerment of their people is capable of promoting stability in the energy sector and…
The number of electricity consumers rose by 410,000 from 11.71 million in the third quarter of 2023 to 12.12 million in the fourth quarter of 2023. The National Bureau of Statistics (NBS) stated in its Electricity Report for the fourth…
Some experts in the power industry have urged the Federal Government to prioritise investment in modern power infrastructure to mitigate frequent system collapses. The experts made the urge in separate interviews on Sunday in Lagos. Recall that on March 28,…
The Nigerian Content Development and Monitoring Board (NCDMB) has been commended for maintaining first position among ministries, departments and agencies (MDAs) in the Half Year Executive Order (EOI) Compliance Report by the Presidential Enabling Business Environment Council (PEBEC). Addressing a…
…Identifies energy access as catalyst for economic growth The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd) has stated the company’s pledge to ensure energy security goes beyond the reins of ensuring adequate fuel…
The Management of Benin Electricity Distribution Company (BEDC Electricity Plc.), on Thursday said that the Management and Board of BEDC was intact and not dissolved contrary to speculations in public domain. This is contained in a statement signed by its…
Following rumours that the NNPC Retail Limited service stations have embarked on a downward review of their prices, the downstream operator has denied the rumours. In a statement by the Group’s Chief communication officer, the NNPC clarified that it has…
