electricity

EERC issues electricity generation licence to investor

The Enugu State Electricity Regulatory Commission (EERC) has granted an electricity generation licence to Tempo Power Solutions Ltd for a five-megawatt gas-powered plant set to operate in the state. Described as a pioneering project in terms of technological sophistication, the…

FG subsidised electricity with N471.7bn in Q4 2024

By Seun Ibiyemi The Federal Government of Nigeria (FGN) provided a ¦ 471.69 billion electricity subsidy in the fourth quarter of 2024 (Q4 2024), according to the Nigerian Electricity Regulatory Commission (NERC). This subsidy accounted for 57 per cent of…

Plateau gets NERC order to regulate electricity market

In compliance with the amended constitution of the Federal Republic of Nigeria and the Electricity Act 2023 (Amended), the Nigerian Electricity Regulatory Commission has issued an order to transfer regulatory oversight of the electricity market in Plateau State to the…

FG to regularise Band B, C electricity tariffs

The Federal Government (FG) has announced plans to regularise electricity tariffs for Bands B, C, and A consumers to create a more efficient and reliable power sector. Minister of Power, Mr Adebayo Adelabu, made this known during the Public Presentation…