electricity

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…

Still on electricity and telecom tariff hike

In recent weeks, discussions surrounding the planned increases in electricity and telecom tariffs in Nigeria have generated considerable debate, and rightfully so. While there are many supporting the tariff hikes as necessary measures for sector sustainability, the broader implications of…