Mr Akinwumi Adesina, President, African Development Bank Group (AfDB), says Nigeria is losing about 29 billion dollars annually due to a lack of reliable power supply. Adesina said that it amounted to 5.8 per cent loss in the nation’s Gross…
By Seun Ibiyemi Despite the federal government’s investment of $56m technology to monitor the national power grid performance, Nigeria has once again plunged into a nationwide blackout following the collapse of its national grid system. The total system collapse which…
Nigerians will soon start paying a lower tariff for the electricity they consume, Minister of Power, Oloye Adebayo Adelabu, has assured. Speaking on Thursday when he received the Executive Secretary of the National Lottery Trust Fund, Mr. Tosin Adeyanju, who…
The Adamawa State Police Command have apprehended a man who climbed a 33KV high-tension electricity pole to call for the resignation of President Bola Tinubu. The incident took place in the Mayo-Belwa Local Government Area of Adamawa State. The man…
Despite a gradual increase in efficiency in bill collection, the debt profile of Nigerian electricity users stands at N385.7 billion as of 2023. This was revealed in the annual report and accounts by the Nigerian Electricity Regulatory Commission (NERC).…
Some Electricity Consumers in the Federal Capital Territory (FCT) have decried the transfer of their tariff to Band A while they were not having 20 hours power supply. In separate interviews with newsmen on Tuesday, the consumers who reside in…
Customers on Band A feeders may need to brace up for a possible tariff increase following the rise in the electricity tariff shortfall otherwise known as subsidy. The electricity subsidy to be paid by the Federal Government rose to N181,63bn…
The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has signed a Memorandum of Understanding (MoU) with two Chinese corporations to improve light and water supply in the territory. Wike disclosed this in a statement signed by Mr…
The Transmission Company of Nigeria (TCN), says it has capacity to transmit 6,000 MWS of electricity to distribution load centres nationwide. The Managing Director of TCN, Mr Sule Abdulazi said this in an interview with journalists in Abuja on Sunday.…
By Seun Ibiyemi The Nigerian Electricity Regulatory Commission (NERC) has given six states the authority to regulate their electricity markets on Tuesday. In a statement by the Commission on X (formerly Twitter), Enugu, Ekiti, Ondo, Imo, Oyo, and Edo States…
