…As REA inaugurates 40KWp solar mini-grid in Gwagwalada community Vice-President Kashim Shettima on Friday urged the Rural Electrification Agency (REA) to double its efforts towards ensuring increased access to electricity in the country. Shettima made the call when a delegation…
The Nigerian Electricity Regulatory Commission’s (NERC) recent directive for Distribution Companies (DisCos) to transition away from the single-buyer model contract with energy generation companies (GenCos) has sparked significant controversies in the power sector. This is even as Nigerians will pay…
Again, the Nigeria’s electricity grid has collapsed for the seventh time in 2024, as the total generation on the grid read 00:00:00 at 1:33 pm on Monday. The total system collapse which led to total blackout in most parts of…
By Seun Ibiyemi Again, the Nigeria’s electricity grid has collapsed for the seventh time in 2024, as the total generation on the grid read 00:00:00 at 1:33 pm on Monday. The total system collapse which led to total blackout in…
Nigeria has secured at least $1.25 billion in loans from the World Bank and the African Development Bank (AfDB) to boost electricity supply under the administration of President Bola Tinubu. On December 14, 2023, the World Bank approved the $750…
The African Development Bank Group (AfDB) has approved a loan of $500 million to the Federal Republic of Nigeria. According to a statement from the bank, this funding will finance the first phase of the Economic Governance and Energy Transition…
Subsidy payments on electricity gulped over N633.30 billion in the first quarter of 2024, representing a 150.5 per cent increase from N252.76 billion in Q4, 2023. The total amount spent on subsidy in the first three months of the year…
The Ibadan Electricity Distribution Company Plc has announced the completion of a major enhancement of its electricity infrastructure serving the Sango/Ota area in Ogun State, Nigeria. In a statement made available by IBEDC’s spokesperson, Busolami Tunwase, on Wednesday, the company…
The recent increase in electricity tariffs for consumers enjoying 20 hours of power supply daily is a misguided move that has sparked widespread criticism. The Nigerian Electricity Regulatory Commission’s (NERC) decision to raise tariffs by 240 percent for customers…
The national power grid again collapsed on Saturday, throwing the country into total darkness. Our correspondent reports that the grid collapsed around 3 pm. The Enugu Electricity Distribution Company has confirmed the development. In a statement, the DisCo said all…
