NERC

MTN and others receive permits for electricity generation

The Nigerian Electricity Regulatory Commission (NERC) has granted permits for mini-grid electricity generation to Golden Penny Power Limited, MTN Communications Nigeria Limited, Havenhill Synergy, and others. In Q1 2024, NERC issued nine new off-grid generation licenses totaling 109.69 megawatts, along…

Electricity subsidy gulps N633bn in Q1 

Nigeria’s payment of subsidy on electricity has gulped a total of N633.30bn in the first quarter of 2024. This figure represents an increase of 151% from N252.76bn previously reported by the Nigerian Electricity Regulatory Commission (NERC). In its latest data,…