The Federal Government says it will require about N3.2 trillion to subsidise electricity in 2024, if the current tarrif increase has to be reversed. Mr Sanusi Garba, the Chairman, Nigeria Electricity Regulatory Commission (NERC), said this at a stakeholders’ meeting…
The Nigerian Electricity Regulatory Commission (NERC) has narrated how a delayed court judgement cost the Federal Government billions of naira and plunging manufacturers into debt. The NERC Chairman, Sanusi Garba made this revelation at the 4th NERC seminar for Judges…
The Federal Government has announced that the liquidity in Nigeria’s power increased from N282 billion in 2015 to N900 billion currently, adding that its financial burden in the industry had been reduced by about N373 billion. It disclosed this through…
The Nigerian Electricity Regulatory Commission (NERC) on Thursday signed a Memorandum of Understanding (MOU) with the National Orientation Agency (NOA) to create awareness on safety of electricity infrastructure. Speaking at the signing ceremony in Abuja, the NERC Chairman, Mr Sanusi…
The Federal Government has given Nigerians bitter pills to swallow in the New Year with the reported hike in electricity tariff again. This is coming two months after the government forced on Nigerians increase in tariff, with crazy bills being…
