A High Court in Lagos has issued an interim order preventing 10 electricity distribution companies (DisCos) and the Nigerian Electricity Regulatory Commission (NERC) from increasing tariffs. Presiding Judge Lewis Allagoa granted the ex parte order on Monday, June 10. According…
By Tolu Ogunlesi Quite sad (but not surprising) that it’s the ‘freezer’ comment that totally dominated the headlines from yesterday’s Electricity press briefing. There was a lot more that was said, that’s useful to know, as background and basis for…
The federal government has announced an increase in the wholesale price of gas to power plants by 11 per cent from $2.18 per MMBTU (Million British Thermal Unit) to $2.42 The gas companies had since January this year reduced supply…
