Consumers paid N326bn out of N520bn billed in nine months- Discos
According to a new report by distribution companies (discos) across the country, electricity consumers paid N362bn out of the N520bn billed to them from...
PMB approves Sajou as ED of REA
President Muhammadu Buhari has approved the appointment of Engr. Barka Joda Sajou as Executive Director Technical Services, Rural Electrification Agency REA, and representative, North...
Vandalism of power towers, reason for blackout- PHEDC
The Port Harcourt Electricity Distribution Company has revealed that five power towers were damaged by suspected vandals at the Elelenwo transmission substation in Obio/Apkor...
525,120 meters installed in 23 months- NERC
According to a November 2020 report of the Nigerian Electricity Regulatory Commission (NERC), a total of 525,120 meters were deployed and installed in the...
OAU, IBEDC clash on N43M, electricity supply disconnected
The management of the Obafemi Awolowo University, Ile-Ife and the Ibadan Electricity Distribution Company (IBEDC) traded blame, following disconnection of electricity supply to the...
FG to generate N7.9bn from 161 marginal oil fields bidders
The Federal Government is estimated to generate a total revenue of N7.9bn from the 161 companies shortlisted to advance to the final stage of...
Brent Crude extends gains, hits $55
The international oil benchmark, Brent crude, extended its gains on Friday, rising above $55 per barrel, in what is a potential boost to Nigeria’s...
Nigeria hits all-time peak power generation of 5,552.8MW- TCN
The Transmission Company of Nigeria has announced that Nigeria has recorded an all-time peak power generation of 5,552.8 megawatts.
According to TCN, the new peak...
There is still subsidy on electricity- Minister of Power
The Federal Government has announced that there is still a subsidy of 55 per cent on the electricity consumed by customers in bands D...
FG orders NERC to suspend adjusted tariff
The Federal Government has directed the Nigerian Electricity Regulatory Commission to suspend the recently adjusted electricity tariff.
The Minister of Power, Sale Mamman, made the...
