NERC hands over electricity regulatory oversight to Lagos
The Nigerian Electricity Regulatory Commission (NERC) has announced the transfer of regulatory oversight for the electricity…
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electricity
FG’s electricity subsidies rise to N199.64bn in Dec — NERC
The Federal Government's electricity subsidies increased to N199.64 billion in December 2024, according to data from the Nigerian…
Monumental fraud taking place in electricity sector — EFCC
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has raised concerns about fraud in the…
Peter Obi urges FG to resolve power crisis issues
Former presidential candidate Peter Obi has urged the federal government to find lasting solutions to the nation’s power crisis.…
Costly petrol, power outages recipe for business failure, poverty — Peter…
The Labour Party's 2023 presidential candidate, Peter Obi, has expressed concern that frequent power outages across Nigeria and…
FG incurs ₦380bn electricity subsidy bill Q2 2024 — NERC
The Federal Government incurred an electricity subsidy of ₦380 billion in the second quarter of 2024.
According to the…
Tariff hike looms as monthly power subsidy hits N181billion
Electricity customers on Band A feeders may face a potential tariff increase due to a rising electricity tariff shortfall,…
NERC approves transfer of electricity regulation to Kogi
The Nigerian Electricity Regulatory Commission (NERC) has issued an order transferring regulatory oversight of the electricity…
NERC transfers electricity regulations to Edo
The Nigerian Electricity Regulatory Commission (NERC) has issued an order to transfer the regulatory oversight of the electricity…
FG incurs ₦633bn electricity subsidy in Q1 2024
Regarding revenue collection, the report noted that DisCos experienced a shortfall, collecting ₦291.62bn out of the ₦368.65bn…