Category: Electricity

NERC increases price of electricity meters to 143k

The Nigerian Electricity Regulatory Commission has approved a price increase for prepaid power meters across the...

Customers oppose Discos’ plan to recover prepaid meters

Customers of power distribution firms are unhappy with their attempts to reclaim prepaid meters for...

NERC advises users to update prepaid meters before November

  The Nigerian Electricity Regulatory Commission has issued a recommendation for prepaid metre customers to...

FG grants company license to generate 723MW

The Federal Government has approved the issuing of two power-generating licences totaling 723 megawatts. The...

DisCos earn N247bn from customers – Report

Electricity distribution companies earned just N247.09 billion in income from the N359.38 billion billed to...

NERC gives condition for DisCos to pay consumers

The Nigerian Electricity Regulatory Commission has made a case for electricity consumers who get poor...

Nigerian electricity market operators to assess performance

Nigerian electricity market operators on Tuesday, announced intentions to assess the performance of the Nigerian Electricity...

Increased meter access to attract investors to electricity sector – Expert

Increased meter access for energy consumers, according to management and strategic leadership expert, Biodun Ogunleye, will...

Nigeria loses $29bn annually to poor electricity supply – AfDB

The African Development Bank has stated that Nigeria loses $29 billion yearly owing to inadequate power...

Elektron energy, EKEDP partner to build Lagos power plant 

Elektron Energy has invested $50 million in a 30-megawatt integrated natural gas-fired power station in...

IBEDC to upgrade prepaid meter

By Wilson Adekumola   The Managing Director of Ibadan Electricity Distribution Company Plc. Mr Kingsley...

Only 53% electricity capacity is utilized in Nigeria – NERC

The Nigerian Electricity Regulatory Commission has stated that just 53% of the country’s available electricity capacity is...