Blackout as electricity union shuts power stations
The National Union of Electricity Employees on Wednesday shut down major power stations over “contravention of workers’ conditions and default on the…
Electricity
Electricity news and updates
Power intervention fund hits N2.9trn
The Federal Government’s intervention fund for electricity distribution companies has increased to N2.9 trillion. According to The PUNCH, the fund which moved…
Power supply to increase by 2,000MW – Official
An industry official has revealed that power supply is expected to increase by 2000 megawatts, thereby increasing supplies to homes and businesses…
FG owes N100bn electricity subsidy – Discos
Electricity distribution companies have said that the Federal Government had failed to pay the N100bn subsidy on electricity since the privatisation of…
Blackout as national grid collapses again
Nigeria’s power grid collapsed again on Wednesday, making it the sixth time that the system had crashed in 2022. The grid crashed…
Blackout: Delta court orders disco to pay N20m damages
The Benin Electricity Development Company has been ordered to pay a sum of N20 million as damages to the Edjemuonyavwe community in…
Discos to fight FG over takeover, restructuring
The receiver/manager’s nominee of Integrated Energy Distribution and Marketing Company has kicked against the Federal Government’s takeover and restricting plans. According to…
Fidelity Bank takes over Kano, Benin, Kaduna Discos
Fidelity Bank Plc has taken over Kano, Benin and Kaduna electricity distribution companies after the bank initiated action to take over the…
Consumers kick as DisCos’payment to Gencos drop by 50%
Electricity distribution companies’ payment to generation companies for electricity generation has dropped by 50 per cent. According to industry data, DisCos were unable…
92 million Nigerians lack access to electricity – Report
Nigeria has the lowest access to electricity globally, with about 92 million persons out of the country’s 200 million population lacking access…
FG suspends N500bn electricity subsidy, tariff surge by 58%
Findings have shown that electricity tariffs increased by 58 per cent after the Federal Government yanked off a yearly subsidy of N500bn…
FG trains Egyptian, Ghanaian electricity workers
The National Power Training Institute of Nigeria, an agency of the Federal Government, has been contracted to train employees of the Egyptian…