Category: Electricity

Atiku slams Tinubu’s ₦4trn power sector bond plan

Former Vice President Atiku Abubakar has criticised the Federal Government’s plan to raise a N4...

Nigeria targets 209,000MW power capacity with $11bn solar projects

Nigeria is targeting a major expansion of its electricity generation capacity, with plans to achieve...

AEDC announces blackout in Abuja, Nasarawa over transmission line fault

The Abuja Electricity Distribution Company has announced an electricity outage in parts of the Federal...

Jos DisCo debunks claims of higher electricity tariffs

Jos Electricity Distribution Plc has dismissed reports alleging that customers within its franchise area pay...

Constant blackouts cost Nigeria 10% of GDP annually — Report

Constant blackouts and inadequate grid supply are costing Nigeria approximately ten per cent of its...

NERC approves power supply shortfall compensation for ‘Band A’ customers

The Nigerian Electricity Regulatory Commission has approved a special compensation package for eligible Band A...

NERC to pay customers selling excess solar power to national grid

The Nigerian Electricity Regulatory Commission has introduced a new billing framework that will enable electricity...

Vandals destroy six transmission towers, disrupt power supply nationwide

Power supply has been disrupted in parts of Nigeria following the destruction of six transmission...

DisCos generate nearly ₦600bn revenue in Q1 despite power shortages

Electricity Distribution Companies in Nigeria generated approximately N600bn in revenue during the first quarter of...

Anambra signs four electricity laws to boost supply

The Anambra State Electricity Regulatory Commission has announced that four new regulatory bills have been...

Power outages cost Nigerian firms 3% annual sales — AfDB

Power outages are costing Nigerian businesses an estimated three per cent of their annual sales,...

Obi pledges 10,000 MW power increase in four years if elected

Peter Obi has pledged to increase Nigeria’s electricity generation and distribution capacity by at least...