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Tag "Power sector"

Customers to pay more as NERC approves new electricity tariff (updated)

    Customers to pay more as NERC approves new electricity tariff (updated)

The Nigerian Electricity Regulatory Commission (NERC) has approved new energy tariff for the electricity distribution companies (DisCos) in the country. The commission made this known on Wednesday in a series

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Calabar residents to get 24-hour electricity on completion of 23MW power plant

    Calabar residents to get 24-hour electricity on completion of 23MW power plant

Residents of Calabar, the Cross River state capital, can now expect to get 24-hour electricity. Unveiling a newly-completed 23 megawatts (MW) power plant during the weekend, Ben Ayade, governor of

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DisCos reject move by FG to take over power firms

    DisCos reject move by FG to take over power firms

The Association of Nigerian Electricity Distributors (ANED) has rejected reported plans by the federal government to repossess the distribution companies (DisCos). It had earlier been reported that the government is

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Osinbajo: It’s impossible to satisfy Nigeria’s power demands from national grid alone

    Osinbajo: It’s impossible to satisfy Nigeria’s power demands from national grid alone

Vice President Yemi Osibanjo says the country’s power needs cannot be satisfied with the electricity generated from the national grid. Speaking at the commissioning of the Niger Delta Power Holding

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FG considering taking over DisCos from ‘failed investors’

  FG considering taking over DisCos from ‘failed investors’

Four months to the performance review of the electricity distribution companies (DisCos), the federal government has described the core investors

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Senate wants FG’s 40% share in DisCos sold to foreign investors

  Senate wants FG’s 40% share in DisCos sold to foreign investors

The senate has advised the federal government to divest its 40% stake in electricity distribution companies (DisCos) to foreign investors.

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Sam Amadi: Power sector privatisation was designed to fail

  Sam Amadi: Power sector privatisation was designed to fail

Sam Amadi, former chairman of the Nigerian Electricity Regulatory Commission (NERC), says the privatisation of the power sector was designed

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Dangote: Power sector hindering Nigeria’s economic growth

  Dangote: Power sector hindering Nigeria’s economic growth

Aliko Dangote, president of Dangote group, says the poor performance of the country’s power sector is hindering growth of the

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Fashola: NERC can revoke licences of non-performing DisCos

  Fashola: NERC can revoke licences of non-performing DisCos

Babatunde Fashola, minister of power, works and housing, says the Nigerian Electricity Regulatory Commission (NERC) has the power to revoke

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Power sector recorded ‘N108bn shortfall’ within three months

  Power sector recorded ‘N108bn shortfall’ within three months

The power sector recorded a shortfall of N108.652 billion between January and March, according to recent data from the advisory

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