The Nigerian Electricity Regulatory Commission (NERC) has said that Niger Republic presently owes Nigeria N4.22 billion ($5.48 million) for the provision of electricity.
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Experts in the electricity sector say they are set to review privatisation of the power sector by deliberating on the challenges and prospects in the last 10 years.
The Electricity distribution companies (DisCos) in Lagos have announced that its proposed Standard Transfer Specification (STS), a metering code, is not targeted toward increasing electricity tarrif.
The African Development Bank (AfDB) Group, has affirmed its commitment to support 900 million dollar multinational power transmission line between Mauritania and Mali, connecting 620,000 people to electricity.
The Board of Directors of the African Development Bank (AfDB) Group, has approved a $7.88 million grant from the Sustainable Energy Fund for Africa (SEFA) for the Africa Energy Transition Catalyst (AETC) Programme.
The Ibadan Electricity Distribution Company (IBEDC) has said that Nigerian Electricity Regulation Commission (NERC) has yet to give a directive on the new electricity tariff earlier scheduled to commence on July 1.
The Abuja Electricity Distribution Company, says that there will be an upward review of electricity tariff from July 1.
ASHENEWS reports that the Abuja Electricity Distribution Company (AEDC) says effective July 1, 2023, electricity tariff in its franchise states of Niger, Kogi, Nasarawa, and the Federal Capital Territory (FCT).
The Manufacturers Association of Nigeria (MAN) has described the plans to increase electricity tariff from July 1 as outrageous.
The National Bureau of Statistics (NBS) says the number of Electricity Distribution Companies (DisCos) customers in Nigeria increased from 11.06 million in Q4 2022 to 11.27 million in Q1 2023.