Under thenew directive by NERC, DisCos are now required to establish direct contracts with power Generation Companies GenCos, bypassing the government-owned Nigerian Bulk Electricity Trading Company (NBET).
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The Minister of Power, Mr Adebayo Adelabu says the Federal Government requires 10 billion dollars investment yearly, to revive the…
To enhance power supply, the Nigerian government plans to boost electricity generation capacity from 4,000 to 6,000 megawatts in three…
The Nigerian government has threatened it would revoke licenses of power Distribution Companies (DisCos) owing to the ongoing outrages across…
The Electricity Distribution Companies (DisCos)’s unwillingness to offtake available 4,724.76MW power in January and February 2024, left the Generating Companies…
President Bola Tinubu, on Friday, signed the Electricity Act (Amendment) Bill 2024 into law. The bill, which was passed by both the House of Representatives and the Senate in 2023, was sponsored by Hon. Babajide Benson of Ikorodu constituency of Lagos State.
The Chairman, Nigerian Electricity Regulatory Commission (NERC), Sanusi Garba says the commission has not approved any new tariff rate review…
The Electricity Power Generation Companies (GenCos) have called on stakeholders in the power sector to come together to resolve the…
The decades of appalling performance of the Nigerian Electricity Supply Industry (NESI) have left many Nigerians wondering if NESI could…
The decades of appalling performance of the Nigerian Electricity Supply Industry (NESI) have left many Nigerians wondering if NESI could…