The Nigerian Electricity Regulatory Commission, NERC, has approved an increase of electricity tariff to N225 ($0.15) per kilowatt-hour from N68. This is a 300 percent hike and takes effect from April 1, 2024. However, it will be for urban consumers,…
To distribute 20,000MW, Discos need $4bn investment by 2021- TCN (ThisDay)
The Transmission Company of Nigeria (TCN) has said that electricity distribution companies (Discos) would have to invest about $4 billion over the next three years to be able to match its ongoing expansion of the national grid to take up…
7 conditions Nigeria FG must meet to avoid ‘total darkness’ in country- Gencos
Power generation companies (Gencos) in Nigeria have listed six conditions that must be met by the federal government or they shut down their operations. The conditions listed below are coming after the distribution companies (Discos) kicked against the FG’s selection…
Fashola: Executive, Legislators will end Discos’ estimated Electricity Bills (ThisDay)
The Minister of Power, Works and Housing, Mr. Babatunde Fashola, on Monday disclosed that the executive arm of government would in collaboration with the federal legislatures push to end the practice of estimated billing of consumers by the 11 electricity…
