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Electricity - Page 2

Nigerian Govt Incurs ₦464.12bn Electricity Subsidy Obligation
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Gas Problem In Nigeria’s Electricity Sector

Gas shortage is a major problem in Nigeria’s energy sector, particularly in electricity generation. A recent report by the National Electricity Regulatory Commission (NERC) says that more than 70% of electricity generation companies in Nigeria rely on gas for their production and
October 15, 2024
Meter Installation By DisCos Drops by 60% In Q2, 2024 - Report
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Meter Installation By DisCos Drops by 60% – Report 

The installation of meters by power distribution companies (DisCos) decreased by 60.86% in the second quarter of 2024. This is according to the latest quarterly report by the Nigeria Electricity Regulatory Commission (NERC). The NERC report for the second quarter of 2024
October 12, 2024
Nigeria’s power generation has risen to 5,313 Mega Watts (MW), first time in three years, says the Minister of Power, Bayo Adelabu.

TCN Restores Power Grid

The Transmission Company of Nigeria (TCN) says it has successfully restored the national power grid. A statement by the TCN General Manager, Corporate Affairs, Ndidiamaka Mbah, said the grid collapse which occured around 4pm on Thursday, 28 March was due to a
March 31, 2024
NERC Seeks Decentralization Of Electricity Regulation 
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NERC Seeks Decentralization Of Electricity Regulation 

The Nigerian Electricity Regulatory Commission (NERC) has taken a step towards decentralizing power regulation, following the implementation of the new Electricity Act 2023. The Act, signed by President Bola Tinubu in June 2023, shifts the control of electricity generation and regulation to
January 23, 2024
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