President Bola Ahmed Tinubu, on Friday, declared that despite the nation’s current rate of energy supply, his administration is poised to address all the obstacles militating against stable electricity supply in the country.
Suspense over planned electricity tariff hike, consumers experience vending challenges amid panic buying
There is apprehension in the country over the planned introduction of a new electricity tariff regime, which is expected to take off today, 1st July 2023.
Some prepaid electricity consumers of the Ikeja Electricity Distribution Company (Ikeja DisCo) have been thrown into darkness for days over their inability to recharge.
The electricity sector was thrown into confusion, on Monday, as distribution companies (DisCos) indicated electricity tariff could increase to about N300 per kilowatt in July.
President Bola Tinubu, on Friday, assented to the electricity bill passed in July 2022 seeking to repeal the Electricity and Power Sector Reform Act, 2005. It becomes the Electricity Act, 2023
Lagos State Governor, Mr. Babajide Sanwo-Olu, has expressed his administration's readiness to partner with would-be investors and distribution companies (DisCos) on sustainable power in the State.
In line with the desire of the State Government to ensure effective coordination of energy resources that will keep the Lagos economy on the path of growth, the Lagos State Electricity Board (LSEB) has held a two-day strategic retreat for members of staff of the Agency.