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Power
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Federal Government threatens to withdraw license of DisCos over poor power supply
The Federal Government has issued marching orders to its agencies regulating the power sector, directing the Nigerian Electricity Regulatory Commission, NERC, to withdraw licenses of non-performing electricity distribution companies, DisCos.
Electricity: Nigeria to generate 6,000 megawatts in six months
Minister of Power, Adebayo Adelabu says the Federal Government has set the target of generating 6,000 megawatts of electric power in the next six months.
TCN announces system sabotage on Shiroro-Katampe Line
The Transmission Company of Nigeria (TCN) has announced that one of its critical infrastructures, the Shiroro-Katampe 330kV transmission line, has been vandalised, making it the fifth such incident within February and March of this year.
Minister summons DisCos, TCN over worsening power situation
Minister of Power, Adebayo Adelabu has summoned chief executive officers of two Electricity Distribution Companies (DisCos) to a meeting to hold in the coming week over worsening supply situations in their regions.
President Tinubu appoints Executive Directors for Transmission Company of Nigeria
President Bola Tinubu on Friday appointed new Executive Directors for the Transmission Company of Nigeria (TCN) for a renewable term of four years.
Electricity: FG pays over $120m to offset gas debts
The Federal Government says it has paid $120m out of the $1.3bn owed gas firms for the supply of gas for the running of power plants in Nigeria.
Consumers owing GenCos N1.3trn, says Power Minister
The Minister of Power, Adebayo Adelabu, says Nigeria cannot continue to subsidise electricity, adding that the nation must begin to move towards a cost-effective tariff model, as the consumers is currently indebted to the tune of N1.3 trillion to Generating Companies (GenCos).
DisCos to pay consumers N10.5b over estimated billing
The Nigerian Electricity Regulatory Commission (NERC) will deduct N10.5 billion from the accounts of the 11 Distribution Companies (DisCos) operating in the country over arbitrary billing of unmetered customers.
Electricity Regulatory Commission sanctions 11 DisCos over non-compliance
The Nigerian Electricity Regulatory Commission (NERC) has confirmed that it has sanctioned eleven Distribution Companies’ (DisCos) due to their non-compliance with capping of estimated bills for unmetered customers.
President Tinubu signs electricity act amendment bill into law
President Bola Ahmed Tinubu has signed the Electricity Act (Amendment) Bill, 2024, into law.