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Power
Uncertainty over electricity tariffs leaves many in the dark
The inability of the Nigerian power sector to stick to a coherent strategy in electricity pricing has become a sore point for many, as it distorts the market and could deter investors…
Suspended tariff: Power Minister to give an update today
Mamman Saleh the Minister of Power is expected to announce government's next official move over the suspended tariff hike on Tuesday, as discussions with labour were finalised end of…
Even you can afford renewable energy solution
With over one billion people worldwide living without access to electricity and a further billion with erratic supply, it is critical now as never before to find a solution to improving…
The Mambilla hydropower project: The journey so far
The journey to construct Nigeria’s largest hydropower project started in 1972. However, this journey has been in fits and starts. At inception, the hydropower project was to generate 2,600…
Service-based tariff delivers a pile of money in Nigeria’s troubled power sector
Nigeria’s 11 power distribution companies (DisCos) collected N56.1 billion in December, the highest ever, on the back of the newly introduced service-based tariff, a development that is…
Adequate oversight of DisCos will reduce consumer opposition to tariff increase…
Analysts say that one way to reduce widespread anger over tariff increase, the Nigerian Electricity Regulatory Commission (NERC) should provide adequate oversight of the activities of DisCos…
Globeleq expands into Nigeria’s power sector with acquisition of 74% stake in CPGNL…
Globeleq, an independent power generation company, has announced that it has acquired a 74-percent majority stake in an existing Nigerian power business called CPGNL Limited.
As a result of…
DisCos’ collections hit N56.1bn in December, highest ever
After a troubling performance in the first nine months of 2020, where remittance averaged N45 billion monthly, electricity distribution companies (DisCos) improved collections in December,…
FG gave investors license to meter Nigerians, the plan is failing
To solve the problem of estimated billing, the electricity sector regulator, the Nigerian Electricity Regulatory Commission (NERC) granted licenses to third-party investors to provide…
FG delivers only 16,000 out of promised 1million free meters
The Federal Government of Nigeria has delivered a paltry 16,308 meters out of the 1 million free meters it promised Nigerians, three months after the programme started.
In October, the…