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Bands classification, approved FX rate — inside NERC’s electricity tariff review

    Bands classification, approved FX rate — inside NERC’s electricity tariff review

On April 3, the federal government approved an increase in electricity tariff for customers under the Band A classification. Musliu Oseni, vice-chairman, Nigerian Electricity Regulatory Commission (NERC), said customers under

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Adelabu: Power plants operating below capacity due to low gas supply, unpaid debts

    Adelabu: Power plants operating below capacity due to low gas supply, unpaid debts

Adebayo Adelabu, minister of power, says unpaid debts and low gas supply are some factors preventing power plants from operating at full capacity. Adelabu spoke on Wednesday when he visited

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NNPC’s financial statement, Lagos airline… 7 business stories to track this week

    NNPC’s financial statement, Lagos airline… 7 business stories to track this week

Here are the seven top business stories you need to track this week — January 29 to February 2. NNPC RELEASES 2022 AUDITED FINANCIAL STATEMENT, REPORTS N8.8TRN REVENUE The Nigerian

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Tinubu concerned about undercapitalisation in power sector, says privatisation objectives unmet

    Tinubu concerned about undercapitalisation in power sector, says privatisation objectives unmet

President Bola Tinubu has expressed concerns about the dwindling investment in the power sector despite its privatisation, saying more needs to be done to meet Nigeria’s electricity demand. According to

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NERC licenses 17 power distribution networks, seeks unbundling of system operations

  NERC licenses 17 power distribution networks, seeks unbundling of system operations

The Nigeria Electricity Regulatory Commission (NERC) says it licensed 17 independent electricity distribution network (IEDN) providers at the end of

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NDPHC: We’re working with DisCos to clear bottlenecks in power supply

  NDPHC: We’re working with DisCos to clear bottlenecks in power supply

The Niger Delta Power Holding Company (NDPHC) says it is working with electricity distribution companies (DisCos) to address power supply

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TCN threatens to disconnect DisCos, GenCos over non-compliance with market rules

  TCN threatens to disconnect DisCos, GenCos over non-compliance with market rules

The Transmission Company of Nigeria (TCN) says it will sanction erring electricity companies over non-compliance with the market rules. In

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Newspaper Headlines: Gunmen kidnap 13, kill primary school teacher in Abuja

  Newspaper Headlines: Gunmen kidnap 13, kill primary school teacher in Abuja

The national dailies touched on Buhari’s call for forgiveness from Nigerians over any hurt, and the tussle for the position

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‘We are owed N1.75trn’ — GenCos lament poor remittances for electricity consumed

  ‘We are owed N1.75trn’ — GenCos lament poor remittances for electricity consumed

The association of power generation companies (APGC) says members are owed N1.75 trillion for power generated for the electricity market

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Zainab Ahmed: FG’s N1.3trn electricity intervention fund didn’t produce significant result

  Zainab Ahmed: FG’s N1.3trn electricity intervention fund didn’t produce significant result

Zainab Ahmed, minister of finance, budget and planning, says the N1.3 trillion intervention fund the federal government provided for the

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