POWER & ENERGY

POWER & ENERGY

Electricity Tariff Hike
COVER NEWSLETTER POWER & ENERGY

The Nigerian House of Representatives has directed the country’s Electricity Regulatory Commission, NERC, to immediately halt the planned increase in electricity tariff until relevant stakeholders are properly consulted ...
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Electricity Tariff Hike
COVER NEWSLETTER POWER & ENERGY

The Nigerian Electricity Regulatory Commission (NERC) yesterday announced a N244,844,000,000 revenue requirement in 2020 for the Transmission Company of Nigeria (TCN) Plc It also forecast a N109,389,000,000 allowed ...
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Nigeria
COVER NEWSLETTER POWER & ENERGY

Nigeria, alongside other Sub-Saharan African countries, has secured $20 million investment in the Metier Sustainable Capital International Fund II from the African Development Bank (AfDB). Purpose of the funds: The funds ...
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Electricity Tariff Hike
COVER NEWSLETTER POWER & ENERGY

The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in electricity tariff by the 11 Electricity Distribution Companies (DisCos) in the country. The directive on the new ...
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N50 PoS Charge
COVER NEWSLETTER POWER & ENERGY

The federal government has ordered electricity distribution companies (DisCos) to adopt electronic platforms for the payment of energy bills across the country. The Nigerian Electricity Regulatory Commission (NERC) ...
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Triton Solar
COVER NEWSLETTER POWER & ENERGY

United States-based manufacturer of solar panel, lighting and batteries, Triton Solar has announced that it would be investing $300 million or more in Nigeria. The company’s Managing Partner, Global Head ...
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Electricity Tariff
COVER NEWSLETTER POWER & ENERGY

Nigerians will start paying more on electricity supply as the Federal Government plans to boost power supply. The Minister of Power, Saleh Mamman, said the hike was inevitable due to ...
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TCN
COVER NEWSLETTER POWER & ENERGY

The Transmission Company of Nigeria (TCN) has asked its international electricity customers to pay $9 million outstanding power bills. Speaking in Abuja, Usman Mohammed, managing director of TCN, ...
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Electricity Workers Set to Embark on Nationwide Strike
COVER POWER & ENERGY

Following the expiration of the 21 days ultimatum issued by the National Union of Electricity Employees (NUEE) to the Minister of Power, Saleh Mamman, to implement their demands, ...
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Electricity Tariff
COVER NEWSLETTER POWER & ENERGY

The Federal Government will start disbursing N600 billion to key operators in the power sector very soon. This is according to the Niger Delta Power Holding Company (NDPHC) as ...
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FG Set to Take over Yola DisCo
COVER NEWSLETTER POWER & ENERGY

The Federal Government of Nigeria is set to take over Yola Electricity Distribution Company (Yola DisCo), as the Nigerian Senate approved the sum of N26.9 billion as a refund for ...
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Nigeria
COVER NEWSLETTER POWER & ENERGY

The board of the African Development Bank (AfDB) has approved $210 million for the Transmission Company of Nigeria (TCN) to build new electricity transmission infrastructure in the North-west, ...
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Buhari
COVER NEWSLETTER POWER & ENERGY

President Muhammadu Buhari has called for strong, effective and proactive regulation of the electricity market across member states of the Economic Community of West African States (ECOWAS) by ...
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Mini-grid Solutions
COVER NEWSLETTER POWER & ENERGY

A new report has stated that electricity distribution companies (Discos) in Nigeria can make annual savings of between $30 and $60 million by using mini-grid solutions to supply ...
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Gencos Threaten to Shutdown Power Supply
COVER NEWSLETTER POWER & ENERGY

Nigeria, Guinea have cheapest power tariffs in W’Africa, says report Blackout is looming across the country as the electricity generation companies (Gencos) yesterday threatened to shut down power ...
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NNPC
COVER NEWSLETTER POWER & ENERGY

The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have concluded arrangements to sign a 1.16 million dollar grant as part funding ...
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Federal Government
COVER POWER & ENERGY

N220.4bn privatization proceeds to support 2019 Budget The federal government is to divest from the 10 newly-constructed gas-powered National Integrated Power Projects (NIPPs) located across the country, the ...
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Electricity Tariff Hike
COVER NEWSLETTER POWER & ENERGY

NERC threatens directors with jail terms for false filings In line with its ongoing scrutiny of the operations of electricity distributions companies (Discos), the Nigerian Electricity Regulatory Commission ...
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Mambilla Power Project
COVER NEWSLETTER POWER & ENERGY

The Chinese government has asked the federal government to settle the legal dispute over the $5.8 billion Mambilla power project or it would not provide funds for the ...
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Azura-Edo IPP
COVER NEWSLETTER POWER & ENERGY

Nigeria’s penchant for signing agreements that end up putting the country on the back foot continues to haunt the federal government as another power deal wobbles. There is ...
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