The Federal Government has released funds to power distribution companies for the mass deployment of about six million free electricity meters to power consumers nationwide. It was gathered that some senior officials of power distribution companies met with the Central Bank of Nigeria on Tuesday and funds were released forRead More

The Federal Government, has concluded arrangements to invest N198.28 billion (US$519.69 million) on various capital projects in the power sector in different parts of the country in 2021.   The projects is expected to further improve the country’s power generation capacity and distribution efficiency which has for a long timeRead More

President Muhamadu Buhari has appointed three new Executive Directors to join the MD/CEO and other two Executive  Directors of Niger Delta Power Holding Company, NDPHC Limited in steering the affairs of the company and to boost power infrastructure capacity in the country. The three additional Executive Directors appointed are forRead More

Government will also provide a tariff relief package of about N10.20 per kilowatt-hour for certain categories of electricity consumers for the next three months and free distribution of about six million prepaid metres to consumers. The federal government and labour unions have agreed to use proceeds from Value Added TaxRead More

The Federal Government has announced the suspension of new electricity tariffs by another one week. The decision was taken on Sunday in Abuja at the resumed negotiation between the Federal Government and Labour. The revised Terms of Reference (ToR) for the second phase includes review inputs to the MYTO modelRead More

An updated list for the Meter Asset Providers, MAP by the Nigerian Electricity Regulatory Commission, NERC now has just twenty-three firms on it. The document obtained by SweetCrudeReports saw the list that once contained over 100 firms drop to twenty-three. Meter providers who now have licenses to supply meters include: Mojec AssetRead More

The Eko Electricity Distribution Company, EKEDC said it has reverted to the old tariff effective last Monday.   In a statement signed by the General Manager, Corporate Communications of the Company, Godwin Idemudia on Wednesday, he said reverting to the old tariffs followed the agreement reached between the organised labourRead More

  The Management of Ibadan Electricity Distribution Company Plc (IBEDC) congratulates all Nigerians on 60 years anniversary of our existence as an Independent nation and a people. The Chief Operating Officer (COO) of the company Engr. John Ayodele, said the sacrifices and the ideologies of the founding fathers should remainRead More

…Have 4 months to pay or face sanctions Electricity distribution companies in the country (DisCos) have an outstanding N9.96 billion to pay in the Nigeria Electricity Market Stabilisation Facility provided by the Central Bank of Nigeria (CBN). They are expected to repay the balance of N9.96billion in the 10-year tenuredRead More

Nigeria Labour Congress and the Trade Union Congress have suspended the strike earlier scheduled to commence today (Monday). The latest development followed an agreement organised labour reached with the Federal Government at a meeting held on Sunday night into the early hours of today. The strike was suspended after theRead More