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

Ikeja Electric Plc has commenced implementation of the revised Service Reflective Tariff, SRT as approved by the Nigerian Electricity Regulatory Commission, NERC. Implementation takes effect from November 1, 2020. The revision was further to the consultative review meetings held between the federal government, labour unions, and other stakeholders following concernsRead More

The Ibadan Electricity Distribution Company Plc (IBEDC) said it has begun the implementation of the revised service-based reflective tariff as approved by the Nigerian Electricity Regulatory Commission (NERC). The new tariff is effective from 1st November 2020. In a statement by the Head Branding and Corporate Communications, Angela Olanrewaju, theRead 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

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

Chairman, Nigerian Electricity Regulatory Commission, NERC, Prof. James Momoh was on Sunday, inducted in the United States National Academy of Engineering, NAE. As announced by announced NAE President, John L. Anderson, Prof. Momoh was the only Sub-Saharan African on the 2020 list comprising of 86 new members and 18 internationalRead More

16 power plants in Nigeria saw an increase in their output on Sunday, crashing the number of idle plants in Africa’s most populous nation to nine and surging the generation by 979.2 megawatts to 4,312.1 megawatts. Nigeria has an estimated population of 200 million. As at 6am on Saturday, powerRead 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