Month: September 2022

The Nigerian Electricity Market (NEM) is indebted by at least N150billion to generations companies (GenCos) built under the National Integrated Power Projects (NIPP), just as GenCos have the cheapest tariff among the about 24 gas-fired power plants on the national […]

Electricity Distribution Companies (DisCos) in Nigeria received a total of 222,639 complaints from consumers in Quarter 4 of 2021. This is contained in the Nigerian Electricity Regulatory Commission (NERC) Fourth Quarter Report for 2021. The report said that the 222,639 […]

The Nigerian Power sector in addition to the previous business licenses mentioned also has a Power Transmission Licence which is basically a license to engage in electricity transmission services between Power Generating Companies (GENCOs) and Distribution Companies (DISCOs) in Nigeria. […]

The Federal Government says that in order to attain its National Development Plan and improve Nigeria’s economic outlook, it will require N298.3tn capital investment commitment from the private sector. It says the total investment needed between 2021 and 2025 is […]

The fresh move comes on the heels of stalled negotiations between the Federal Government and the National Union of Electricity Employees as the latter threatens to shut down the economy. A source close to the matter, on Thursday, told The […]

The Nigeria Governors Forum (NGF) has called for a three-way collaboration among the Federal, State Governments, and the private sector to provide affordable and reliable energy solutions in Nigeria. This was made known by the Governor of Kaduna State, Mr […]

The Nigerian Electricity Regulatory Commission (NERC) has revealed that electricity consumers paid N210.17 billion to Nigerian electricity distribution companies in the fourth quarter of last year. It disclosed this in its Quarterly Report for Fourth Quarter 2021 released on Thursday, […]

The arrival of FGN Power Company-Presidential Power Initiative, PPI, mega power transformers in Nigeria would deliver additional 96 megawatts, MW to consumers. The transformers, manufactured by Siemens Energy arrived the Lagos Port about a week ago, under the PPI, which […]

As the net-zero carbon emissions ambition of world leaders is accelerating the global shift away from hydrocarbon-based energy sources, $472 billion will be invested in renewable energy in 2022, 44 per cent more than the $326 billion in 2017, a […]

Nigeria’s federal minister of power, Engr. Abubakar D. Aliyu has unveiled four renewable energy policies to foster renewable energy growth in the country. He made the disclosure to power stakeholders during the Nigeria Energy Conference currently holding at Landmark Event […]