The Nigerian Electricity Regulatory Commission has disclosed that it has issued 11 new electricity generation licenses. This was disclosed in NERC’s newly released report that details its activities in the first quarter of 2022. The regulator did not reveal the […]

The Chairman of the ECOWAS Regional Electricity Regulatory Authority (ERERA), Kokou Laurent Tossou, has reiterated ERERA’s commitment to protect the interests of investors and participants in the regional power market. Tossou was addressing the Chairman of Sunon Asogli Power Plant, […]

Energy giant, Masdar, has revealed plans to invest in Nigeria as part of its Africa-wide penetration that seeks to boost renewable energy by 20, 000 megawatts in the next 12 years. Masdar had signed three agreements under the umbrella of […]

At 14:00 hours on Sunday, power generation dipped to 916MW with only two out of about 24 power plants in operation. The decline in generation was from 3,787.60MW that 17 power plants produced at 13:00 hours of the same day. […]

Electricity consumers across the country have unanimously kicked against new tariff increase imposed by electricity distribution companies, (DisCos), describing it as compounding the hardship on the masses, especially in the face of current harsh economic realities. LEADERSHIP Sunday reports that […]

As part of an emergency approach to ensure the stability of the country’s grid and power system, the Central Bank of Nigeria  (CBN), is currently providing about N103billion ($250 million) for the rehabilitation of critical interfaces between transmission and distribution […]

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to direct the Minister of Power, Goddy Jedy-Agba and the Chairman/CEO, Nigerian Electricity Regulatory Commission (NERC), Prof. James Momoh to immediately reverse what it termed as the unreasonable […]

Geregu Power Plc, the 19th most traded stock on the Nigerian Stock Exchange over the past three months (Oct 6, 2022 – Jan 6, 2023), has traded a total volume of 159 million shares—in 3,584 deals—valued at NGN 17.4 billion […]

At least 37 Nigerians lost their lives in electricity-related accidents between January and March 2022, a new report by the Nigerian Electricity Regulatory Commission (NERC), has indicated. In all, NERC in the report, noted that the commission received 78 reports […]

The National Union of Electricity Employees (NUEE) has faulted the decision of the Federal Government to inject over N3 trillion into privatised electricity companies owned by individuals in the country. Secretary General of the Union, Joe Ajaero, disclosed this during the […]