electricity bill
1 day ago
Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday signed the Lagos Electricity Bill 2024 into law. The Lagos State Electricity Law 2024 is a comprehensive plan by the state government to address long-standing challenges in the energy sector. The law, according to the state government, will lay a robust foundation for economic growth, fostering industrial…
13 Nov
Delta House of Assembly on Wednesday passed Electricity Power Sector Bill, 2024. The Executive bill was passed after it’s third reading at the plenary in Asaba presided over by the Speaker, Mr Dennis Guwor. The News Agency of Nigeria (NAN) reports that the bill, which was supposed to be considered at the Committee of the…
6 Nov
Wondering why your electricity bill keeps going up each month? Many Nigerians face this challenge, but some everyday habits could be quietly adding to your energy costs. Here’s a look at ten common mistakes that might be draining your wallet and ways to reduce your energy consumption. 1. Keeping appliances plugged in Switching off gadgets…
14 Oct
Nigerian Electricity Regulatory Commission (NERC) has disclosed that international customers failed to settle a $5.79 million electricity bill for the second quarter (Q2) of 2024, a huge drop from the $14.19 million owed for the first quarter of 2024.
25 Jul
The recent public hearing by the Lagos State House of Assembly on the proposed new electricity law for the state could not have come at
23 May
Businesses and organisations including tertiary institutions like University of Benin (UNIBEN) have resorted to load shedding following rise in electricity bills as a result of the recent hike in tariff.
21 May
The electricity bill for the University of Jos has risen from between N20 and N30 million to N80 million, following the recent hike in electricity tariffs, particularly for consumers on Band A. The Vice Chancellor, Prof. Tanko Ishaya, disclosed this on Tuesday, when members of the Academic Staff Union of Universities (ASUU) of the institution,…
Latest
17 mins ago
The Nigerian Air Force (NAF) has trained 97 pilots between January and November 2024, with 54 trained abroad and 43 locally. Additionally, 16 UAV operators were trained locally during the same period. This was disclosed by the Chief of Air Staff (CAS), Air Marshal Hasan Abubakar, during a winging ceremony for newly trained military pilots…
38 mins ago
The management of the Nigerian Railway Corporation (NRC), in compliance with the Federal Government’s directive through the Federal Ministry of Transportation, has announced that the NRC will operate end-of-the-year special train services in commemoration of Christmas and New Year celebrations. In a statement signed by the Deputy Director, Public Relations, NRC, Yakub Mahmood, it was…
45 mins ago
For the second year in a row, Ahmed Ololade, known professionally as Asake, has topped the most-streamed Nigerian artiste on Spotify. In its yearly Spotify Wrapped, Spotify data shows that Asake led the pack, with Seyi Vibez coming second, while Burna Boy and Wizkid came third and fourth, disrupting the top three ‘gang’ in the…
46 mins ago
The South Africa-Nigeria Joint Ministerial Advisory Council on Industry, Trade, and Investment (JMACITI) has been created to strengthen economic cooperation and trade opportunities between Nigeria and South Africa. This was announced by President Cyril Ramaphosa of South Africa on Wednesday at the Nigeria-South Africa Business Roundtable in Cape Town, South Africa. According to Ramaphosa, the…
52 mins ago
The United Kingdom (UK) and Nigeria have agreed to strengthen economic ties through a co-production agreement, facilitating collaboration between film industries in both countries to produce content for domestic and international markets. UK High Commissioner to Nigeria, Richard Montgomery stated this on Wednesday in Abuja at the 80th anniversary of the British Council in Nigeria.…
1 hour ago
The Nigeria Deposit Insurance Corporation (NDIC) has initiated the process of realising the assets and recovering debts from defunct banks to activate payment of uninsured depositors through liquidation dividends. Additionally, the corporation assured compensation for depositors of defunct banks whose balances exceed N5 million. NDIC Managing Director, Mr Bello Hassan, stated this on Wednesday at…
1 hour ago
A lawyer to Nigerian musician Darlington Okoye, known as Speed Darlington, has demanded that his client be granted bail after spending one week in police detention. Darlington's lawyer, Stan Alieke, made the demand on Wednesday in a post he shared on his official Instagram account, adding that his client is entitled to bail. “Today marks…
1 hour ago
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has stressed the urgency of passing the Tax Reforms Bills, stating that they are crucial to addressing the struggles faced by most Nigerians. In an interview with Arise News on Wednesday, Oyedele responded to concerns raised by Borno State Governor, Professor Babagana…
1 hour ago
Oyo State Governor, Mr Seyi Makinde, on Wednesday, pledged his support for Osun State Governor, Ademola Adeleke, ahead of the political challenges in both states, stating that the All Progressives Congress (APC) will not win in Osun and Oyo. Makinde's remarks came after APC National Chairman, Dr. Abdullahi Ganduje, claimed the APC would win in…
1 hour ago
The Central Bank of Nigeria (CBN) has said its Exit Package (EEP) is entirely voluntary and without negative consequences, adding that it has nothing to do with force mass retirement. The Acting Director of Corporate Communications, CBN, Mrs. Hakama Ali, said the EPP was formerly accorded to the executives but is now available to staff…