Power crisis deepens as GenCos receive 4.7% of invoiced amount
The liquidity crisis in the Nigerian power sector has worsened with generation companies (GenCos) receiving 4.68 per of their monthly i
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Manufacturers groan over lingering eligible customers’ policy review
Stakeholders in the electricity sector insisted that manufacturers, who have investments in constructing transmission and distribution infrastructure, will be the worst losers if the Nigerian Electricity Regulatory Commission (NERC) enforces its new
GenCos receive 4.6% of outstanding debts as financial crisis worsens
The financial crisis facing Nigerian Electricity Supply Industry (NESI) has worsened following the payment of a paltry 4.68 per cent of invoices sent in by power Generation Companies (GenCos) for power supplied
Nationwide blackout looms as GenCos threaten shutdown over N2trn debt
The Power Generation Companies (GenCos), have appealed to the Federal Government to settle electricity debts owned them for electricity generation to enable them remain in business.
N2 trillion debt may cripple power sector, Elumelu warns
The epileptic power supply in the country has been attributed to the inability of the Electricity Trading PLC (NBET) to settle over N2 trillion owed to power generation companies (Gencos).
Electricity Supply: Households groan as DisCos struggle to power ‘premium customers’
Over 11.5 million electricity households and customers in Nigeria, who account for about 85 per cent of grid-connected electricity, have been thrown into darkness as the electricity supply industry moves to implement
Electricity Crisis in Nigeria: The keys to improved service delivery
The electricity crisis in Nigeria has defied various attempts at solving the problem and giving Nigerians the benefits of enjoying stable electricity and a good quality of life for more than half
FG should rethink 5% host community fund in new electricity act
The passage of the Electricity Act 2023, followed by its amendment via the 2024 Amendment Bill, signifies significant progress in the Nigerian Electricity Supply Industry (NESI).
IBEDC laments vandalism, theft of electricity infrastructure in franchise areas
The Management of Ibadan Electricity Distribution Company (IBEDC) has lamented vandalism and theft of electricity infrastructure in its franchise areas.
IBEDC laments vandalism, theft of electricity infrastructure in franchise areas
The Management of Ibadan Electricity Distribution Company (IBEDC) has lamented vandalism and theft of electricity infrastructure in its franchise areas.
DisCos, GenCos face licence revocation as power crashes to 2,664MW
Nigeria's 11 electricity Distribution Companies (DisCos) and Generation Companies (GenCos) may face licence revocation over poor power supply, Minister of Power, Adebayo Adelabu, has threatened yesterday.