Ikeja Electric
29 Nov
The Senate has announced plans to draft legislation aimed at imposing stricter penalties for power theft. The Senate Committee on Privatisation highlighted power theft, ageing infrastructure, and persistent grid collapses
7 Nov
The national grid has suffered yet another collapse, plunging the county into darkness. Checks revealed that the grid collapsed around 11:28 am on Thursday, which is the second this week and the 10th in 2024.
A check on Independent System Operator, an autonomous arm of the Transmission Company of Nigeria (TCN) showed all power plants…
2 Nov
Folake Soetan is the Chief Executive Officer, Ikeja Electric, sub-Saharan Africa’s largest electricity distribution network.
18 Oct
The All Electricity Consumer Protection Forum (AECPF) has urged the Ikeja Electric and Eko Electricity Distribution Company (EKEDC) to suspend the decommissioning of electricity meters.
18 Oct
Chief Executive Officer, Ikeja Electric, Folake Soetan, has identified stable power supply as a key factor in attracting foreign investors into the country.
3 Jun 2024
Electricity distribution company (DisCo), Ikeja Electric (IE), has announced the approval and addition of 24 Band A feeders to its network. The DisCo said the development comes after it demonstrated its ability to consistently provide a minimum of 20 hours of daily availability during a performance evaluation period monitored by the regulator. "We are pleased…
26 May 2024
Residents of Oba Ogo Community Development Association in Ijedodo, Iba Local Community Development Association (LCDA) of Lagos, have staged a protest to the office of Ikeja Electric Plc following two and a half months of power failure.
8 May 2024
The Ikeja Electric Distribution Company (IE) has announced a significant reduction in electricity tariffs for customers under the Band A category. The DisCo, in a circular on Monday, said customers in this category will now pay N206.80/kWh, down from the previous rate of N225/kWh as stipulated by the Nigeria Electricity Regulatory Commission (NERC) from May…
6 May 2024
The Nigerian Electricity Regulatory Commission (NERC) has revealed why electricity distribution companies (Discos) were ordered to reduce the tariff for Band A feeders. The eleven Discos on Monday announced the reduction of the cost of electricity tariff on Band A feeders from NGN225/kWh to NGN206.8/kWh. The management of NERC in a statement disclosed the reason…
6 May 2024
Ikeja Electric Plc, an electricity distribution company, has approved 19 additional Band A feeders for its network. The expansion comes after Ikeja Electric announced a decrease in electricity tariffs for customers on Band A feeders. The management disclosed this in a statement on Monday, saying that the downward tariff will be effective on Monday, May…
6 May 2024
The Nigerian Electricity Regulatory Commission (NERC) has approved the upgrade of an additional 19 feeders from Band B to Band A for Ikeja Electricity Distribution Company. The management of Ikeja Electric confirmed this development on Monday in a post on its X handle. "Premised on our demonstrated ability to consistently provide a minimum of 20…
13 Apr 2024
The Nigerian Electricity Regulatory Commission (NERC) has approved the upgrade of an additional 34 feeders from Band B to Band A for Ikeja Electricity Distribution Company in Lagos State. NERC last week approved an increase in the electricity tariff for customers under the Band A classification. READ ALSO: List of Lagos areas on Band A…
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