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NBET

29 Nov
The Office of the Auditor General for the Federation (OAuGF) has uncovered over N3.203 trillion in financial infractions involving
AEDC
13 Sep 2024
Transition of the electricity industry in Nigeria to a bilateral market may face setbacks as the Nigerian Bulk Electricity Trading Company (NBET), yesterday, in Abuja asked for a five-year licence renewal.
6 Jun 2024
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 to the national grid in March 2024.
31 May 2024
The Nigerian electricity landscape has been undergoing significant transformations in alignment with the country’s goal of promoting a competitive national electricity market.The EPSRA 2005, now repealed by the Electricity Act (EA) 2023...
NERC
30 May 2024
The Nigerian Electricity Regulatory Commission (NERC) has appealed to the Federal Government to address the persistent issue of non-payment and rising debts within the power sector, particularly from international customers. NERC, in its latest report for the fourth quarter of 2023, disclosed that 11 electricity Distribution Companies (DisCos) and four international customers failed to remit…
29 May 2024
The Nigerian electricity landscape has been undergoing significant transformations in alignment with the country’s goal of promoting a competitive national electricity market.
Transcorp Plc has said its operating expenses increased by 50 per cent to N21.2 billion in the first half (H1) of 2024
28 May 2024
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).

Latest

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Enugu State Government has flagged off the state malaria elimination initiative with free testing and treatment as part of malaria elimination interventions by the Governor Peter Mbah administration. The programme which was organised in collaboration with the National Malaria Elimination Programme (NMEP) and excellence community education welfare scheme (ECEWS), with support from the Islamic Development…
27 mins ago
The Joint Admissions and Matriculation Board (JAMB) has said the 2025 UTME-Mock Notification Slip is now available for printing for candidates who registered to participate in the optional UTME-Mock exercise. The Guardian reports that the UTME-Mock Examination is scheduled for Thursday, April 10, while the main examination commences on Friday, April 25, 2025. JAMB's Public…
31 mins ago
The Peoples Democratic Party (PDP), Edo State Chapter on Thursday completely disagreed with the decision of Edo State Election Petition Tribunal. The PDP said without any doubt, its candidate, Asuerinme Ighodalo, won the the September 21st Governorship election and should be declared winner. The position of the Edo PDP is coming after the Edo State…
43 mins ago
The incessant communal clashes between communities in Cross River and Ebonyi states will soon be a thing of the past as the Government of
58 mins ago
The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has apologised to Lagosians over the severe traffic situation experienced on Wednesday and Thursday morning due to repair works on the Independence Bridge in the state. Sanwo-Olu tendered the apology on Thursday while on an inspection visit at the bridge to see the work being done by…
1 hour ago
The President-General of the Igbo Community Association (ICA), FCT, Engr. Ikenna Ellis-Ezenekwe, has revealed that Nnamdi Kanu is optimistic
2 hours ago
The Lagos State Building Control Agency (LASBCA) has commenced the removal of illegal structures across the state following the expiration of the amnesty period granted by the State Governor, Mr. Babajide Olusola Sanwo-Olu. In a statement made available to newsmen, the agency said the exercise began in Ogudu GRAW, where its officials enforced compliance with…
2 hours ago
The Lagos State branch of Abia Think Tank Association has urged Abia State Governor Dr. Alex Otti, to prioritize accountability, transparency, tolerance, and inclusiveness among the people of the state for progress. Its President General, Mazi Sam Ohuabunwa, noted this at its stakeholders meeting in Lagos, adding that the government needs to encourage citizenship participation…
3 hours ago
The Cross River State Government has endorsed Awade Jacob Awade, aka Awaade of Lagos on his ongoing attempt to break the Guinness World Record
3 hours ago
The Civil Society Organization under the umbrella of the Coalition of Zamfara Youths, on Wednesday, faulted Governor Dauda Lawal for removing 2,363 workers from the state's payroll, calling the action unjust and detrimental to security in the region. The group described the move as "the height of wickedness" and warned that it could worsen insecurity…