NESI
6 Dec
The Nigerian Electricity Regulatory Commission (NERC) has extended the deadline for meter upgrades to January 1, 2025. NERC, in a statement on its official X account on Thursday, warned electricity distribution companies (DisCos) to ensure their customers' meters are upgraded by then or face sanctions. The commission set a new deadline for meter upgrades following…
28 Aug
Market risks arising from the transition of the Nigerian Electricity Supply Industry (NESI) towards a bilateral market may further compound electricity challenges in Nigeria unless concerted efforts are taken.
2 Jun
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.
31 May
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in alignment with the country’s goal of promoting a competitive national electricity market.The EPSRA 2005, now repealed by the Electricity Act (EA) 2023...
7 May
The Nigerian Electricity Regulatory Commission (NERC), yesterday, reduced the tariff for Band A customers by N19, bringing the total end-user bills for about 1.5 million Nigerians to N206.80 Kilowatt per hour (KWh).
7 May
Electricity tariff has just been increased by 240 per cent, although the hike applies only to a small, albeit significant segment of the electricity consuming population.
17 Apr
The Nigerian Electricity Regulatory Commission (NERC), produced a tariff for Nigeria, and the Federal Government, FGN, approved it for implementation, begun on April 4, 2024 when across the country, NERC approved the tariff only for Band A customers
23 Mar
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).
9 Feb
The Nigerian Electricity Regulatory Commission (NERC) has confirmed that it has sanctioned eleven Distribution Companies' (DisCos) due to their non-compliance with capping of estimated bills for unmetered customers.
Latest
4 mins ago
Former presidential spokesman, Garba Shehu, has said former President Muhammadu Buhari now has plenty of time to read and watch his favourite TV shows. Shehu said this in a tribute to celebrate Buhari on his 82nd birthday, praying that the former president be always remembered with honour. He described Buhari as a very different leader…
11 mins ago
Police detectives have reportedly intensified the search for the arrest of Governor Abba Kabir Yusuf's spokesperson, Sanusi Bature Dawakin-Tofa. Family sources told The Guardian that the chairman of All Progressives Congress (APC), Abdullahi Umar Ganduje, petitioned the inspector-general of police for Dawakin-Tofa’s arrest. Sources said the governor’s aide’s trouble with the APC chairman is linked…
28 mins ago
The Lagos Chamber of Commerce and Industry (LCCI) has said that the Federal Government’s reforms, if sustained, have the potentials to pull through critical deliverables for the economy to return to a growth path. This is contained in a statement issued on Tuesday in Lagos by the Director General, LCCI, Dr. Chinyere Almona, in reaction…
38 mins ago
The Federal Road Safety Corps (FRSC) and the Nigerian Police Force (NPF) have agreed to dismantle all police checkpoints on the Delta side
43 mins ago
The President-Elect of Ghana, John Mahama, on Monday, paid a courtesy visit to President Bola Tinubu at the Presidential Villa in Abuja. Photos from the meeting, which also had in attendance First Lady Oluremi Tinubu, were shared on social media by presidential aide, Olusegun Dada. The meeting may not be unconnected to the victory recorded…
43 mins ago
The Patriotic Youth for Better Nigeria (PAYOBEN), on Tuesday, called for the immediate and unconditional release of Bello Badejo
47 mins ago
At least 25 people consisting mostly of women and children, have been abducted by gunmen suspected to be terrorists in Batsari Local Government Area of Katsina State. The incident which occurred late Sunday night at Ajasa community, also saw several homes ransacked by the hoodlums. A resident of the community who asked not to be…
48 mins ago
The Deputy Majority Leader of the House of Representatives, Abdullahi Ibrahim Ali Halims, representing Ankpa/Omala/Olamaboro
1 hour ago
Chelsea said Tuesday they had been notified by the Football Association of an "adverse finding" in a urine sample provided by Ukrainian forward Mykhailo Mudryk.
1 hour ago
The African Development Bank Group (AfDB) says it will construct a new state-of-the-art headquarters building in Abidjan, Côte d’Ivoire. AfDB said this in a statement on Tuesday that the decision was approved by the bank’s Boards of Directors. The bank emphasized the importance of maintaining a strong presence in the country and providing a modern…