Energy

Consumers pay N1.2trn for electricity in six months — NERC

Consumers pay N1.2trn for electricity in six months — NERC

By Obas Esiedesa, Abuja Electricity consumers across Nigeria paid about N1.2 trillion for power consumed in the first six months of 2026, according to data released by the Nigerian Electricity Regulatory Commission (NERC). The figure represents revenues collected by the 11 electricity Distribution Companies (DisCos), based on NERC’s monthly commercial performance reports between January and […]
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Afam Power pleads with NBET over N1bn debt

Afam Power pleads with NBET over N1bn debt

THE management of the Afam Power PLC has appealed to Nigerian Bulk Electricity Trading, NBET PLC to pay up over N1 billion debt owed it for power generation, lamenting that the company is currently facing huge liquidity challenge.