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 […]
NERC demands review of gas pricing for GENCOs
THE Nigeria Electricity Regulatory Commission, NERC has told the federal government to review the pricing of gas from dollar denomination to local currency to help generation companies, GENCOs stay in business.
Oil, Gas to add 60% of global energy mix supplies
EXXONMOBIL Corporation, an international oil and gas company, has forecast that oil and natural gas will form 60 percent of global energy supplies in 2040, while nuclear energy and renewables will grow about 50 percent and be approaching a 25 percent share of the world’s energy mix.
Six convicted for vandalising EEDC facilities
SIX accused persons were convicted for acts of sabotage ranging from illegal installation of pre-paid meter and vandalisation of various distribution substations belonging to the Enugu Electricity Distribution Company (EEDC).
Electricity: Landlords, Ikeja Electric biker over wire re-routing
WHILE many Nigerians are complaining of the irregular electricity supply that has characterized the power sector, some landlords at Abule-Egba, a suburb of Lagos, are faced with additional trouble – the re-routing of high tension wires over their properties by Ikeja Electric, IE.
Devts in energy sector to determine 2017 inflation, economy – FSDH Outlook
FIRST Securities Discount House (FSDH) Merchant Bank Limited said that the outlook of inflation rate in Nigeria is dependent on what happens to electricity tariff and price of the Petroleum Motor Sprit (PMS).
