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 […]
NNPC to collaborate with new Shell MD to reposition sector
The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Dr. Joseph Dawha, has expressed the readiness of the Corporation to work in harmony with the newly appointed Managing Director, Shell Petroleum Development Company of Nigeria, SPDC, Mr. Osagie Okunbor.
FG to provide one million meters to consumers
The Minister of Power, Prof. Chinedu Nebo, has revealed that the Federal Government has concluded arrangement to facilitate the provision over one million meters to the electricity consumers in its determination to address the issue of estimated billing by the electricity distribution companies, Discos.
FG’s threats over metering bounce off DISCOs
It is yet unclear how it will do it, but the Federal Government has again threatened to sanction forthwith any defaulting company, as it expressed dissatisfaction over the level of meter deployment by electricity distribution companies, DISCOs.
Falling prices: Nigeria oil revenue dips by N77bn
Continuous decline in the price of crude oil has caused Nigeria to lose as much as N77.2 billion from oil revenue in one month, according to data obtained from the Central Bank of Nigeria, CBN.
Power sector below expectation, says LCCI
The Lagos Chamber of Commerce and Industry, LCC1, said the power sector performed below expectations in 2014, as evident in the deterioration of public power supply in the year gone by.
