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 […]
TEM to take off before the end of 2015, says Power Minister
If the assurances of the Minister of Power, Professor Chinedu Nebo are anything to go by, the much awaited transitional electricity market, TEM, would come into effect before the end of 2015.
Youth apprenticeship scheme to bridge skills gap in power sector, says Jonathan
President Goodluck Jonathan has said that the National Power Sector Apprenticeship Scheme, NAPSAS, would close the existing skills gap created by many years of embargo on recruitment in the nation’s power sector.
Electricity: MAN cries out over high tariff, fixed charges
The Manufacturers’ Association of Nigeria, MAN, yesterday cried out to the Federal Government to review the multi-year tariff order, MYTO II, released in June 2014, containing the discriminatory fixed and average charges, saying the charges are suffocating the sector.
Sea Truck gets N40bn facility from Access Bank
Access Bank Plc has granted a $250 million credit facility to Sea Truck Group, an international group of companies offering offshore installation, accommodation and support services to the oil and gas industry worldwide.
FG grants energy firms N20bn waivers
The Federal Government granted about N19.662 billion in waivers and exemption to energy firms in the country in five months, between January and May 2014.
