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 […]
Inability to recoup investment frustrates local production of meters
The uncertainty of distribution companies, DISCOs, to recoup their investments may be hampering their desire to patronise local meter manufacturers, as it takes a long time to recoup investment from locally manufactured meters.
Ministry decries smuggling of minerals
Following the surge in illegal activities in the Solid Minerals sector, the Minister of Mines and Steel Development, Mr. Musa Sada, has condemned the continued smuggling of mineral resources out of the country.
Nigerians to pay more for cooking gas
Nigerians will be compelled to pay a sudden 48 percent price increase for liquefied petroleum gas, LPG, also known as cooking gas, as a 12.5 kilogramme of the product has risen to N4,000, up from N2,700 previously.
Energy firms owe Nigerian banks N2.6trn
Energy firms are owing banks in Nigeria about N2.644 trillion as at end-December 2013, the Central Bank of Nigeria, CBN, has stated.
Sugar sector to contribute 411MW of electricity
The National Sugar Development Council, NSDC, said the sugar sector could contribute 411 megawatts of electricity to the national grid, in line with the federal government’s quest to boost energy supply in the country.
