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 […]
Stakeholders call for synergy among content regulators
Stakeholders in the oil and gas industry have called on the industry regulators to share intelligence and synergize in order to ensure effective implementation of the Federal Government’s local content policy.
FG orders TCN on Ondo/Akure feeder line
The Federal Government has directed the Transmission Company of Nigeria, TCN, to immediately commence the design and procurement of Omotosho/Ondo/Akure 132KV feeder line.
FG to complete 10 NIPPs by mid 2014
In line with President Goodluck Jonathan administration’s power sector reform; the Federal Government has promised that 10 National Independent Power Projects, NIPPs, will be ready in the second quarter of 2014.
FG owes marketers N220bn
The Federal government owes importers of petroleum products over N220 billion claims under the Petroleum Support Fund, PSF. As a result, the marketers said they may not be able to adequately supply products during the Yuletide season unless the debts are cleared.
NERC earns N390m from licencing fees
THE Federal Government has earned about N389.975 million from the issuance of operating licenses to the new owners of the privatised assets of the Power Holding Company of Nigeria, PHCN.
