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 […]
Rise in prices of bread, cereal, yam, others escalate Nigeria’s inflation
…Records 7th consecutive month rise …New FX policy to add more pressure from Sept By Babajide Komolafe, Michael Eboh &Elizabeth Adegbesan Nigeria’s inflation has recorded seventh month consecutive rise to 13.22 percent in August. Headline inflation rate stood at 12.2 percent in February from where it rose steadily every month to 13.22 percent in August. When […]
Kainji Dam, Hydro Power Plant intact ― Mainstream
Emma Ujah The Management of Mainstream Energy Solutions Limited, operators of the Kainji and Jebba Hydro Power Plants said, that the facilities were intact and in full operations. The company was reacting to what it described as a “wicked rumour trending on social media” that Kainji Dam has burst its banks. According to a statement […]
#VanguardDiscuss: Day Lagosians, Ikeja Electric squared off on tariff
By Victor Ogunyinka It is no longer news that electricity tariff has been increased all across Nigeria, to the chagrin of Nigerians. Even worse off was the increment on Premium Motor Spirit, popularly called petrol, which currently sells at N160 per litre. However, on Thursday, September 10, 2020, Vanguard, via its verified Twitter account, @vanguardngrnews, […]
Ignore PPPRA on administrative levy, NLPGA tells members
NIGERIA Liquefied Petroleum Gas Association, NLPGA, has kicked against moves by the Petroleum Products Pricing Regulatory Agency, PPPRA, to impose administrative levy, despite the deregulation of the LPG sector. In a directive to its members obtained by Energy Vanguard, NLPGA, stated: “It has come to the attention of the Executive Committee that the PPPRA has […]
Deregulation of Nigeria’s oil downstream sector not possible in 2020 — Investigation
By Udeme Akpan THERE are strong indications that the downstream sector of Nigeria’s petroleum industry would not be fully deregulated in 2020 as the enabling factors, especially structures, institutions and the Petroleum Industry Bill, PIB, are not yet in place. Under a regulated market regime, the prices of petroleum products are supposed to be determined […]
