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 […]
Nigeria Energy Forum seeks to boost investments in smart energy
The Chairman, Nigeria Energy Forum (NEF) Dr. Daniel Adeuyi, says its forthcoming conference will focus on boosting investments in climate-smart energy infrastructure and capacity building on modern energy technologies to boost the power sector.
Energy crisis: Confusion over deregulation as oil marketers sell above N165 per litre
Despite the regulation of the nation’s downstream sector, oil marketers, yesterday, continued to sell petrol at different prices, due to the high price of diesel.
GENCOs: FG remittance dips 45.26% to N146.5bn in 4 months
•As DISCOs inefficiency threatens sector devt By Ediri Ejoh REMITTANCE of Nigerian Bulk Electricity Trading PLC, NBET, to the Generation Companies of Nigeria, GENCOs, has declined by over 45 per cent to N146.5 billion between January and April 2022, from N267.6 billion in the corresponding period of 2021, according to the latest report from the […]
ENERGY CRISIS: NLNG, NGA, others lament oil theft, as price of LPG rises further
By Udeme Akpan THE Managing Director/CEO, Nigeria LNG Limited, Dr. Philip Mshelbila has cautioned against pipeline vandalism, oil theft, illegal refining and illegal bunkering as the energy crisis worsens in Nigeria. Speaking as a panelist at the just-concluded Nigeria Oil and Gas, NOG, Local Content Conference 2022, in Abuja, Mshelbila, said: “We have people who […]
Your performance was abysmal, BPE lashes at sacked DisCos’ owners
The Bureau of Public Enterprises (BPE) yesterday justified the decision to restructure the ownership of four electricity distribution companies, DisCos, saying the performance of the sacked owners was abysmal.
