Energy

Consumers pay N1.2trn for electricity in six months — NERC

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 […]
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Mojec tasks consumers on prompt bills settlement

Mojec tasks consumers on prompt bills settlement

The Managing Director, Mojec International Limited, an indigenous metering company, Ms. Chantelle Abdul, has urged Nigerians to constantly pay their electricity bills to ensure power stability in the country. Abdul told Vanguard that the failure of customers to pay their outstanding bills, contribute to the inability of the distribution companies to supply constant power. According to her, “If you don’t pay your bill, it will affect the Discos from supplying power in the country and this will result in shortage of power supply.”

Nigeria earns N3.27trn from oil in 10 months

Nigeria earns N3.27trn from oil in 10 months

Nigeria earned N3.27 trillion from the oil and gas sector in 10 months, between January and October 2015, data obtained from the Central Bank of Nigeria, CBN, has revealed.