Electricity: Consumers, experts, others react as NERC plans new tariff review
By Udeme Akpan & Ediri Ejoh Consumers of electricity, experts, others, Tuesday, reacted as the Nigerian Electricity Regulatory Commission (NERC) plans a new tariff review in the nation. In its notice issued April 26, 2021, NERC had stated: “Accordingly, this notice is issued to inform the general public and industry stakeholders of the Commission’s intention […]
Post privatisation: Nigeria’s stranded power rises 263% to 3,742MW
***As generation average 4,050MW By Obas Esiedesa Contrary to expectations, there are indications that Nigeria’s electricity sector has recorded huge set back since the private sector take-over seven years ago. Data obtained by Vanguard Energy last weekend shows that volume of stranded power has risen by about 263 percent to 3,742 megawatt (MW) as at […]
FG directs reversal of electricity tariff
The Minister of Power, Mr Saleh Mamman, has directed the Nigerian Electricity Regulatory Commission (NERC) to inform all Electricity Distribution Companies(DISCOs) to revert to tariffs that were applicable in Dec. 2020. Mr Aaron Artimas, Senior Special Adviser, Media and Communications to the Minister of Power, made this known in a statement in Abuja on Thursday. […]
50% electricity increase spells doom for production — Dama
The 50 percent increase in electricity tariffs is coming again at a very wrong time. It will have a terrible high effect on our production costs. It is even rather very unfortunate because energy is not even available in some areas of our operations as lots of millers and rice processors depend on electricity for production.
Labour rejects new electricity hike
Says FG’s exploitation doesn’t have an end By Johnbosco Agbakwuru THE Nigerian Labour Congress, NLC, yesterday said it would use every available means to resist the new increase in the electricity tariff. The NLC also accused the Federal Government of deceit and insensitivity to the plight of Nigerians at this period the Coronavirus pandemic has […]
Electricity sector records mixed performance in 2020
By Ediri Ejoh Despite the sordid tales of Nigeria’s electricity sector, 2020 upstream power sector seems to have fared better in reducing systems collapse significantly. However, huge difficulties persists in stranded power incidences which has resulted in a steady rise in losses in the industry while ensuring the perennial issue of inadequate power supply […]
