One shot, as protest over epileptic power supply to Kafanchan turns violent
A peaceful protest against epileptic power supply in Kafanchan, Kaduna State, on Monday, turned violent as one person was shot by security operatives. The protesters stormed the Kaduna Electricity Distribution Company (KEDC), Kafanchan business office, in their numbers carrying placards with inscriptions: ‘Stop charging us high’, ‘Stop the blackout’, ‘Give us stable power supply. A […]
Manufacturers pick holes in the new electricity tariff structure
The Manufacturers Association of Nigeria (MAN) has faulted disparity in electricity tariffs by Distribution Companies (DISCOs) across Nigeria, noting that it creates uneven playing ground which may lead to closure of some companies
FG extends suspension of new electricity tariff by 1 week
The Federal Government has extended the suspension of the new electricity tariff by one week. Prof. James Momoh, Chairman, Nigeria Electricity Regulatory Commission (NERC) said this when the ad hoc Technical Committee on Electricity Tariff submitted its interim report at a reconvene bilateral meeting between Federal Government and Organised Labour on Monday in Abuja. The […]
Budget 2021: FG earmarks N152bn for electricity
…East-West Road gets N15bn …Information Ministry to spend N1.3bn on travels, refreshment, others By Emma Ujah, Abuja Bureau Chief & Emmanuel Elebeke The Federal Government is to pay power generation companies through Nigerian Bulk Electricity Trading, NBET, the sum of N152.416 billion in 2021. According to details of the 2021 budget now before National Assembly, […]
Electricity: FG spent N540bn on subsidy in 2019 — NERC
By Prince Okafor The Nigerian Electricity Regulatory Commission (NERC) says the Federal Government spent N540 billion subsidizing electricity in 2019. The commission further stressed on the need to put an end to subsidy in the sector. NERC Vice-Chairman, Sanusi Garba, who spoke during an interview with TVC, stated that the amount spent on electricity subsidy […]
Why electricity tariff may remain high – NDPHC MD
By Sebastine Obasi There are indications that electricity tariff may not be as cheap as many Nigerians want, going by the variables that attend power generation and distribution. Speaking after an inspection of Olorunsogo Power Plant, in Ogun State, while reacting to complaints of increased electricity tariff, the Managing Director of Niger Delta Power Holding […]
