The Presidency also said that the total indebtedness of Niger to Nigeria is USD 16 million, while Benin owes USD four million, adding that the actual cost of electricity generated within 2018-2019 by all the electricity generation companies in Nigeria was about N1.2 trillion ($4 billion).

By Adeola Badru THE country’s first rural commercial undergird mini-grid has finally been installed in Mokoloki, a rural community in Ogun State. The project, an initiative of Rocky Mountain Institute (RMI); Ibadan Electricity Distribution Company (IBEDC) and Nayo Tropical Technology (Nayo Tech), with the support from the Nigerian Rural Electrification Agency (REA) would supply power […]

By Adeola Badru The country’s first rural commercial undergrid minigrid has finally been installed in Mokoloki, a rural community in Ogun State. The project, an initiative of Rocky Mountain Institute (RMI); Ibadan Electricity Distribution Company (IBEDC) and Nayo Tropical Technology (Nayo Tech), with the support from the Nigerian Rural Electrification Agency (REA) would supply power […]

By Jimitota Onoyume Urhobo Youth Leaders Association, UYLA, in Delta State has joined its voice to calls on the Federal Government to halt bidding for the 57 marginal field until competent sons and daughters of Urhobo were given right of first refusal over fields in their communities. The group spoke to journalists in Warri, Delta […]

AGAINST the backdrop of the  recent reversal of the new electricity tariff take-off,, the World Bank has indicated that Nigeria’s electricity tariff shortfall would rise by 56.9 per cent to N822 billion in 2023 from N524 billion in 2020.

AGAINST the backdrop of the  recent reversal of the new electricity tariff take-off,, the World Bank has indicated that Nigeria’s electricity tariff shortfall would rise by 56.9 per cent to N822 billion in 2023 from N524 billion in 2020.

The Senate on Tuesday asked the Federal Government to subsidise electricity for Nigerians in a bid to alleviate the proposed hike in electricity tariff which had been deferred to next year. Chairman Senate Committee on Power, Sen. Gabriel Suswam made the call while briefing newsmen in Abuja. NAN reports that the leadership of the National […]

The leadership of the National Assembly on Monday waded into the controversy on the planned hike in electricity tariffs from July 1st, 2020 and succeeded in convincing the Distribution Companies(DISCOs) to defer the plan till the first quarter of 2021.

….As companies vow to implement new tariff regime effective July 1, 2020 By Chris Ochayi ABUJA: The Electricity Distribution Companies, DISCOs, said Sunday that they have resolved to continue with the implementations of the upward review of the electricity tariff slated to take off  on July 1, 2020, despite unusual silence  from the Nigerian Electricity […]

The management of Kano Electricity Distribution Company (KEDCO) has concluded arrangements for the implementation of the revised electricity tariff from Wednesday, Mr. Ibrahim Shawai, the company’s Head of Corporate Communications, says. Shawai said in a statement on Saturday in Kano that the new tariff regime would guarantee quality customer-oriented services, improvement in power supply, and enhance availability and […]

…How FG will spend more on health with stimulus package Vice President Yemi Osinbajo says Nigerians are willing to pay for electricity if the services they receive from the distribution companies are constant and better. Speaking during a webinar on Economic Sustainability Beyond COVID-19 organised by Emmanuel Chapel, the Vice President said it is not […]

Eko Electricity Distribution Company (EKEDC) on Thursday urged its customers to observe all safety tips and advisory during the rainy season to avoid the risk of electrocution and other related hazards.

Nigeria’s annual inflation rate rose for the ninth consecutive months to 12.4 percent in May from 12.34 percent in April, the highest in  25 months, with analysts projecting that the upward trend will persist, driven by commencement of the new electricity tariff and Value Added Tax (VAT) as well as the new planting season.

ABUJA – THE Federal Government told the Senate on Tuesday  that the new increment on electricity tariff would take off next month, July.

Power has been restored in the East African nations of Kenya and Uganda after they were hit by nationwide outages in the morning, the countries’ electricity providers said.