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Power: NERC’s new regulations to allow MAP, NMMP run concurrently

Electricity Tariff Hike: NERC conniving with service providers against Nigerians— NLC

By Victor Ahiuma-Young Nigeria Labour Congress, NLC, has rejected the new hike in electricity tariff by the Federal Government, noting that the Nigeria Electricity Regulatory Commission, NERC, was conniving with electricity providers against Nigerians, and undermining the system and ongoing negotiations. The union said Organised  Labour would resist the new hike, as it would kill
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FG spends over N50bn monthly on electricity — Minister

Tariff Implementation: Nigeria’s power sector faces bleak future — GENCOs

By Prince Okafor Power Generating Companies, GENCOs, has said that the constraints bewildering Nigeria’s power sector are so vast that they may end up forcing it to comatose. The GENCOs reaction is coming against the backdrop of the recent implementation of the Service Reflective Tariff (SRT), as approved by the Nigerian Electricity Regulatory Commission, NERC.
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Electricity

DISCOs have failed in electricity supply ― FG

Mulls reversal of Electricity Privatisation By Johnbosco Agbakwuru THE Federal Government yesterday said that Distribution Companies, DISCOs have failed in supplying adequate electricity to Nigerian consumers. The government said it will no longer provide intervention funds as a subsidy to the DISCOs and may take drastic actions against the companies as it would not continue
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Privatisation of GENCOs, DISCOS was bound to fail — TCN

By Udeme Akpan & Prince Okafor THE Transmission Company of Nigeria, TCN, has disclosed that the privatisation of Electricity Generation Companies, GENCOs and Electricity Distribution Companies, DISCOs, was bound to fail because the nation hurriedly adopted the ‘Single Buyer’ model which has never worked anywhere. The Managing Director/CEO, TCN, Mr. Gur Mohammed, who disclosed this
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