Electricity
BREAKING: We’re going to review electricity tariff for Band B, C customers – FG
The Federal Government has announced plans to review electricity tariffs for Band B and C customers as part of efforts to improve the power sector and encourage investment. Minister of Power, Adebayo Adelabu, made this revelation during the public presentation of the National Integrated Electricity Policy and Nigeria Integrated Resource Plan on Thursday in Abuja. […]
JUST IN: National grid collapses second time in two days
As Nigerians await full power restoration, the national grid has collapsed once again. It was reported that the national grid collapsed on Tuesday, marking the 10th such incident since January 2024. Our correspondent confirmed that, as of 11 am on Thursday, the 22 power plants were only able to generate 2,323 megawatts of electricity, with […]
Aiyedatiwa Inaugurates Ondo Electricity Regulatory Transition Committee
Ondo State Governor, Lucky Aiyedatiwa, has inaugurated a committee to oversee the transition period of regulatory oversight transfer from the Nigerian Electricity Regulatory Commission (NERC) to the Ondo State Government. The move is to ensure energy independence and improved supply of electricity in the state. The committee’s principal mandate is to develop modalities for the […]
Nigeria exports N58.65b electricity in Q1 2024
In the First Quarter 2024 Q1, Nigeria exported N58.65 billion electrical energy to African countries. The National Bureau of Statistics (NBS) made this known in its document titled: “Foreign Trade in Goods Statistics (Q1 2024).” A section of the report on “Analysis of Nigeria’s Trade with African Countries Q1 2024,” said the electrical energy constituted […]