The Central Bank of Nigeria, CBN, has threatened to sanction Deposit Money Banks, DMBs, frustrating its intervention in the power sector through the Nigeria Electricity Stabilisation...
Panic and buck passing now trail threat of total blackout in Nigeria which may commence next week, following the refusal of government ministries, parastatals and agencies...
The government-backed N50 billion take-off loans to the private firms that emerged as distribution companies (Discos) and generating companies (Gencos) for the power sector, is on...
The Nigeria Labour Congress, NLC, has insisted that the judgment of the Federal High Court sitting in Lagos over increase in electricity tariff stands despite the...
The Nigerian Electricity Regulatory Commission (NERC) and Distribution Companies (Discos) are insisting on 45 per cent tariff increase regardless of the recent court ruling. While NERC...
The Central Bankof Nigeria (CBN) has disbursed a total N55, 456, 161, 481 to the power sector in a bid to address the nation’s power problems....
Electricity Distribution Companies (Discos) in the country have attributed their poor performances, and inability to meet their obligations to their failure to access foreign exchange. Executive...
Solar power consumption may soon be captured in the electricity tariff regime, Ripples Nigeria has learnt. The final details of this proposal is being worked out...
The Electricity Distribution Companies (Discos) have begun mass disconnection of customers indebted to them nationwide. Among those affected are government establishments, residential and commercial buildings. The...
Nigerians who thought the nation’s power supply would improve soon may have to do a rethink as there was a total collapse on Thursday with the...
The Nigerian Electricity Supply Industry (NESI) on Thursday recorded power generation of 1,656.80Mega Watts (MW) at 02:27:00 hour. According to the Nigeria Electricity System Operator, in...
Aware of the implication of the National Assembly’s resolution for the electricity distribution companies (DISCOs) to halt the new electricity tariff, the Association of Nigerian Electricity...
Justice Mohammed Idris of the Federal High Court in Lagos has warned the federal government and electricity Distribution Companies, DISCOs not to act in any way...
in from Ali Smart . . . A human rights lawyer, Bar. Toluwani Yemi-Adebiyi, on Friday, approached the Federal High Court to charge the management of the...
In from Olumide Olaoluwa … The Senate has asked the National Electricity Regulatory Commission (NERC) to abolish the collection of fixed charges from electricity consumers. The...
In from Ali Smart… Nigerian Electricity Management Services Agency (NEMSA) has directed Electricity Distribution Companies (DISCOs) and construction companies operating in Nigeria to comply with sector...
