The Nigerian Senate has begun investigating the hike in electricity rates in eleven states.During Monday's meeting at the Senate-wing National Assembly, the Red Chamber threatened to punish any person...
On Monday, the Federal Government reported that the price of natural gas for power-generating firms has increased to $2.42 per metric million British thermal units (mmbtu), a significant shift from th...
On Sunday, it was disclosed by the NERC that the Federal Government had spent a total of N375.8 billion on electricity subsidy between January and September this year. It also reveals that electricity...
President Bola Tinubu has put a stop to the implementation of the increase in electricity tariffs and has insisted that subsidy will be paid on power nationwide, The Minister of Power, Adebayo Adelabu...
The latest report released by the Nigerian Electricity Regulatory Commission (NERC) shows that the Federal Government of Nigeria paid ₦135.23bn for electricity subsidy in Q2 2023, and this showed th...
The Federal Government of Nigeria has approved a review of the prices of electricity meters in the country.The Nigerian Electricity Regulatory Commission (NERC) said in the circular released that the ...
The World Bank's Nigeria Electrification Project (NEP) has made a significant pledge of $750 million with the goal of revitalizing rural electrification initiatives and improving electricity accessibi...
Members of the Nigerian Labour Congress (NLC) have come together to stop the Federal Government from the proposed increment placed on electricity tariffs which is expected to start on July 1, 2023.It ...
A circular was passed last Wednesday and it said that all the segments of the Nigerian Forex Market windows be collapsed into a single window. The Central Bank of Nigeria said that this is part of the...
The Manufacturers Association of Nigeria (MAN) supports the newly signed 2023 Electricity Act by President Bola Tinubu, hoping that it will benefit the country's manufacturing industry.In an official ...