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Power Generation Companies (GenCos) warned on Monday of an imminent shutdown due to an N4 trillion debt owed by the Nigerian government for electricity generated and...
Four electricity distribution companies have announced a price hike for their premium customers in the Band A category, increasing the tariff from N206.80 to N209.50 per...
Adebayo Adelabu, minister of power, has described the power sector crisis as “historical”, stressing it has defied all solutions. Adelabu spoke in Abuja on April 22...
The Federal Government spent N375.8bn on electricity subsidy between January and September this year, as power consumers paid a total of N782.6bn for the commodity during...
The Transmission Company of Nigeria (TCN) says its Gwagwalada-Kukwaba-Apo 132 kilovolts (KV) transmission line 1 has been vandalised. In a statement on Sunday, Ndidi Mbah, TCN’s...
Nigerians may need to prepare for tougher times as the country’s electricity tariff is expected to rise by more than 40% in the coming days. This...
No fewer than two officials of the Eko Electricity Distribution Company (EKEDC) have been electrocuted in the Obalende area of Lagos Island, Lagos State. Confirming the...
Electricity distribution companies have quietly increased the tariff payable by power consumers across the country. Although most of the Discos did not make this public, electricity...
The Nigerian Exchange Limited, on Wednesday, announced the listing by the introduction of Geregu Power Plc, which is chaired by billionaire businessman, Femi Otedola, to the...
Data from the Federal Government on Tuesday shows that the collapse of the national electricity grid that occurred the preceding day led to the crash in...
