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Presidency withholds increase in electricity tariff
The MYTO is a methodology through which the NERC, which is the Federal Government agency charged with power sector regulations, determines the electricity tariff and effects reviews periodically.
Government proposes model to end estimated electricity billing in three years
The policy paper, which was released by the Nigerian Electricity Regulatory Commission (NERC), has the backing of the Minister of Power, Works and Housing, Babatunde Fashola.
TCN calls for increase in electricity tariff
The Transmission Company of Nigeria Plc (TCN), has demanded for a review of the current electricity tariff, ostensibly cost reflective, which will entail more payment by the end users of power.
No plans to cancel power sector privatisation, says government
The Federal Government has ruled out the possibility of revoking licences given to private sector investors to run the country’s power sector.
Fashola faults call for cancellation of power sector privatisation
Fashola said although he agreed that there were problems with privatization, four years was not enough to change what could not be done in 60 years in the electricity distribution sector.
Discos blame government for rejection of allocated electricity
Minister of Power, Works and Housing, Babatunde Fashola, insists that the Transmission Company of Nigeria (TCN) now has the capacity to transmit 6,500mw of electricity.
Fashola urges power stakeholders to co-operate with NERC
Fashola, who made the appeal in Lagos at the 19th power sector operators’ meeting, said that the NERC needed stakeholders’ support to complete regulations for metering service providers and eligible customers.
Poor electricity supply may persist as Discos reject 1000mw daily
It may take a longer time for the country to overcome its electricity supply challenges as the distribution companies (Discos) reject generated energy from power plants.
Metering: Electricity consumers resist estimated billing
Following the directive by Acting President Prof Yemi Osinbajo that Maximum Demand (MD) customers should resist paying estimated electricity bills in protest against non-provision of pre-paid meters...
Metering of electricity consumers is not a monopoly for Discos - Fashola
Fashola said this at the 18th meeting of stakeholders in the nation’s power sector. He said that it was true that the DisCos had the obligation to meter electricity customers.
Nigeria’s electricity generation stagnates at 2,503gwh in Q2
Electricity generation statistics for second quarter (Q2) of 2017, showed a total average of 2,503 Giga watts hour (GWh) of energy was generated by power stations in Nigeria.
Ambode seeks NERC’s approval for 3000MW embedded power project
Lagos State Governor, Akinwunmi Ambode, yesterday, sought a no objection letter from the Nigerian Electricity Regulatory Commission (NERC) for the State Government’s Embedded Power Programme.