GENCOs
23 Mar
The passage of the Electricity Act 2023, followed by its amendment via the 2024 Amendment Bill, signifies significant progress in the Nigerian Electricity Supply Industry (NESI).
11 Mar
The Management of Ibadan Electricity Distribution Company (IBEDC) has lamented vandalism and theft of electricity infrastructure in its franchise areas.
7 Mar
Nigeria's 11 electricity Distribution Companies (DisCos) and Generation Companies (GenCos) may face licence revocation over poor power supply, Minister of Power, Adebayo Adelabu, has threatened yesterday.
28 Feb
The passage of the new Electricity Bill by President Bola Tinubu requiring generation companies to pay five per cent of their yearly operating expenses for the previous year to fund host communities’ development has started generating mixed reactions.
18 Feb
The Minister of Power, Adebayo Adelabu, has revealed that there is a significant N1.6trn shortfall in wholesale tariffs, with an industry Aggregate Technical, Commercial, and Collection (ATC&C) losses of 48 per cent
15 Feb
Nigeria’s electricity pricing has remained contentious over the years, as some stakeholders argue that the current pricing model does not effectively cover the costs of generation, transmission, and distribution.
15 Feb
The Federal Government may reverse its decision to subsidise electricity tariff as the Minister of Power, Adebayo Adelabu, said the sector is under heavy debt.
2 Feb
The Minister of Power, Mr Adebayo Adelabu says the Federal Government is to set up a committee to resolve power blackouts in some parts of the country.
27 Jan
The Ministry of Power has said that work is ongoing to address the blackout being experienced in the country as a result of low supply of gas to power generating companies.
14 Dec
Planned restructuring of Power Transmission of Nigeria (TCN) has hidden intentions, the Nigeria Labour Congress (NLC) has said.
16 Nov
The National Assembly has endorsed a Bill aimed at empowering host communities of various thermal power stations in the country.
14 Oct
The Minister of Power, Chief Adebayo Adelabu, has met with the management team of power generating companies (GENCOs) and the distribution companies (DISCOs), urging them to improve on their performance.