Power - Page 18

Default: Power Group Seeks Market Operators, DisCos’ Increased Engagement

Mohammed Shosanya Power Up Nigeria,a consumer group in the nation’s power sector,has advocated the need for increased engagement between Market Operators and Distribution Companies to resolve issues surrounding the latter’s non-compliance with

April 30, 2023

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NERC Approves ₦26.4bn Electricity Subsidy For AEDC Customers

Mohammed Shosanya The Nigerian Electricity Regulatory Commission (NERC) has announced its September 2024 Supplementary Multi-Year Tariff Order (MYTO), maintaining electricity rates unchanged. Band A Tariff remains at N209/kWh, while Bands B to

September 15, 2024

Power

Why We Fined AEDC N1.69bn-NERC

Mohammed Shosanya The Nigerian Electricity Regulatory Commission (NERC) has fined N1.69 billion on the Abuja Electricity Distribution Company (AEDC) for overbilling customers. The decision stems from the power firm’s failure to comply

September 15, 2024

Power

Essay Competition:NERC Gives Prizes To Top Winners

Mohammed Shosanya The Nigerian Electricity Regulatory Commission (NERC) has celebrated the top winners of the annual energy essay competition, with the first three winners receiving cheque prizes, plaques and certificates. The award

September 7, 2024

Power

NERC Plans Five Regulations To Boost Investment In Solar Energy

Mohammed Shosanya The Nigerian Electricity Regulatory Commission,NERC is working on five regulations that would aid investment into the country’s solar energy sub-sector The commission’s Head of Renewable Energy and Corporate Planning, Engr.

August 30, 2024

Power

EKEDC Justifies Disconnection Of UNILAG From Grid

Mohammed Shosanya The Electricity Distribution Company (EKEDC),has justified Tuesday’s disconnection of power supply to the University of Lagos on account of unpaid bills Although the power firm confirmed that the varsity paid

August 30, 2024

Power

NERC Tops 53 MDAs On Complaint Resolution

Mohammed Shosanya The Nigerian Electricity Regulatory Commission (NERC) has emerged as the first among 53 Ministries, Departments and Agencies (MDAs) after scoring 100 percent for active engagement on the ReportGov.NG platform, and

August 30, 2024

Power

6 States Get Autonomy To Regulate Electricity

Mohammed Shosanya The Nigerian Electricity Regulatory Commission (NERC) has granted authorisation to six additional states—Enugu, Ekiti, Ondo, Imo, Edi and Oyoto regulate their electricity markets in the country. In a statement,the commission

August 29, 2024

Power

Nigeria Gets New Electricity Policy

Mohammed Shosanya The Federal Government has unveiled the zero draft of the National Integrated Electricity Policy and Strategic Implementation Plan which aims to address the pressing challenges within the Nigerian Electricity Supply

August 29, 2024

Power

Ibadan Electricity Distribution Company (IBEDC)

AMCON Shops For New Investors To Buy IBEDC

Mohammed Shosanya The Assets Management Corporation of Nigeria,is set to sell Ibadan Electricity Distribution to new investors,saying the development is the only measure to make the power firm more efficient. Its Managing

August 29, 2024

Power

British Envoy Praises Geometric Power Model

The British High Commissioner to Nigeria, Dr Richard Montgomery, has praised the model of the Geometric Power in developing the Aba Independent Power Project in Abia State. The model is impressive and

August 28, 2024

Power

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