Tag: Electricity Act 2023

FG pushes states to establish power firms to boost electricity access and economic growth

Business Damilola Bayonle -
As Nigeria’s prolonged electricity challenges continue to hinder industrial productivity and everyday living, the Federal Government has called on...

Eko DisCo dismisses takeover rumours, clarifies transition under Electricity Act 2023

Business Damilola Bayonle -
The Eko Electricity Distribution Company Plc (Eko DisCo) has firmly denied reports suggesting that the company has been sold...

UKNIAF, NGF drive transformative growth in electricity market

Business Damilola Bayonle -
In a groundbreaking initiative to transform Nigeria’s energy landscape, the United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF) has joined...

Institutional credibility vital to NERC’s regulatory role

Business Damilola Bayonle -
The credibility and independence of Nigeria’s regulatory institutions have again come under scrutiny following the controversy surrounding the appointment...

NERC Hands Over Power Regulation to Nasarawa

Business Damilola Bayonle -
In a landmark move to promote state-level control of power markets, the Nigerian Electricity Regulatory Commission (NERC) has officially...

Power Sector Nearing Collapse Over Unpaid Debts – Minister

Business Damilola Bayonle -
Nigeria’s Minister of Power, Adebayo Adelabu, has issued a stark warning that the country’s electricity sector faces imminent collapse...

Enugu Battles NERC Over Electricity Regulation

Business Damilola Bayonle -
The Enugu Electricity Regulatory Commission (EERC) has launched a firm rebuttal against the Nigerian Electricity Regulatory Commission (NERC), asserting...

N4tn GENCO Debt: Tinubu Requests Extension for Verification

Business Damilola Bayonle -
President Bola Tinubu has appealed to electricity generation companies (GENCOs) for more time to conduct a transparent verification of...

DisCos Shun States in Escalating Tariff Showdown

Business Damilola Bayonle -
The ongoing power sector dispute between Nigerian electricity distribution companies (DisCos) and state governments has intensified as DisCos reject...

Electricity Act Fallout: Gencos, Discos Protest States’ Tariff

Business Damilola Bayonle -
The controversy surrounding electricity pricing deepened on Monday as power generation and distribution companies (Gencos and Discos) clashed with...