Tag: Energy Reforms

Nigeria’s Power Sector Shake-Up: NERC Orders DisCos to Fast-Track Free Meter Rollout

Business Damilola Bayonle -
NERC pushes DisCos to accelerate free meter installations amid Nigeria’s metering gap Nigeria’s power sector regulator, the Nigerian Electricity Regulatory...

FG, GenCos disagree over electricity debt figures as N6.3tn claims face fresh scrutiny

Business Damilola Bayonle -
A fresh dispute has emerged in Nigeria’s power sector as the Federal Government and electricity generation companies clash over...

Power crisis deepens as GenCos lament delay in N501bn debt bond payments

Business Damilola Bayonle -
GenCos decry non-payment despite N501bn debt bond scheme Power generation companies in Nigeria have raised fresh concerns over liquidity constraints...

IPMAN eyes refinery ownership, orders members to buy Dangote fuel to end imports

Business Damilola Bayonle -
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has unveiled an ambitious plan that could significantly reshape Nigeria’s downstream...

FG begins N4tn GenCos debt repayment With landmark bond issuance

Business Damilola Bayonle -
Nigeria’s long-standing financial troubles in the power sector entered a decisive new phase as the Federal Government initiated repayments...