The Federal Government of Nigeria has successfully issued a ₦501 billion inaugural bond under the Presidential Power Sector Debt Reduction Programme (PPSDRP), recording 100% subscription from pension funds, banks, ...
July 9, 2025 The Electricity Act (Amendment) Bill, 2025, on Wednesday, passed second reading in the Senate. This followed the presentation of the lead debate on the general principles of ...
May 8, 2025 The House of Representatives is to investigate disbursement and utilisation of the N200 billion Naira Central Bank of Nigeria (CBN) loan for National Mass Metering Programme (NMMP) ...
Feb. 15, 2025 The Transmission Company of Nigeria (TCN), says no system collapse has been recorded this year but line tripping. The company said this in a statement on its ...
Sept 24, 2024 The Nigerian Electricity Regulatory Commission (NERC) says 25,847 metres were installed under the National Mass Metering Programme (NMMP) framework in 2023. The commission said this on its ...
June 2, 2024 The Power Generation Companies (GenCos), have appealed to the Federal Government and key stakeholders to settle electricity debts owned them for electricity generation to enable them remain ...
May 16, 2024 The Federal Government says it will soon begin the payment of N130 billion as part of gas supply debts in the Nigerian Electricity Supply Industry (NESI). The ...
April 30, 2024 The House of Representatives has urged the Nigeria Electricity Regulatory Commission (NERC) to suspend the implementation of the new tariff. The call was sequel to the adoption ...
March 7, 2024 President Bola Tinubu has approved the reconstitution of the Board of the Nigeria Electricity Liability Management Company (NELMCO) with a modification to the Board structure. This empowers ...
February 19, 2024 Power Distribution Companies (DisCos) have resorted to rationing as data revealed that Nigeria is currently experiencing almost 16, 000megawatts power deficit despite having so far; issued generation ...
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