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Tag: Nigerian Electricity Regulatory Commission (NERC)

Nigeria: Power Distributors Fail to Remit N1.16tn to NBET

Power distribution companies in the country failed to remit a total of N1.156tn to the Nigerian Bulk Electricity Trading Plc for the electricity sold to them as of February 2019.

Nigeria: Fashola’s ‘Steady and Stable Power’ Plan Yet to Make the...

The Minister of Power, Works and Housing, Barrister Babatunde Raji Fashola’s incremental, steady and stable plan did not record a high success because a number of power projects initiated to boost the power supply situation in the country have either been stalled or have yet to be completed. There were some ongoing key power projects in 2015 when Fashola assumed office. He promised to continue and complete them.

Nigeria: Keystone, Others Partner Mojec on Prepaid Meters Financing & Rollout

Mojec Meter Assets Management Company, a subsidiary of Mojec International Limited, has announced a partnership with Keystone Bank Limited and other banks in Nigeria...

Nigeria: NERC Gives Meter Providers 10 Years to Recover Investment

Third-party investors in meter provision in Nigeria’s power sector will have about 10 years to recoup investments they make in the sector, and also...

Nigeria: Lawmakers Lament Liquidity Crisis in Electricity Market

The Chairman, House of Representatives Committee on Power, Steel Development and Metallurgy, Mr. Daniel Asuquo, has expressed concern over what he described as the...

Africa Mini-Grid Developers Association launches in Nigeria

As Nigeria prepares to witness a new era of large-scale rural electrification to satisfy the demand of over 90 million Nigerians, who currently lack...