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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: More Gas Should be Freed for Power Generation

With only 18 per cent of total gas produced utilised locally, the Federal Government has advocated increase in volume made available for power generation...

RE: Wasted Decade in Power Sector

A critical reading of the largely self-contradicting and self-indicting interview, granted the BUSINESSWORLD column of THISDAY by Dr. Sam Amadi, a former Chairman of...

Nigeria: Federal Govt to Invest N72bn in Discos to Boost Power...

The Federal Government is to invest about N72 into the operations of the 11 Electricity Distribution Companies (Discos). The intervention, according to the Minister of Power...

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...

Nigeria: We’ve Had Four Wasted Years in Power Sector – Amadi

A former chairman of the Nigerian Electricity Regulatory Commission, Dr. Sam Amadi, in this interview with Chineme Okafor, says the country’s privatised electricity market...

Nigeria: N778.7bn Debt to NBET Weighs Down Power Discos

The 11 electricity distribution companies (Discos) in Nigeria are heavily indebted to the Nigerian Bulk Electricity Trading Plc (NBET) to the tune of N778.7...

Nigeria: Power – MDAs, Others’ Debt Hit N5bn Monthly

The Federal Government has ordered the metering of its ministries, departments and agencies (MDAs) as debts profile of these agencies and barracks of military...

Nigeria: ‘It’s Impossible to Meter all Electricity Consumers Without Reflective Tariff...

Kola Adesina is the Group Managing Director (GMD) of Sahara Power Group, owner of Egbin Power Plant. In this interview, he says until the...