Electricity

FG increases electricity tariff for customers

The Federal Government has increased the electricity tariff for customers under the Band A classification. This followed the approval of…

1 month ago

FG: We’ll boost power supply to 6,500MW in 6 months

The Federal Government (FG) has reiterated its plan to increase electricity generation from 3,500 Megawatts to 6,500MW within three to…

2 months ago

Power outage: Housewives resort to grinding stones, charcoal for cooking

Some housewives in Obafemi Owode Local Government Area (LGA) of Ogun State say they have resorted to grinding stones and…

2 months ago

FG mulls 6,000 megawatts to improve power supply

The Federal Government is set to increase electricity megawatts from 4,000 to 6,000 within the next three to six months…

2 months ago

Ghana electricity coy disconnects parliament over $1.8m debt

Ghana's state-run electricity supplier, ECG, has cut off power supplies to the parliament building over 23 million Ghanaian cedi ($1.8…

3 months ago

Tinubu signs amended Electricity Act Bill into law

President Bola Tinubu has signed the Electricity Act (Amendment) Bill, 2024, into law. This was made known via a statement…

3 months ago

Govt moves to sell 40% shares in 11 DisCos through IPO

The Federal Government has concluded plans to sell off its 40 per cent stakes in the 11 Distribution Companies (DisCos).…

5 months ago

TCN: We only transmit 8,100mw of 13,000mw generated electricity

The Transmission Company of Nigeria (TCN) says it currently has the capacity to transmit 8,100mw of the about 13,000mw of…

5 months ago

Q1 24: Otedola’s Geregu Power forecasts N31.2bn revenue, N14.4bn profit

Geregu Power Plc., Nigeria’s leading power generation company (GenCo), is seeing a better operating 2024 with its revenue and profit…

5 months ago

Nigeria, Germany sign agreement to improve electricity

Nigeria and Germany have signed an agreement aimed at expediting the implementation of the Presidential Power Initiative (PPI) to improve…

6 months ago

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