Governors propose phasing out of electricity subsidy
The Thirty-Six State governors of Nigeria have recommended the phasing out of electricity subsidy in the country to ensure liquidity in the power sector. This is contained in the Nigeria Governors’ Forum recommendations to the federal government on the state of power in the country, in which it highlighted that over the past 15 years, […]
Minister of Power assures improved electricity supply
The Minster of Power, Adebayo Adelabu, has assured Nigerians that the ongoing power upgrade and investment in power sector would improve electricity supply within the next three to six months. Adelabu gave the assurance during a working visit to some ongoing projects in Maryland and Alausa substations on Thursday in Lagos, where he disclosed that […]
Nigerian Senate calls for immediate suspension of plans to remove subsidy on electricity
The Nigerian Senate has called for the immediate suspension of plans by the Executive to remove subsidy on Electricity which would result in an increase in tariffs, describing the move as retrogressive and ill-timed. The Upper Chamber also mandated its Committee on Power to investigate the over N2 trillion subsidy requirement as alleged by the […]
AEDC threatens to disconnect the electricity supply to the Presidential Villa
The Abuja Electricity Distribution PLC (AEDC) has threatened to disconnect the electricity supply to the Presidential Villa, the Central Bank of Nigeria (CBN), the Economic and Financial Crimes Commission (EFCC) and 83 other government agencies in Abuja, over N47.1 billion electricity debt. In a disconnection notice on Monday, the distribution company urged the 86 MDAs […]
TCN blames gas shortage for poor power supply
The Transmission Company of Nigeria has confirmed that the poor power supply experienced by electricity consumers nationwide was caused by a shortage of gas. The TCN in a statement affirmed that there had been a gradual decrease in available power generation into the grid due to gas constraints to the power generating companies. This, the […]