Power Holding Company Of Nigeria - PHCN
The Nigerian Electricity Regulatory Commission (NERC) has revealed that it has granted 15 new licenses to power companies scattered across Nigeria.
The FG in partnership with the Central Bank of Nigeria is committing to the financing of the production of four million prepaid meters locally...
NERC has stated that it received over 1 million complaints from electricity consumers, even though they owed DisCos a total sum of N343.50 billion in 2022.
A sense of apprehension has overtaken the management of GenCos and DisCos as they await the FG's review of their operational licenses after 10 years.
Ikeja Electric has asked consumer across its network to link their NINs to their prepaid meters by November 1 or they won't load them with units.
Schneider Electric has issued the first-ever blueprint for data centres in the energy industry to harness the power of Artificial Intelligence for the centres.
The Nigerian government paid N135 billion as a subsidy to electricity companies in the second quarter of this year to stop them from increasing tariffs.
The FG is weighing the option of returning full subsidy to the power sector in order to cover the rising tariff and improve the power supply in the country.
About 47 companies are bidding to provide 1.25 million meters to electricity consumers in Nigeria. The World Bank funds the project to the tune of $155 million.