Power Holding Company Of Nigeria - PHCN
FG pays N135bn electricity subsidy to Ikeja Electric, Ibadan Disco, others to stop tariff increase
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.
Electricity tariff may drop as FG considers fresh subsidy for GenCos amid gas price hike
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.
Full List: 47 companies bid to provide 1.25 million meters funded by World Bank
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.
"Don’t expect grid stability": TCN warns Nigerians of imminent national grid collapse
The TCN has alerted Nigerians that a reliable electricity grid cannot be guaranteed following acts of vandalism on the company's installations across the country.
NERC says new electricity subsidy designed to favour the rich, reveals disCos with highest tariffs
A recent report by the Nigerian Electricity Regulatory Commission says rich Nigerians enjoy the benefits of electricity tariffs more than low-income earners.
FG licenses 17 new electricity distribution companies to compete Ikeja Electric, others
The Nigeria Electricity Regulatory Commission (NERC) said it has licensed 17 new electricity distribution companies, 10 of which are fully operational in Nigeria
Ghana planning to export electricity to Nigeria as national grid collapses twice in 1 week
The Ghanaian authorities are planning to export electricity to Nigeria as it has achieved about 85% electricity access while Nigeria experiences grid issues.
Consumers to get free electricity as NERC orders DisCos to reimburse customers for meters under MAP
The Nigerian Electricity Regulatory Commission has ordered DisCos to reimburse consumers for the purchase of prepaid meters under the MAP programme.
After price increase by NERC, Ikeja Electric halts sale of prepaid meters
Ikeja Electric has announced the halt in selling new prepaid meters to electricity consumers, stating that it has a backlog of orders to attend to first.
Power Holding Company Of Nigeria - PHCN
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