Power Holding Company Of Nigeria - PHCN
President Bola Tinubu recently stopped further tariff increases by electricity distribution companies in Nigeria and insisted on subsidies in the industry.
The German government has revealed plans to supply electricity to Nigeria and other West African countries through Cotonou in Benin Republic, Vice Chancellor said.
President Bola Tinubu has asked electricity distribution companies to recalculate electricity tariffs and seek about N 2 trillion in recapitalization to stay afloat
The Nigerian Electricity Regulatory Commission (NERC) has revealed that it has granted 15 new licenses to power companies scattered across Nigeria.
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.
Power Holding Company Of Nigeria - PHCN
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