The Forum of Commissioners of Power and Energy in Nigeria (FOCPEN) has raised concerns over the proposed Electricity...
Dr. Idowu Oyebanjo, Managing Director of Idfon Power Engineering Consultants has said the recent attempts by the National Assembly (NASS) to amend the recently passed 2023 Electricity Act could erode investor confidence in Nigeria’s power sector.
Ekiti State, in South West Nigeria, has issued licenses to three electricity distribution companies (DisCos), four generation companies (GensCos), and two mini-grid generation companies as part of its plans to implement an off-grid electricity supply system.
NERC has announced that it has scheduled a meeting with all stakeholders in July 2023.
Electricity prices in Nigeria are expected to rise due to the unification of the naira and the depreciation of the currency.
The Energy and Mineral Resources Commissioner for Lagos State, Olalere Odusote, has expressed confidence in the state's ability to implement the 2023 Electricity Act.
President Bola Ahmed Tinubu has officially signed the 2023 Electricity Act into law, marking a significant milestone in Nigeria's electricity sector.
President Bola Ahmed Tinubu recently signed the 2023 Electricity Act into law, de-monopolizing Nigeria’s electricity sector.
President Tinubu has assented to the 2023 Electricity Act which is a replacement for the Electricity and Power Sector Reform Act of 2005.