Chunk of monthly loss of over N30 billion incurred from the large number of customers engaged in energy theft.
Presidency has approved the release of funding for the first part of Phase 1 of the PPI, to kick-off the pre-engineering and concession financing workstreams.
Ikeja Electricity Distribution Company (Ikeja Electric) have announced the suspension of all disconnection activities of non-paying customers for the period of two weeks with effect from today.
The Eko Electricity Distribution Company (EKEDC) has guaranteed its customers that there would be constant power supply during this lockdown period.
The Nigerian Electricity Regulatory Commission (NERC) has postponed the take-off of the new electricity tariff by the Electricity Distribution Companies (DisCos)
The proposed increase in electricity tariff by DisCos has experienced setback with the FCCPC because it will affect unmetered customers.
Ikeja Electric Plc announced Mrs. Folake Soetan as its Acting Chief Executive Officer, effective March 2nd, 2020