DisCos face billions in losses as manufacturers insist on paying old tariffs
Power distribution companies (DisCos) in Nigeria face billions in collection losses asmanufacturers in the country decide to pay the old ...
Tag: Electricity tariffs
NLC to picket NERC, DisCos’ offices nationwide on Monday over electricity tariff increase
The National Labour Congress (NLC) has instructed its members across the country to picket the offices of the Nigerian Electricity ...
“Set aside politics, the Nigerian power sector is operating at a loss”- Sowunmi
Mr. Olabode Sowunmi, CEO of Cabtree Limited and Chairman of the Hydrogen and New Energy Committee of the Nigerian Gas ...
DisCos 90 day exchange rate freeze
It was learnt last week that the drivers of the new power tariffs in Nigeria are the exchange rate of ...
FG sets new base gas price for power companies, commercial users
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has set a new 2024 base gas price for companies in ...
Price caps on fuel and electricity tariff could cost Nigeria 3% of GDP in 2024- IMF
The International Monetary Fund (IMF) has warned that price caps on fuel and electricity tariffs below the cost recovery could ...
Running diesel generators in Nigeria costs 4x electricity tariffs – Report
The cost of running diesel generators in Nigeria is four times the cost of electricity tariff per kilowatt hour.
House of Reps reject increase in electricity tariffs
Honorable Aliyu Madaki moved the motion to reject the increase, which would create an additional cost burden on Nigerians who ...
FCCPC to DisCos: Stopping customers from buying unlimited energy is illegal
The Federal Competition and Consumer Protection Commission (FCCPC) has said that not allowing customers to vend as much as they ...
Inflation rate, yet to factor in rise in higher electricity prices
The recent hike in electricity prices is yet to be factored into the consumer price index which measures the inflation ...
