NBET owes GenCos N144 billion in Q3 2020

The Nigerian Electricity Regulatory Commission (NERC), National electricity grid collapses again, as NUEE suspends strike action , FG to increase electricity tariffs in order to improve power supply, Power: Liquidity crisis-same old story in 2020?, GenCos urges NBET to pay up N1 trillion debt, Electricity Tariff: FG, electricity stakeholders to work on equitable rate , Power: NERC applies "brakes" on hike in tariffs, NERC to sanction 7 DisCos over uncapped estimated billing

NBET failed to pay GenCos for the electricity produced and fed into the national grid in the third quarter of ...

GencosArnergy secures $9 million from investors, Electricity poles, Transmission Company of Nigeria, TCN to ban Ikeja Electric Eko Discos and Enugu Discos, Discos, power supply in Nigeria, Association of Nigerian Electricity Distributors,ANED, PwC proposes possible solutions to the biggest problem facing Nigeria’s electricity sector, GenCos to shut down over NBET's administrative charge , DisCos fail to distribute 8,848.24 megawatts of electricity - TCN , Crisis rocks SSAEAC as association leaders accuse each other of sabotaging power grid, Power: No solutions yet

Power: No solution at hand

by CSL Stockbrokers

February 17, 2020

Based on data from the Advisory Power Team in the Office of the VP, the nation's power sector lost an ...

GenCos urge NBET to pay up N1 trillion debt

by Chidinma Nwagbara

January 14, 2020

The Nigerian Bulk Electricity Trading Plc (NBET) is reportedly owing Power Generation Companies (GenCos) in the country about N1 trillion ...

Gas supply drops by 225 million scfd, stalls power generation

by Abiola Odutola

January 1, 2020

The volume of gas supplied to gas-fired power plants dropped from 820 million standard cubic feet per day (mmscfd) in ...

Hike in electricity tariff inevitable, as FG introduces a new policy

by Bamidele Samuel Adesoji

December 4, 2019

The rise in electricity tariffs in Nigeria is inevitable as the FG has introduced “Willing Seller, Willing Buyer”.

Stamp duty, Senate to probe PPPRA over non-remittance, blame systemic corruption for bad roads, Senate invites Bigi and Pepsi manufacturers, as stiff competition continues , Senate orders investigation of banks over withholding tax remittances

Senate to probe GenCos, DisCos as Nigerian companies relocate to Ghana over power supply

by Fakoyejo Olalekan

November 21, 2019

GenCos and DisCos will be probed by the Nigerian Senate over unstable power supply that has become the order of ...

Electricity tariff, The number of idle power plants in Nigeria rises to 10 , Nigeria, Canada to ink new $2.3b power deal , China to pay $261.4 million for production of Made-in-Nigeria transformers , GenCos to shut down over NBET's administrative charge

GenCos to shut down over NBET’s administrative charge

by Titobioluwa Okunade

November 18, 2019

GenCos have agreed to shut down power production and supply over NBET's proposed 0.75% administrative charge and a debt of ...

GenCos want Discos’ job as it seeks to sell electricity directly to customers

by Fakoyejo Olalekan

October 4, 2019

Power Generation Companies (GenCos) are clamouring for the approval to start selling electricity directly to Nigerians.

Here is why Gencos may halt power sector investment plans

by Damilare Famuyiwa

September 13, 2019

Power Generation Companies (Gencos) may no longer input any investment in the power sector should the current market conditions where it declared generation ...

Reasons Total, Shell Petroleum shutdown four GenCos

by Fakoyejo Olalekan

January 22, 2019

The Executive Secretary of Association of Power Generation Companies (APGC), Joy Ogaji has disclosed four gas generating companies have shutdown production, ...