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Business

Electricity subsidy costs Nigerian govt N36bn in three months —NERC

The Federal Government paid a total of N36 billion to subsidise electricity consumption in the country in the first quarter of 2023, the Nigerian...

News

OPC urges Tinubu to stop DISCOS’ plans to hike electricity tariff

The Oodua People’s Congress (OPC) has raised the alarm over the plan to further increase electricity tariffs by the Distribution Companies (DISCOs), describing the...

News

Transcorp increases power generation to the National Grid as it commissions rehabilitated GT Unit 20

TransAfam Power Ltd, a subsidiary of Transcorp Group, has announced the completion of the rehabilitation of its Afam 5 GT unit 20 Gas Turbine...

Business

Nigerians react as electricity companies quietly increase tariff by 18%

Electricity distribution companies (DisCos) in Nigeria have quietly increased tariffs by as much as 18.5 percent.The new tariff was effected from December 1, 2022,...

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