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***•Economic strain blamed for unsustainable power subsidy levels •36 governors reject amendment to Electricity Act The Federal Government’s electricity tariff subsidy jumped from N610bn in 2023 to N1.94tn in 2024,…
Electricity consumers may encounter blackouts across the country as the Federal Government intensifies efforts to stabilise the national grid through planned outages, the Nigerian Independent System Operator has said. This…
Nigeria’s electricity distribution companies have raked in a total sum of N887.86bn as revenue in the first seven months of 2024 following the tariff increase for Band A customers and…
The Federal Government has paid $120m out of $1.3bn owed gas firms for the supply of gas for the running of power plants in Nigeria. This was disclosed in Abuja,…