Electricity distribution companies, otherwise known as DisCos, were unable to take the full power generation in recent period, underlining a major challenge in the electricity supply chain. Minister of Power, Chief Adebayo Adelabu, yesterday said that power generation had peaked at 5,170 megawatts on Friday, August 30, 2024 but this had to be ramped down by…
The cost of a single-phase electricity meter has risen to over N130,000 from N88,000 in the first quarter of this year. This is the second time the Nigerian Electricity Regulatory Commission would approve an increase in the prices of prepaid meters. The price of a singles phase meter ranged from N130,000 to N139,000, while a…
The National Association of Nigerian Students (NANS) has condemned the action of the Eko Electricity Distribution Company (EKEDC) for disconnecting the University of Lagos (UNILAG) Akoka from power supply over its inability to pay the sum of N472 million monthly tariff bill, the amount the university considered to be very outrageous. The students’ bodies because…
Adebayo Adelabu, minister of power, says the federal government and the states have raised N100 billion for the procurement of prepaid electricity meters. Speaking on Tuesday at a press briefing in Ibadan, Oyo state, Adelabu said this is part of the government’s efforts to close the metering gap. “Mr President has set up what we…
The Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo, has said he would invite regulatory agencies and producers of Liquefied Petroleum Gas (LPG) popularly known as cooking gas to address the current soaring prices of the product in the country. This was just as the federal government through the Decade of Gas Secretariat…
Nigeria’s Minister of State for Health and Social Welfare, Dr. Tunji Alausa, announced that the Federal Government has approved a 50% electricity subsidy for According to him, this gesture aims to reduce the running costs for public hospitals and alleviate the impact on patients.The Minister, speaking at the National Neo-Psychiatric Hospital in Barnawa, Kaduna, also…
The acting Managing Director of the Eko Electricity Distribution Company, Mrs Rekhiat Momoh, disclosed that the company was being owed N144 billion by ministries, departments and agencies in its area of operation. Momoh announced this on Tuesday when the House of Representatives Committee on Privatisation and Commercialisation visited the company in Lagos. According to Momoh,…
