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As a part effort to support and grow revenue of the power sector, the Central Bank of Nigeria, CBN, last week disclosed that it has disbursed about N3.6 billion for procurement of pre-paid meters to stabilise the billing system in electricity consumption in Nigeria as part of its N120.2 billion investments in distribution companies, DisCos, for infrastructure capital expenditure.
Stakeholders in the power sector have noted that the N120 billion investments by the Central Bank of Nigeria, CBN, would improve power supply across the country especially in distribution infrastructure.
Electricity consumer groups on Thursday faulted directive by the Nigerian Electricity Regulatory Commission (NERC) to power Distribution Companies (DisCos) to replace obsolete meters under their networks.
The Port Harcourt Electricity Distribution Company (PHED) says it has introduced a new electronic billing system to make payment of electricity bills easy for customers in four states in its franchise area.
The Nigeria Electricity Regulatory Commission, NERC, says a total of 611,231 meters were deployed across the country as of January 31 under the Meter Assets Provider (MAP) initiative of the federal government.
Following the recent introduction of the revised service reflective electricity tariff, the Federal Government in conjunction with the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), yesterday, engaged the stakeholders on the right way to fully implement the tariff.
The Lalupon/Iwo Road Feeder Electricity Consumers Association, Ibadan, has dragged Ibadan Electricity Distribution Company (IBEDC) before the Nigerian Electricity Regulatory Commission (NERC) over alleged erratic power supply in the area for the past eight years.
Palestinian militants fired rocket barrages into Israel from Gaza for a second day on Tuesday and Israeli warplanes struck the enclave in a deepening conflict in which at least 26 people in Gaza and two in Israel have been killed.
A think-tank of Igbo intellectuals and professionals, Nzuko Umunna, on Tuesday, wrote an open letter to the Chief of Army Staff, Lt. Gen. Ibrahim Attahiru, over the alleged shoot-on-sight order against Igbo youths to the soldiers in the South-East and South-South.
The National Drug Law Enforcement Agency has reshuffled directors in the Agency, merging Special Weapon and Tactics teams, and creating new directorates in the process.
Robert Lewandowski admits to being a fan of Italian football, but the Bayern Munich striker has suggested that no move to Serie A will be made any time soon.
The National Security Council (NSC) rose from its third meeting in two weeks with the approval of new security measures for both South-south and South-east geo-political zones.
The International Criminal Court has sentenced Dominic Ongwen to 25 years of imprisonment. He was found guilty of a total of 61 crimes comprising crimes against humanity and war crimes.
The Nigeria Centre for Disease Control (NCDC) has registered additional two new related COVID-19 deaths in the past 24 hours, its official Twitter handle said on Wednesday.
President Muhammadu Buhari has felicitated with the designer of the National Flag, Pa Michael Taiwo Akinkunmi, on the occasion of his 85th birthday.
The Ekiti #EndSARS Panel of Inquiry has recommended payment of over N3.07 million compensation to shop owners in Odua Textile building, whose goods were looted during the protest in Ado-Ekiti in October 2020.
The World Health Organization on Friday approved the Sinopharm Covid-19 vaccine for emergency use — the first Chinese jab to receive the WHO’s green light.