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Receiving members of the Hausa Guild of Actors and Film Producers, otherwise known as Kannywood, on Tuesday, the minister said the funds were provided to augment the shortfall by the distribution companies (DisCos) who have failed to pay for the electricity supply wheeled to them.
Socio-Economic Rights and Accountability Project (SERAP) has asked the World Bank to release information on the $500million funding for electricity projects in Nigeria.
The World Bank has approved $500 million to support the federal government in improving the country’s electricity distribution companies’ (Discos) operations.
No fewer than 77,000 prepayment meters are currently being distributed to customers in four states, the Port Harcourt Electricity Distribution Company (PHED) has said .
The Network for Democracy and Development (NDD), a Civil Society Organisation, has commended efforts of the Federal Government at improving the state of the economy.
Austin Atakpu, the Managing Director, TCS Paymeters Ltd., manufacturers of prepaid meters, says metering of houses in the country is a gradual process and not automatic.
Nigeria has recorded an all-time peak power generation of 5,552.8 megawatts, the Transmission Company of Nigeria announced on Thursday.
Nigeria recently implemented its first power tariff increase in state-controlled prices since 2015. That doubled prices for some consumers, but the government and industry said it was needed to allow distribution companies to recoup costs and pay generating companies
The federal government and organised labour have resolved to allow one week for consultation over the demand for the reversal of the pump price of petrol.
Stakeholders in the downstream value chain of the oil and gas sector has stressed that deregulation remaines the most appropriate and sustainable direction available to the nation as global price of crude oil continues to reel under the pressure of the global coronavirus pandemic.
A civil society group, Civil Rights Council (CRC), has accused the Nigeria Electricity Regulatory Commission (NERC) of allegedly conniving with Distribution Companies (DISCOs) to extort electricity consumers through outrageous estimated billings.
Electricity consumers in Nigeria will begin to pay more after some weeks of relief as distribution companies reintroduce the revised Service Reflective Tariff (SRT), as approved by the Nigerian Electricity Regulatory Commission NERC.
The Kano Electric Distribution Company (KEDCO) has commenced the distribution of 87,747 prepaid metres to consumers in Kano, Katsina and Jigawa states.
The Minister of Power, Mr Saleh Mamman, has said that the Nigeria’s installed grid power generation capacity has grown from 8,000mw to 13,000mw under the leadership of President Muhammadu Buhari.
The latest quarterly report issued by the Nigerian Electricity Regulatory Commission, NERC, showed that a total of N114 billion was collected as revenue by the 11 electricity Distribution Companies, DISCOs, in the first quarter of 2020.
The Central Bank of Nigeria (CBN) has released its framework for the National Mass Metering Programme (NMMP).
The Federal Government has said that the administration of former President Goodluck Jonathan created the problem in the power sector by selling the power generating and distributing companies to incompetent investors.
In a determined effort to offer Nigerians an effective option to petrol, the federal government will focus on developing Compressed Natural Gas otherwise known as auto-gas, which is priced significantly lower than PMS.
The Nigerian Electricity Regulatory Commission has clarified that the outstanding electricity bills of landlords are not to be enforced on new tenants.
Ahead of Nigeria’s independence anniversary slated for first October next month, a member of the House of Representatives, Honourable Teejay Yusuf, has faulted the Federal Government’s timing of the increase in the price of petrol and electricity tariff.
President, Centre for Change and Women Arise, Dr. Joe Okei-Odumakin, has faulted the increase in electricity tariff and petrol price would worsen hardship.
The National Industrial Court in Akure has ordered the Ekiti State University (EKSU), Ado Ekiti, Ekiti State, to reinstate 85 non-teaching staff members sacked by the institution in December 2019.
The Independent National Electoral Commission (INEC) has fixed March 27, for the Aba North/South Federal Constituency by-election in Abia.
Nigerian troops have foiled an attack from Boko Haram and ISWAP and rescued passengers along the Maiduguri-Damaturu highway in the Auno axis of Borno State.
The Joint Action Committee, JAC, of non-teaching staff unions of universities has announced the suspension of its three weeks old strike with effect from midnight of February 26.
The Chairman/Chief Executive of the National Drug Law Enforcement Agency, NDLEA, Brig. General Mohamed Buba Marwa, has urged Nigerians to take ownership of the renewed fight against the menace of drug abuse in the country.
The University of Lagos says its current non-physical Post Unified Tertiary Matriculation Examination (PUTME) has achieved 95 per cent success as against reports in some quarters that it was unreliable and inefficient.
There has been movement in the rankings of female tennis professionals especially those who had a strong showing with remarkable performances and great results in the recently concluded first Grand Slam, the Australian Open, in Melbourne Park, Victoria.
Governor Bello Matawalle of Zamfara State has said the students and staff of Government Science College, Kagara, Niger State kidnapped by bandits last Wednesday were being kept in Birni Gwari, Kaduna State, by their abductors.
The Federal Government, yesterday, addressed the issue of insecurity facing Nigeria, saying some of that the bandits and criminal herdsmen terrorising the country are non-Nigerians.
Liverpool manager Jurgen Klopp says that Fabinho, Diogo Jota and James Milner will all be out of Saturday’s Merseyside Derby against Everton.