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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.
The Nigerian Electricity Regulatory Commission (NERC) says it is working on ways to monitor the quality of service of power supplied to customers.
Power distributors have received approval to collect an average of 87.9 per cent of the recently increased electricity tariff from consumers across the country in the first six months of 2021.
Operators in the hospitality industry in the country, including hotel owners and tourism operators Friday rejected the September 2 electricity tariff hike by the federal government.
The Nigerian Electricity Regulatory Commission has clarified that the outstanding electricity bills of landlords are not to be enforced on new tenants.
The Management of Kano Electricity Distribution Company (KEDCO) says the new tariff increment as approved by Nigerian Electricity Regulatory Commission (NERC) is not applicable to all its customers in Kano, Katsina and Jigawa States.
Though the deregulation of petrol is causing hardship across the polity, the initial pain will eventually give way to greater benefits among which include a significant reduction in the price and availability of the product at all times, according to Nigerian President, Muhammadu Buhari.
President Muhammadu Buhari has warned that it would be economically dangerous for Nigeria to go back to the era of fuel subsidy, citing grave financial cost and a return to the era of long fuel queues as certain results.
President, Centre for Change and Women Arise, Dr. Joe Okei-Odumakin, has faulted the increase in electricity tariff and petrol price would worsen hardship.
Nigeria may lose over $600 million to capital flight in favour of China in addition to hurting the local content pursuit with the recent presidential approval to defer for one year, the 35 per cent import taxes on three million pre-paid electricity meters, which are to be imported into the country, the meter manufacturers in the country have warned.
Members of the Coalition for Civil Societies in Osun State Friday morning protested against the hike in electricity tariff and petrol price.
The Management of Kano Electricity Distribution Company (KEDCO), Wednesday, announced that it has begun the implementation of the new service reflective tariff as approved by the Nigerian Electricity Regulatory Commission (NERC)
The distribution companies made the announcement in separate notices to their customers through their social media accounts on Tuesday saying the Nigerian Electricity Regulatory Commission (NERC) had approved the Multi-Year Tariff Order (MYTO) 2020 which took effect from Tuesday.
The Management of Ibadan Electricity Distribution Company (IBEDC) as part of efforts to deliver excellent service, has commenced the implementation of the Service Reflective Tariff (SRT) from the 1st of September 2020, as approved by the Nigerian Electricity Regulatory Commission (NERC).
The Nigeria Labour Congress (NLC) has urged the Nigeria Electricity Regulatory Commission (NERC) to take decisive action on the plan by DISCOs to hike electricity tariff in the country.
Mr Goddy Jedy-Agba, the Minister of State Power said this in Abuja on Tuesday, while inaugurating the First 12 Kilo Watts Peak (KWP) Volus Solar for Health (VSFH) Mini-Grid with 58 KWH Battery Bank at Karu Primary Health Centre initiated by Volus Energy Ltd.
The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, on Sunday quoted President Muhammadu Buhari as telling families to turn back children who bring home unaccounted goods.
Kwara State Governor, AbdulRahman AbdulRazaq, has reviewed the curfew on the people of Ilorin, the state capital from 24 hours to 12 hours.
The 62 new cases were reported from 11 states – Taraba (18), Ogun (15), FCT (6), Kaduna (6), Katsina (4), Ondo (4), Ekiti (3), Rivers (3), Kano (1), Osun (1), and Sokoto (1).
Local war epic Sacrifice topped the box office on its opening weekend (October 23-25) in China, according to figures from theatrical consultancy Artisan Gateway, grossing $53m in three days.
At the backdrop of the destructions of public and private properties and businesses in the wake of the #EndSARS protests, businesses have been counting their losses while economy experts have listed the immediate challenges the crises have thrown up against Nigeria’s struggling economy.
Chelsea is prepared to battle Manchester United for the signature of Borussia Monchengladbach defensive midfielder Denis Zakaria, according to a report.
The National Association of Nigerian Traders (NANTS) has directed its members to adopt immediate security measures for their protection and ensure markets remained closed in states where curfew has been imposed by governments.
The Federal Road Safety Corps has lamented that its offices in Abia, Anambra, Delta, Edo, Imo, Lagos, and Enugu were attacked by hoodlums.
President Muhammadu Buhari is scheduled to address Nigerians at 7pm on Thursday (today) on the #EndSARS protest that has slipped into anarchy across the country.
Nigerian security forces are struggling to contain increasing cases of looting on government-run warehouses across the country, in the latest incident of unrest following widespread, youth-led protests against police brutality.