Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has imposed a Two Hundred Million Naira (NGN200,000,000) fine on Abuja Electricity Distribution Plc (AEDC) for improperly applying an approved tariff increase to customers in bands B, C, D, and…
… 5-step guide for customers to discover their feeder bands Oredola Adeola Ikeja Electric (IE) has introduced 45 distinct feeders across multiple locations designated under the 11kV Band “A” Feeders, aligning with the Nigerian Electricity Regulatory Commission’s updated rates…
…UCH settles over 10% of N494million electricity bills owed to IBEDC Oredola Adeola After three grueling weeks of total power outages, the University College Hospital (UCH), Ibadan, Oyo State, has finally been connected to the national grid, after…
Oredola Adeola General Electric (GE) has completed the spin-off of GE Vernova, its renewable energy, power, and digital businesses, which has begun trading on the New York Stock Exchange (NYSE) under the ticker symbol “GEV” as a standalone company.…
Oredola Adeola The All-Electricity Consumer Protection Forum has given the Nigerian Electricity Regulatory Commission (NERC) a 72-hour ultimatum to withdraw its minor review of tariffs in the Band A category or face court action and a protest…
… says “Affluent Nigerians to pay full electricity tariff “Government electricity subsidy shifts to vulnerable customers from April 2024” Mr. Adetayo Adegbemle, Executive Director of PowerUp Nigeria, a leading voice in Nigeria’s power sector has in this exclusive…
…. new tariff affects only band A electricity consumers The Nigerian Electricity Regulatory Commission (NERC) has greenlit a substantial 300% increase in electricity tariffs for Band A customers across various Electricity Distribution Companies (DisCos). Musiliu Oseni, Vice Chairman of…
Mrs. Folake Soetan, Chief Executive Officer of Ikeja Electric Plc, has been awarded the Outstanding Woman in Energy (Power Sector) by the Women in Maritime & Energy Awards (WIME), in celebration of her exemplary leadership, and advocacy for diversity,…
op-ed by Tiwalade Haastrup On March 16, 2024, Eko Electricity Distribution Company (EKEDC), Nigeria’s leading electricity distribution company commissioned a state-of-the-art 2 X 20 MVA Randle Injection Substation for customers within the Surulere axis of its franchise area. The substation…
Oredola Adeola The Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled the domestic base price (DBP) and wholesale prices of natural gas for 2024, increasing the gas price for power Generation Companies (GenCos) from $2.18mmbtu to $2.42/mmbtu, while…
