Business Hilights

Tracking Nigeria's Headline Business News Online

Nigeria Electricity Regulatory Commission (NERC)

NERC plans strange variations in power supply, tariff regime on new hike

If the revelations of the chairman of Nigeria Electricity Regulatory Commission (NERC), Prof James Momoh on Monday, is anything to takeaway, it means that the Nigeria poor should get ready to receive and pay for poor quality of electricity which…

2022 too far for upgrading wheeling capacity to 20,000 MW, TCN told

The Organised Private Sector (OPS) has described the recent position of the Transmission Company of Nigeria (TCN), that it has concluded plans to increase Nigeria’s wheeling capacity from 8, 000 to 20,000 megawatts by 2022 as bad news. Recall that…

FG’s hike in electricity tariff by 50% worrisome without commensurate power

Strong indication has suggested that directive from the Nigeria Electricity Regulatory Commission (NERC) to electricity Distribution Companies (DisCos) ordering them to hike their tariffs by an average of 50 per cent come April 1 is a way of running away…

Nationwide protests loading as FG succumbs to ANED’s pressure to hike tariff

Majority of Nigerian electricity consumers are warming up to track down the Federal Government should it further with the plan to dance according to the tunes of electricity distributors under the aegis of Association of Electricity Distributors of Nigeria (ANED)…

We can’t be silenced considering our $1.4b investment, DisCos tell Minister

Contrary to the spirit of the latest Communiqué issued by Nigeria Electricity Regulatory Commission (NERC), barring the Association of Nigerian Electricity Distributors (ANED) from denigrating the Minister of Power, Works and Housing, Babatunde Fashola on critical industry issues, the Association…

Shell’s Afam VI power plant in Rivers State to pump 624MW to power grid

The Managing Director of Shell Petroleum Development Company of Nigeria Limited (SPDC) and Country Chair, Shell Companies in Nigeria, Mr. Osagie Okunbor has assured that plans are nearing completion on the delivery of 624 megawatts to the national grid from…