Business Hilights

Tracking Nigeria's Headline Business News Online

Electric Power Sector Reform Act

‘FG should tie April new electricity tariff regime to total metering of customers’

…As NECA says proposed hike necessary For the fact the ‘December 2019 Minor Review of Multi-Year Tariff Order 2015 and Minimum Remittance Order for the Year 2020,’ recently released by the Nigerian Electricity Regulatory Commission (NERC) indicates that new tariff…

Discos licences hang in balance as NERC’s window expires

The only thing that will reassure Nigerians that the Federal Government, through the electricity regulatory agency, the Nigerian Electricity Regulatory Commission (NERC), has no hand in the poor services delivery of Discos is to wield the big stick following the…

Gencos copies Buhari, Osinbajo petition to NERC, says 0.75% charge toxic

The crisis rocking the nation’s energy sector may be multiplying following the copying of a recent petition written by the body of power generation companies to the Presidency and other relevant agencies of government. The body had before the end…

Can Fashola’s strange advice on direct purchase from Gencos boost or kill Discos?

The recent advice from the Minister of Power, Works and Housing, Mr. Babatunde Fashola, to eligible power consumers to purchase electricity directly from power generation companies has generated serious confusion in the industry. The Minister last week empowered the consumer…