Nigerian Electricity Regulatory Commission Inaugurates Working Groups for New Electricity Act Implementation

Nigerian Electricity Regulatory Commission Inaugurates Working Groups for New Electricity Act Implementation

The Nigerian Electricity Regulatory Commission (NERC) has inaugurated three working groups tasked with implementing the new Electricity Act of 2023. President Bola Tinubu signed the new Act in June 2023, granting states the authority to generate and regulate power in their domains by removing electricity from the exclusive list.informationguidenigeria Chairman of NERC, Sanusi Garba, inaugurated … Read more

Electricity subsidy gulps N376bn, consumers pay N783bn

Electricity subsidy gulps N376bn, consumers pay N783bn

The Federal Government of Nigeria has expended a total of N375.8 billion on electricity subsidies from January to September 2023, according to a report by Okechukwu Nnodim and Edidiong Ikpoto. During this same period, power consumers in the country paid a total of N782.6 billion for electricity, despite experiencing blackouts in many regions.JAMB Result This … Read more