Tag:NERC

FG will continue to subsidise electricity – Minister

The Minister of Power, Mr Adebayo Adelabu, says the Federal Government will continue to subsidise electricity for Nigerians ,to guarantee stable and reliable supply. Adelabu...

FG raises electricity tariff from N66 to N225 per kilowatt-hour

The Nigerian Electricity Regulatory Commission has approved an increase in electricity tariff for customers under the Band A classification. The Vice Chairman, NERC, Musliu Oseni,...

11 DisCos fined N10bn over estimated billing

The Nigerian Electricity Commission (NERC) on Friday fined 11 Electricity Distribution Companies (DisCos) the sum of N10,505,286,072 for failure to adjust the bills of...

FG Paid N36bn For Electricity Subsidy In 3 Months

The Nigerian Electricity Regulation Commission (NERC) has said the federal government paid the sum of N36bn to subsidise electricity consumption in the first quarter...

JUST IN: FG increases electricity tariff

The regime of President Muhammadu Buhari has announced an upward review in electricity tariff for power distribution companies. This was contained in the data presented...

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CBN to retire 1,000 employees with N50bn severance package

The Central Bank of Nigeria is reported to be preparing to retire approximately 1,000 employees as part of a...
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U.S. President Biden pardons son as Trump slams ‘miscarriage of justice’

U.S. President Joe Biden on Sunday said he has pardoned his son, Hunter Biden, even after promising previously that...

Adeyanju: Fisayo Soyombo’s Arrest to Conceal Navy’s Role in Oil Bunkering

Activist lawyer, Deji Adeyanju, on Friday condemned the Nigerian Army’s statement regarding the arrest of investigative journalist, Fisayo Soyombo,...

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CBN to retire 1,000 employees with N50bn severance package

The Central Bank of Nigeria is reported to be...

U.S. President Biden pardons son as Trump slams ‘miscarriage of justice’

U.S. President Joe Biden on Sunday said he has...