Local News

Nigeria Exports ₦181.62b Electricity in 9 Months

Nigeria exported N181.62bn worth of electricity from January to September of 2024, analysis of data from the National Bureau of Statistics (NBS)...

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RSA Holders Transfer ₦1.41tr in 16 Quarters –PenCom

Data from the National Pension Commission has shown that 312,771 Retirement Savings Account holders have moved about N1.41tn from one Pension Fund...

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NERC Transfers Regulatory Oversight to Ogun Electricity Commission

Nigerian Electricity Regulatory Commission (NERC) has transferred electricity regulatory authority to Ogun State Electricity Regulatory Commission (OGERC) in jurisdictions within the state....

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Two Million Meters for Consumers on Estimated Billing

The Federal Government intends to purchase and distribute two million pre-paid meters to electricity users on estimated billings before the end of...

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FG Pleads With Nigerians to Protect Power Infrastructure

The Minister of Power, Adebayo Adelabu, has begged Nigerians to own the power infrastructure in their areas and ensure its protection from vandals....

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Govt Budgets ₦1tr for 468 Roads Construction, Rehabilitation

The Federal Government through the Ministry of Works plans to rehabilitate and construct a total of 468 roads and highways across the...

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Discos Reject 10% Load Offtake as ATC & C Losses Rise 4% in Q3

The perennial challenge of ‘load rejection’ by electricity Distribution Companies (Discos) in Nigeria continued in the third quarter of 2024, with the...