Nigeria’s Power Sector Seeks $2.5 Billion Recapitalization to Address Shortages-FG
Nigeria's struggling electricity companies are facing a critical shortfall of an estimated N2 trillion ($2.5 billion) in capital, signaling the ...
Tag: power sector
Electricity Tariffs Skyrocket to N10,000 for 100 Units- Expert
The anticipated 40 percent increase in electricity tariffs in Nigeria has raised concerns among consumers. Mr. Abiodun Ogunleye, CEO of ...
Abuja Electricity Distribution Company (AEDC) Reverses Decision on Electricity Tariff Increase.
Abuja Electricity Distribution Company (AEDC) has made a U-turn on its earlier decision to implement an increase in electricity tariffs ...
Electricity Distribution Companies’ Revenue Rises by 20.81% Despite Supply Drop, Reports NBS.
The National Bureau of Statistics (NBS) has released its Electricity Report for the first quarter of 2023, revealing that electricity ...
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