The Enugu Electricity Distribution Company (EEDC) is facing heavy criticism from state governments after it drastically cut power supply to MainPower Electricity Distribution Limited (MEDL), leaving parts of Enugu State …
Electricity Tariff
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BusinessEconomyEnergyGOVERNMENTInfrastructureNewsNigeriaPoliticsPower Sector
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Eastern AfricaEconomyELECTRICITYEnergyGOVERNMENT
Kenyans Pay More as IPPs Sell Costlier Electricity Than KenGen
Electricity users in Kenya are facing the burden of inflated power prices due to expensive contracts signed between Kenya Power and Independent Power Producers (IPPs), even though the private producers …
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EconomyELECTRICITYEnergyGOVERNMENTInfrastructureINVESTMENT
Adelabu Raises Alarm as Power Subsidy Hits ₦200 Billion Monthly, FG Owes GenCos ₦4 Trillion
The Minister of Power, Chief Adebayo Adelabu, has again raised concerns over the growing cost of electricity subsidies in Nigeria, warning that the current approach is not sustainable. According to …
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EconomyELECTRICITYEnergyGOVERNMENTNigeriaPolicies
Tinubu to Meet Power Firms as FG Moves to Tackle N4tn Electricity Sector Debt Crisis
President Bola Tinubu is expected to meet with the leadership of Nigeria’s power-generating companies (GenCos) in a high-level intervention aimed at addressing the N4tn debt threatening the country’s already fragile …
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EconomyEnergyGOVERNMENTInfrastructurePolicies
Nigeria cuts electricity subsidies by 35% after tariff hike
The Federal Government says it has successfully reduced electricity subsidies by 35% following a new electricity tariff hike that was introduced last year for high-power consumers. Nigeria’s Minister of Power, …
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EnergyGOVERNMENTInfrastructureNigeria
Hamzat Laments ‘Crazy Billing’ as Electricity Bill Jumps from N2.7m to N29m, Despite Prepaid Meter Purchase
The Deputy Governor of Lagos State, Dr. Obafemi Hamzat, has expressed outrage over what he described as “crazy electricity billing” after his residence received a staggering N29 million power bill …