Tinubu’s Presidential Metering Initiative considers bulk procurement of smart prepaid meters
Oredola Adeola The President Bola Tinubu's through the Presidential Metering Initiative (PMI) is making move to embark on bulk procurement of smart meters, the development of indigenous Meter Data…
YEDC, NERC launch Yobe forum office, target prompt resolution of complaints
Oredola Adeola The Yola Electricity Distribution Company (YEDC) and the Nigeria Electricity Regulatory Commission (NERC) have launched Yobe Customers Forum Office in Damaturu, the capital of Yobe State, with a…
Arbitrary billing: FCCPC backs NERC N10.5bn fine on DisCos
Oredola Adeola The Federal Competition and Consumer Protection Commission (FCCPC) has thrown its support behind the Nigerian Electricity Regulatory Commission (NERC) for imposing a N10.5 billion fine on…
Electricity Act (Amendment) 2024: GenCos to set aside 5% for host community development
Oredola Adeola The Electricity Act (Amendment), 2024, mandating 5 percent of the actual annual operating expenditures of electricity generation companies (GENCOs) from the preceding year be allocated for the…
Local Content: Senate Committee to summon IOCs, agencies for economic diversification beyond crude oil
Oredola Adeola The Natasha Akpoti-Uduaghan-led Senate Committee on Local Content is set to summon international oil companies and relevant government agencies to ensure they contribute significantly to the…
NERC sanctions 11 DisCos over non-compliance with capping of estimated bills for unmetered customers
Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has placed a heavy sanction on all eleven electricity Distribution Companies (DisCos) with a total fine of N10.5 billion for failing…
FG proposes settling domestic gas in Naira to tackle frequent power outages
Oredola Adeola The Nigerian government has taken a strategic step to address a critical gas supply shortage threatening the operation of electricity generation companies (GenCos) with the proposal before…
Oyedele fiscal policy Committee teams up with NEITI to drive oil, gas, extractive industry transparency
Oredola Adeola The Presidential Committee on Fiscal Policy and Tax Reforms (PCFPTR) has agreed to partner with the Nigeria Extractive Industries Transparency Initiative (NEITI) to leverage the findings…
NLC, TUC give FG 14 days to lessen economic impact of fuel price hike, Naira devaluation
Oredola Adeola Following the Federal Government's failure to implement the 16-point agreement agreed on October 2, 2023, the Nigeria Labour Congress and the Trade Union Congress have given…
NNPC Ltd. finally agrees to CBN oversight of oil sales revenue
Oredola Adeola The Nigerian National Petroleum Company Limited (NNPC Ltd.) has agreed to the Federal Government's directive for the Central Bank of Nigeria (CBN) to oversee the management…
