The latest data on the electricity generation trend has shown that the available generation capacity in Nigeria’s power sector dropped again in 2022. It crashed from the 6,336.52 megawatts recorded in 2021 to 5,346.82MW last year. Also, Read More
Tags :Electricity Consumption
The Nigerian Electricity Regulatory Commission has said that power consumers paid a total of N210.17bn to distribution companies in the fourth quarter of last year. In its Quarterly Report for Fourth Quarter 202, NERC noted Read More
Namibia is creating clean energy sources to tackle its electricity problems through its newly developed hydrogen power systems. A senior executive at HDF Energy shared that the new green hydrogen power plant in Namibia, Africa’Read More
A breakdown of the statistics sourced from the joint body of generating companies has disclosed that the capacity of the 11 electricity distribution companies to absorb more power generated grew by almost 19 percent since the sector Read More
Industry statistics has shown that the combined generation capacity of Nigeria’s 26 power plants has dropped by 70 per cent. According to the latest data sourced from the Nigeria Industry Supply Industry, the capacity of the Read More
A joint report put together by a research firm and a financial institution has shown over 40 percent of households in Nigeria own and use generators to meet their electricity requirements. According to the report it Read More
Report released by the National Bureau of Statistics has shown that the Nigeria Electricity Distribution Companies metered about 3.51 million customers in 2020. The report presents statistics on electricity from 2015 to 2020 and focuses on customer numbers, metered Read More
Between January and September 2021, the Federal Government has said that power generation companies were paid a total of N311.1bn after providing an invoice of N614.6bn for electricity supplied. However, the government had to Read More
Nigeria’s power generation companies have suffered a loss of N1.66 trillion in seven years as a result of non-payment for deemed capacity. The Executive Secretary, Association of Power Generation Companies, the umbrella body for Read More
The Federal Government has said that the amount spent on subsidising electricity in the country every month in Nigeria is now about N30 billion. The reduction by N20 billion, according to the government, is following Read More
