Category: Power

‘It’s 547k, No, It’s 572k;’ Power Minister, NERC Bicker Over 2024 Metering Data

ADEOLA YUSUF

    . ‘Crazy billing,’ Customers Woes Worsen As Metering Drops To 4-Year Low . Figures Shouldn’t Lie; what Adelabu said vs. What NERC said     Amidst the dip in metering to a four-year low, the power Minister, Adebayo Adelabu, and the Nigerian Electricity Regulatory Commission (NERC) have flaunted contradicting data on the program for 2024. Checks by Platforms Africa showed that while Mr. Adelabu stated that over 572,050 meters had been deployed under the National Mass Metering Programme (NMMP) in 2024, the sector regulator clearly stated that the…

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‘Oyebanji, Adelabu, Kyari, Soneye, Andy Odeh, Others,’ Who-Won-What At energyTIMES Awards

Ganiyu Amodu

Biodun Oyebanji, Governor of Ekiti State; Adebayo Adelabu, Minister of Power; Engr. Mele Kyari, former Group Chief Executive Officer of NNPC Limited; Olufemi Soneye, Chief Corporate Communications Officer of NNPC Ltd; and Andy Odeh, former General Manager, External Relations and Regulatory Compliance at Nigeria LNG Limited (NLNG), were among the leading energy stakeholders recognized at the second edition of the energyTIMES Awards. Platforms Africa reports that the event, held in Oriental hotel, Lagos, honored exceptional individuals and organizations spearheading excellence and innovation in Nigeria’s energy sector. Kola Adesina, Group Managing…

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‘Crazy Billing Angers The gods,’ Masquerade Leads Protest Against IBEDC

Ganiyu Amodu

Residents of Omu-Aran, a community in Kwara State’s Irepodun Local Government Area, took to the streets in protest on Friday, led by traditional masquerades, over contentious electricity billing issues. The protest centered around the sudden reclassification of their community’s electricity billing from Band C to Band A, resulting in significantly increased bills for March 2025. Protesters, adorned in traditional attire alongside placards bearing messages such as ‘Omu-Aran Says No to Band A’ and ‘Bring Us Back to Band C’, gathered at Bareke Roundabout amidst chants and traditional war songs. According…

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NERC Slams N628.03m Fine On Eight DisCos + FULL LIST

Ganiyu Amodu

The Nigerian Electricity Regulatory Commission (NERC) has fined Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola Electricity Distribution Companies the sum of N628.03million for non-compliance with the capping of estimated billing for unmetered customers. The commission conveyed the sanction in a release on Thursday. It explained that the action was sequel to a review of billing practices between July and September 2024, which revealed that the affected DisCos failed to adhere to monthly energy caps issued by NERC. The fines represent five per cent of the gross overbilling during…

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60% Manufacturers Forced Off-Grid By Unreliable Power Supply – Adelabu

Ganiyu Amodu

Nigeria’s power crisis has reached a critical point, with over 60% of manufacturing companies in the country forced to disconnect from the national grid. These businesses have turned to self-generation to meet their energy needs, driving up production costs and making Nigerian goods increasingly uncompetitive on the global market. This alarming revelation was made by the Minister of Power, Adebayo Adelabu, during the unveiling of the National Integrated Electricity Policy (NIEP) and the Integrated Resource Plan (IRP), in collaboration with the United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF). Adelabu warned…

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‘In Three Months,’ DisCos Rake In ₦509.84 Billion From Customers

Damilola Olonade

‘Eko (90.00%), Ikeja (82.63%), Others,’ who-collected-what details NERC gives about the 2024 Q4 fiscal The eleven electricity distribution companies in Nigeria raked in N509.84 billion in the last quarter of the year 2024. Platforms Africa reports that the Nigerian Electricity Regulatory Commission (NERC), which declared this in its “Quarterly Report 2024,″ maintained that the development translated to a collection efficiency of 77.44%. The revenue on token and post-paid billing in the three months of October, November and December 2024 is out of the N658.40 billion that was billed to customers…

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Firm Deepens CSR Investment With Solar Lights, Others In Host Community

Ganiyu Amodu

Multisub Energy Limited, an indigenous Oil and Gas exploration and production company, in partnership with the Olure Host Communities’ Development Trust (OHCDT) has commissioned a school furnishing project in Eghoro Community and the installation of 70 street lights in Safa/Ogbin bloc of communities, in Warri North LGA, Delta State. The Abokunwa Primary School in Eghoro was equipped with 50 students’ desks, teachers’ tables and chairs, magic boards and a 120-meter walkway to improve access to quality education in the area. Speaking at the event Chairman and Managing Director of Multisub,…

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Axxela Reaffirms Commitment to Energy Security, Industrialisation, Sustainability

Ganiyu Amodu

Axxela Limited, a gas and power solutions provider in sub-Saharan Africa, has reiterated its commitment to enhancing energy security, driving industrialisation, and promoting environmental sustainability in Lagos State. Axxela made this pledge during a visit to Lagos State Governor, Babatunde Sanwo-Olu, at the Lagos House, Marina. Through one of its subsidiaries, Gaslink Nigeria Limited, Axxela has pioneered private-sector natural gas distribution, significantly expanding gas infrastructure in Lagos by over 170m spanning key industrial hubs, including Ikeja, Ilupeju, Isolo, Ijora, Apapa, Tin Can, Victoria Island, and Eko Atlantic. With ongoing expansion…

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NERC Moves Oversight To Plateau State Regulatory Commission

Ganiyu Amodu

The Nigerian Electricity Regulatory Commission, has issued an order to transfer its regulatory oversight of the electricity market in Plateau State to the Plateau State Electricity Regulatory Commission (PSERC). The development is in compliance with the amended Constitution of the Federal Republic of Nigeria (CFRN) and the Electricity Act 2023 (Amended),the Commission said in a statement on Friday. With the EA 2023, the Commission retains the role as a central regulator with regulatory oversight of inter-state/international generation, transmission, supply, trading and system operations. The EA also mandates any state that…

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Angry Trump Calls Canada ‘Tariff Abuser’ After Electricity Surcharge

Abibat Babalola

President Donald Trump called Canada a “tariff abuser” Monday and claimed the United States did not need Canadian energy after the province of Ontario imposed an electricity surcharge on three US states. The leader of Ontario, Canada’s most populous province, said earlier Monday that it was adding a 25 percent surcharge on electricity exports to Michigan, Minnesota and New York — where it powers 1.5 million homes and businesses. “Ontario just announced a 25% surcharge on ‘electricity,’ of all things,” Trump said, claiming the province was “not even allowed to…

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