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Tag Archives: Electricity

13 electricity companies risk disconnection from national grid over payment failures- FG

The Federal Government through the Transmission Company of Nigeria (TCN) will disconnect 13 electricity companies from the national grid. Punch reports that the disconnection plan is because of the failure of the affected companies to make remittances of ancillary services bills. As a result of the planned disconnection, electricity consumers being served …

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Nigeria Gets US$500mn from World Bank to Bridge 43% Energy Deficit

The World Bank has approved $500m to help boost access to electricity in Nigeria and improve the performance of the electricity distribution companies in the country. In a statement issued on Friday titled, ‘Nigeria to Improve Electricity Access and Services to Citizens,’ the World Bank said financial support would be …

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Buhari Speaks on New Prices for Petro, Electricity

President Muhammadu Buhari Monday in Abuja assured Nigerians of the willingness and determination of the Federal Government to provide stable electricity to every home and industry, while considering the economic challenges before individuals, families and businesses, explaining that “implementation of a Willing buyer, Willing Seller Policy for the power sector …

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