Banking Economy News Extra Latest News Power/Electricity

FG To Hike Power Tariff From December, Starts Free Meter Purchase

Electricity consumers in the country are expected to pay more following plans by the Federal Government to soon review upwards the power tariff in line with the Multi Year Tariff Order (MYTO). This  is even as the Nigerian Electricity Regulatory Commission (NERC) on Wednesday confirmed  government had commenced the procurement of four million meters for […]

Economy News Extra Latest News Power/Electricity

GenCos Lament Policy Constraints To Capacity Optimisation

Power generation companies (GenCos)  in the country have decried some of the regulatory policy regime on the sector which now made it impossible for their plants to operate optimally and threatening their investments. Making the position of the GenCos known in an email to some journalists, the Executive Secretary, Association of Power Generation Companies (), […]