Nigeria Bulk Electricity Trading Company (NBET)

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FG To Sustain Electricity Tariffs’ Subsidy, Despite Review – NERC

The Nigerian Electricity Regulatory Commission (NERC) has approved electricity tariffs hike, effective January 1 2024, following a review of the Multi Year Tariff Order (MYTO), in order to enable the 11 electricity distribution companies (DisCos) to sustain their operations nationwide. The Chairman of NERC, Sanusi Garba, who made this disclosure on Wednesday during a media […]

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Reps Flaw Proposed Transfer Of NBET To Finance Ministry

The House of Representatives Committee on Power on Wednesday described as illegal President Muhammadu Buhari’s directive that the Nigeria Bulk Electricity Trading Company, NBET should become an agency under the Ministry of Finance. The Chairman of the House Committee on Power, Hon. Magaji D’au Aliyu, pointed out during the 2021 budget defence session at the […]