FG’s Electricity Subsidies Rise To N199.64bn In Dec — NERC

Monies paid by the Federal Government as electricity subsidies increased to N199.64 billion in December 2024, according to data sourced from the Nigerian Electricity Regulatory Commission. The recently released “December 2024 Multi-Year Tariff Order” report reveals that electricity subsidies increased by 2.76% to N199.64 billion in December, up from N194.26 billion in November. The Nigerian…

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National Grid Collapses For Second Time In Three Days

The national grid has collapsed for the second time in three days, leading to blackouts in several parts of the country. At 11:30 a.m., electricity generation fell to zero megawatts, impacting generation businesses nationwide, according to a check on the Nigerian System Operator’s webpage (niggrid.org). This was confirmed by a few electrical distribution businesses on…

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FG Approves 50% Electricity Grant for Public Health Facilities

The Federal Government has granted public hospitals a nationwide 50% electricity subsidy. Tunji Alausa, the Minister of State for Health and Social Welfare, made this announcement on Thursday at the National Neo-Psychiatric Hospital in Barnawa, Kaduna State. The solarisation project at the dialysis unit, which includes a solar-powered borehole and a 10.2 KVA inverter at…

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FG Demands REA to Provide Nigerians with Greater Access to Electricity

Vice President Kashim Shettima has charged the Rural Electricity Agency (REA), to double efforts to accelerate Nigeria’s journey towards universal electricity access and ensure Nigerians get more access to power supply. In order to gain access to state governors and involve them in the effort to electrify villages across the nation, he thus approved REA’s…

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FG Inaugurates $500M Power Transmission Project for Lagos-Ogun Industrial Corridor

A $500 million intervention project by the Japanese International Cooperation Agency has been launched by the Federal Government to fortify the electricity transmission infrastructure along the Lagos-Ogun industrial corridor. This was revealed in a statement released on Friday by Bolaji Tunji, the Minister of Power’s Special Advisor on Strategic Communication and Media Relations. With a…

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