
Lagos State Governor Babajide Sanwo-Olu has signed the Lagos Electricity Bill 2024 into law, marking a significant step toward achieving 24-hour electricity supply across the state by enabling autonomous generation, transmission, and distribution of power under the Electricity Act 2023. The signing ceremony took place on Tuesday at the Lagos House, Ikeja. Gboyega Akosile, the […]
The Nigerian Electricity Regulatory Commission (NERC) says the cumulative electricity subsidy for 2024 may increase to N2.4 trillion. Yusuf Alli, commissioner of planning, research, and strategy at the NERC, spoke on Thursday at the PricewaterhouseCoopers’ (PwC) annual power and utilities roundtable in Lagos. Alli said the subsidy fluctuated due to challenges with foreign exchange and […]
Nigeria’s power transmission company, TCN, has spent N8.8 billion to repair electricity transmission towers attacked by vandals and bandits across the country. The Managing Director of TCN, Engr Suleiman Abdulaziz, revealed this at the Quarterly Power Sector Working Group meeting in Abuja in a statement issued by the Special Adviser to the Minister for Power […]
The West African Power Pool (WAPP), a specialised institution of the Economic Community of West African States (ECOWAS) has declared that access to electricity supply remains a fundamental human right. WAPP covers 14 of the 15 countries of the regional economic community, including Nigeria, Benin, Côte d’Ivoire, Burkina Faso, Ghana, Gambia, Guinea, Guinea Bissau, Liberia, […]