Tag Archives: MYTO

Chairman-Nigerian-Electricity-Regulatory-Commission-NERC-Dr.-Sam-Amadi-360x225

NERC-Power Firms now Free to Fix Tariffs

NERC-Power Firms now Free to Fix Tariffs

Electricity distribution companies can now set their own tariffs based on the cost of operating in their various locations, the Nigerian Electricity Regulatory Commission has said. Although such will be subject to approval by the commission, NERC stated that the Discos would have to interface with their customers before presenting the tariffs to the regulator.

ELECT

Federal Government Misses 5,000Mw Electricity Generation Target

The Federal Government has failed to meet its target of generating and supplying 5,000 megawatts (Mw) of electricity to Nigerians by end of this year. Today is the last day of 2014. Although there is a slight improvement in the generated power, it is still 887.71Mw less than the promised target. But the Transition Electricity

ELECT

AFDB Commits $200m to Coal-to-Power Projects, Says FG

In its determination to deepen the development of the renewable energy, the African Development Bank, AFDB, has offered to provide a support to the tune of about $200 million towards the growth of coal-to-power projects in Nigeria. The Managing Director and Chief Executive of Nigerian Bulk Electricity Trading PLC, NBET, Mr. Rumundaka Wonodi, who disclosed

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Investing in Nigeria’s Renewable Energy Sector

(Source: The Global Legal Post) Despite the challenges, there are attractive reasons for investing in Nigeria’s renewable power sector, including tax and other fiscal incentives. Nigeria, one of Africa’s leading and fastest growing economies, is estimated to have a population of over 170 million people. Nigeria has varying temperatures and natural and physical features within

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