The Federal Government has obtained a $500 million loan from the World Bank to enhance electricity distribution in Nigeria. Amina Othman, Head of Public Communication at the Bureau of Public Enterprises, announced this on Thursday in Abuja. The loan aims to address challenges faced by Distribution Companies (Discos) in the […]
Nigerian Electricity Regulatory Commission
The Federal Government has directed eleven electricity distribution companies (DisCos) not to implement the new electricity tariff for consumption, despite the release of a new tariff regime by the Nigerian Electricity Regulatory Commission (NERC) on Wednesday. The decision to delay the implementation of the new tariff is attributed to the […]