EKO HOT BLOG reports that the Nigerian Electricity Regulatory Commission (NERC) has approved an upwards price increase in the price of pre paid electricity meters in the country. In a circular signed and dated 5 September 2023 by the commission’s Chairman and Commissioner Legal, Licencing and compliance, Sanusi Garba and Dafe Akpeneye, respectively, it stated … Read more
EKO HOT BLOG reports that the Benin Electricity Distribution Company (BEDC) has promised to commence the supply of electricity to Ayekire LCDA and Ekiti East LGA after over 10 years of power outage. The development was part of the outcome of a tripartite meeting organised recently by the Ekiti State Government in Ado Ekiti, with … Read more
EKO HOT BLOG reports that Former governor of Kaduna, Nasir El-Rufai, announced during his senate screening that President Bola Tinubu’s vision is to guarantee a consistent power supply throughout Nigeria within seven years. El-Rufai, who was asked by Senator Abdulaziz Yari about his strategies to confront the energy crisis, pointed to Tinubu’s resolution to permanently … Read more
EKO HOT BLOG reports that the Oodua People’s Congress (OPC), has appealed to President Bola Tinubu to halt the proposed increase in electricity tariffs by the Distribution Companies (DISCOs). Mr Wasiu Afolabi, the OPC President, stated this in a statement signed by its General-Secretary, Mr Bunmi Fasehun on Sunday, in Lagos. EDITOR’S PICKS Delta Community … Read more
EKO HOT BLOG reports that the Nigerian Electricity Regulatory Commission (NERC) is anticipating President Bola Tinubu’s approval before announcing a new tariff regime. The review of the Multi-Year Tariff Order (MYTO), conducted biannually, is expected to result in a rate increase due to the devaluation of the Naira following the national currency’s flotation. An unnamed … Read more
EKO HOT BLOG reports that the Abuja Electricity Distribution Company (AEDC) has stated that electricity tariff across its franchise states will increase effectively from July 1 2023. In a terse statement on Sunday night, AEDC stated that the review was due to the fluctuation of the Naira in the exchange rate. EDITOR’S PICKS Shehu … Read more
The NBS has released the CPI and Inflation Report for March 2023. The CPI measures the average change over time in the prices of goods and services consumed by people for day-to-day living. The February headline inflation rate was 21.91%. Eko Hot Blog reports that Nigeria’s headline inflation rate rose to 22.04% in March 2023. … Read more
The Society of Petroleum Engineers (SPE), Lagos, recently celebrated its 50th anniversary. The association used the occasion to discuss the importance of oil and gas to Lagos government’s plan to build a profitable and resilient energy future. The energy commissioner attended the event, saying the state is close to the actualisation of the plan. Eko … Read more
The Lagos government partnered A4&T Power Solution and Ikeja Electric Plc on energy. The partnership led to the flag-off of the development of an interconnected Solar Mini Grid in Eredo, Epe Local Government. The project is expected to deliver two mega-watts of electricity and service five communities. Eko Hot Blog reports that the Lagos State … Read more
EKEDC said there will be a power outage on Lagos Island due to impending maintenance work. The distribution company also apologised to its customers in Lagos and Ogun States over irregular power supply. The company blamed the poor supply on the reduced load capacity from the National Grid. Eko Hot Blog reports that the Eko … Read more
Buhari has directed the SGF and ministers to start preparing transition documents ahead of the 2023 general elections that would usher in a new administration. Eko Hot Blog reports that President Muhammadu Buhari has directed the Secretary to the Government of the Federation (SGF) to continue with the quarterly review process and assessment of ministries … Read more
Electricity Supply Will Improve Before Buhari Leaves In 2023 –Presidency EKO HOT BLOG reports that the Presidency has said President Muhammadu Buhari is determined to ensure that there is significant progress in delivering electricity and power to Nigerians before leaving office in 2023. Speaking on Tuesday during an interview with Channels Television, Presidential spokesman, … Read more
How I Intend To Fix Nigeria’s Power Problem – Atiku EKO HOT BLOG reports that, the presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has assured Nigerians that, if elected, his government will fix Nigeria’s power problem. In recent times, the collapse of the national grid and strike of electricity workers … Read more
Electricity Workers Has Suspended Nationwide Strike After Meeting With Ngige EKO HOT BLOG reports that the National Union of Electricity Employees (NUEE) on Wednesday evening called off its nationwide strike. The union took this decision after an emergency meeting with the Minister of Labour and Employment, Chris Ngige. EDITOR’S PICK Bandits Reportedly Takeover … Read more
Ngige Has Called For An Emergency Meeting Over Blackout EKO HOT BLOG reports that the Minister of Labour and Employment, Chris Ngige, has summoned an emergency meeting with the National Union of Electricity Employees who had shut down services nationwide. The workers embarked on industrial action on Wednesday and withdrew their services from the … Read more
Collapse APC Like They Did To Our Economy –Atiku Urges Nigerians National electricity grid collapsed once again thereby throwing several cities including the federal capital territory into darkness EDITOR’S PICK: 2023: Things To Know As APC Presidential Primary Begins Today (FULL UPDATE) Adamu Behind Plot To Make Lawan Presidential Candidate – APC Govs Allege APC … Read more
FG said it is working hard to improve electricity supply in Nigeria EKO HOT BLOG reports that Abubakar Aliyu, minister of power, has blamed poor power generation and distribution in Nigeria on the continuous collapse of transmission and distribution lines. According to him, the federal government is working hard to improve power supply in the … Read more
…indicating that many citizens in Nigeria depend on generators for electricity. EKO HOT BLOG reports that generators powered by petrol, diesel and gas provide 48.6 per cent of the electricity consumed by power users across the country, according to the latest data obtained from the National Bureau of Statistics (NBS). A document by the NBS … Read more
The FG has increased price of electricity meters. EKO HOT BLOG reports that the Federal Government has increased the cost of both single-phase and three-phase electricity meters beginning from November 15, 2021. This was announced in a circular dated November 11, 2021, issued by the Nigerian Electricity Regulatory Commission and addressed to managing directors, all … Read more
By _ Babatunde Kaka Lawmaker representing Epe Federal constituency at the National Assembly, Hon Tasir Wale Raji, has waded into the problem of erratic power supply besetting some Community Development Associations at some of his Federal Constituencies, Epe local Government and Eredo Local Council Development Areas. The intervention, which sparked elation and jubilation among members … Read more