Eko Hot Blog reports that the Ikeja Electricity Distribution Company has announced a reduction in the price of electricity tariff for Band A customers. Ikeja Electricity Distribution Company announced the development on Monday in a memo on its official X account. The Company disclosed that the kilowatt electricity tariff for Band A customers was reduced from … Read more
Just like in other sectors, Nigeria’s power sector faces several challenges. Despite numerous policy interventions by successive administrations, little to no progress has been made. From the era of Nigeria Electricity Power Authority (NEPA) to Power Holding Company of Nigeria (PHCN), and now with Distribution Companies (DisCos), the promised transformation has failed to materialize, leaving … Read more
Eko Hot Blog reports that the Governors of the 36 states have united to address the issue of unreliable power supply in the country. According to reports, the Governors have agreed to take action to break the monopoly held by Discos in power distribution. Editor’s Picks Clean Sweep: APC Secures Landside Victory In Latest LG … Read more
Eko Hot Blog reports that the Nigerian Electricity Regulatory Commission (NERC), has explained that not all Nigerians would be affected by the recently-announced increase in electricity tariff by the government. The Federal Government, via the Nigerian Electricity Regulatory Commission (NERC), approved an increase of 300 per cent in electricity tariff for some consumers as revealed … Read more
Eko Hot Blog reports the Socio-Economic Rights and Accountability Project (SERAP) has announced plans to sue the government of President Bola Tinubu over the increase in the price of electricity tariff. Recall that had the federal government had earlier announced an increase in the kilowatt price of tariff from about N68 to N225 per kilowatt. … Read more
Eko Hot Blog returns to the Minister of Power, Adebayo Adelabu, is set to dump Accord Party (AP) and return to the All Progressives Congress (APC). Adelabu, a former Deputy Governor of the Central Bank of Nigeria (CBN), left APC during the build-up to the Oyo 2023 elections after losing to Senator Teslim Folarin at … Read more
EKO HOT BLOG reports that the Samuel Ladoke Akintola Airport in Ibadan, Oyo State have resumed flight activities after the facility was closed briefly by the Federal Airports Authority of Nigeria. This news medium had earlier reported that the Federal Government closed the airport as it carried out investigations into the private jet accident that … Read more
EKO HOT BLOG reports that Minister of Power, Adebayo Adelabu on Saturday allayed fears about his safety following Friday’s air crash near the Ladoke Akintola Airport in Ibadan, Oyo State. A source close to the Minister told the News Agency of Nigeria (NAN) in Ibadan that Adelabu was in good spirits and not perturbed by … Read more
Eko Hot Blog reports that the Federal government has disclosed plans to expand the generating capacity in the power sector to 20,000 megawatts by 2026 and 60,000 megawatts of electricity by 2060. According to the Minister of Power, Adebayo Adelabu, the President Bola Tinubu-led government is working towards short and long-term plans for the ministry … Read more