Eko Hot Blog reports that the Nigerian Electricity Regulatory Commission (NERC) has unbundled the Transmission Company of Nigeria (TCN) by establishing the Nigerian Independent System Operator of Nigeria Limited (NISO). NERC made this known in a circular dated April 30. TCN is expected to transfer all market and system operation functions to the new company. … Read more
Customers not enjoying 20 hours of electricity supply won’t pay new tariff Minister cites harsh economic realities as reason to halt proposed tariff hike Government implementing new policy to rescue struggling power sector Eko Hot Blog reports that the Minister of Power, Adebayo Adelabu, has pledged that customers who do not currently have access to … Read more
Eko Hot Blog reports that the Nigeria Labour Congress has blamed the International Monetary Fund, IMF, and World Bank for the power sector crisis in Nigeria. This came as workers in the nation’s power sector called for a total review of the power sector privatization, saying the exercise was a huge failure that did not … Read more