Home Electricity Act 2023

Electricity Act 2023

6 News
Lagos electricity market
Energy & OilTop stories

States Take Charge: Power Regulators Prepare to Negotiate Fair Electricity Tariffs Amid Discos’ Resistance

Amid an intensifying debate over electricity pricing, commissioners overseeing energy in Nigeria’s 36 states have publicly expressed their willingness to engage with power...

Energy & OilTop stories

Enugu State Leads Push to Reduce Electricity Tariffs amid Industry Concerns

Following a decisive action by the Enugu Electricity Regulatory Commission (EERC) to lower electricity tariffs for Band A customers from N209 to N160...

Energy & OilTop stories

Seven Nigerian States Assume Control of Electricity Regulation Under Tinubu’s Electricity Act

Power sector stakeholders have expressed a mix of optimism and concern as seven Nigerian states officially take over the regulation of electricity markets...

Energy & Oil

Power Sector Records N700 Billion Revenue Surge in 2024 – Minister Adelabu

Nigeria’s power sector witnessed a remarkable financial turnaround in 2024, generating an additional N700 billion in revenue—a 70 percent increase compared to 2023....

News

NDPHC Seeks Presidential Aid Amidst N4 Trillion Power Debt Crisis

The Niger Delta Power Holding Company (NDPHC) has issued a critical plea for presidential intervention, highlighting a staggering N4 trillion debt owed to...

Electricity Market Control, Electricity Bill
Energy & Oil

State Power Takeover: NERC Sets July 2025 Deadline for Electricity Market Control

The Nigerian Electricity Regulatory Commission (NERC) has issued a firm deadline: state electricity regulatory commissions must fully assume oversight of their respective electricity...