Tag: NBET
NBET to exit electricity market as NERC licences multiple firms
The Nigerian Bulk Electricity Trading Plc (NBET) is set to exit the electricity market as the Nigerian Electricity Regulatory Commission (NERC) licences multiple firms.
The...
CBN, NBET, power firms owe NDPHC N180bn
The debt profile of Nigeria’s power system to the Niger Delta Power Holding Company (NDPHC) stands between N150 billion and N180 billion.
Managing Director of...
Azura power: Reps summon ministers over $33m monthly payment
The House of Representatives has invited the Ministers of Power and Finance and heads of Bureau of Public Procurement (BPP), Niger Delta Power Holding...
NERC denies fresh electricity tariff increment
The chairman of the Nigerian Electricity Regulatory Commission (NERC), Mr. Sanusi Garba, says the commission has not approved any new tariff rate review in...
Grid collapse: CBN earmarks N104bn to stabilise electricity supply
The Minister of Power, Abubakar Aliyu, has said that the Central Bank of Nigeria (CBN) has provided N104 billion ($250 million) for the rehabilitation...
