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…

5 months ago

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…

1 year ago

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),…

2 years ago

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…

3 years ago

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…

3 years ago

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