The Niger Delta Power Holding Company (NDPHC) has disclosed that the Central Bank of Nigeria and the Nigeria Bulk Electricity Trading Company (NBET) are currently indebted...
The Federal Government paid a total of N36 billion to subsidise electricity consumption in the country in the first quarter of 2023, the Nigerian Electricity Regulation...
The Nigerian Bulk Electricity Trading (NBET) said on Sunday the country’s power distribution companies (Discos) failed to clear the N416.94 billion incurred for electricity purchased from...
President Muhamadu Buhari on Monday approved the appointment of Mr. Nnaemeka Eweluka as the Managing Director/Chief Executive Officer of the Nigerian Bulk Electricity Trading (NBET). The...
Power generation companies (Gencos) have petitioned Nigerian Electricity Regulatory Commission (NERC), the Presidency and other relevant agencies of government over over a recent administrative charge imposed...
Nigerian Bulk Electricity Trading Plc (NBET) and its Managing Director, Marilyn Amobi, have come under the microscope of the House of Representatives for alleged involvement in...
The Nigeria Bulk Electricity Trading Plc. NBET, is owing power generation companies in the country N364.11 billion for the electricity they generated sold and fed into...
The poor remittance levels of the 11 electricity distribution companies (Discos) in Nigeria’s privatised power market may have defeated the aim of the N701 billion bailout...
The Nigerian Electricity Regulatory Commission (NERC) has lamented poor remittances by electricity distribution companies to the Nigerian Bulk Electricity Trading Plc (NBET) for the energy sold...
There are indications that the Federal Government is set to begin fresh negotiations with preferred bidders for three power generation plants of the National Independent Power...
Power distribution companies in the country failed to remit a total of N158.98bn to the Nigerian Bulk Electricity Trading Plc for the invoices given to them...
THISDAY has exclusively obtained documents at the weekend, which provide details on why progress has been quite slow on the consummation of outstanding deals and construction...
The much famed N701.9 billion Payment Assurance Fund (PAF) meant to provide more liquidity for Generation Companies (GenCos) to pay for gas and increase electricity supply,...
If the government’s promise is anything go by, relief is on the way for electricity consumers in Nigeria as Acting President Yemi Osinbajo said the Federal...
The Minister of Power, Works and Housing, Babatunde Fashola, has called on Distribution Companies (DISCOs) to stop grumbling and blaming infrastructure for their failures to render...
In its efforts to increase power supply in the country, the Federal Government on Thursday signed agreements that will add more than 500 megawatt to the...
Solar power consumption may soon be captured in the electricity tariff regime, Ripples Nigeria has learnt. The final details of this proposal is being worked out...
