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Nigeria Electricity Supply Industry 2020: The Story So Far

admin July 29, 2020 412 5


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The year 2019 ended on a high for the Nigerian electricity industry, The Siemens power deal was signed. The first phase of the deal was approved in May 2020, but progress seems to be stalled as Nigeria much like the rest of the world face a global pandemic.   

Earlier in the year, as an avenue to reduce consequential debt in the supply chain, NERC issued an ultimatum to the DisCos to ensure all customers are metered. This also came with a restriction on the estimated billing of unmetered customers. On political interference, Minister of Power sacked TCN MD disregarding the appropriate procedures for removal. This is not the first-time unjust removal within the power industry has occurred, and signs show it might not be the last…

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