Nigeria’s electricity customers have been expecting a tariff increase since 2015 while several nations have incrementally increased their tariffs. Nigeria’s electricity customers dread the reality of an increase in tariffs especially without receiving adequate electricity supply. The tariff increase has been postponed a few times this year already; The most […]
The Siemens Nigeria Power Deal was introduced to rehabilitate and then expand Nigeria electricity supply by 25,000 by 2025. In May 2020, Federal Government approved the release of funding for the first part of Phase 1 of the PPI, to kick-off the pre-engineering and concession financing workstreams. In this episode, […]
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 […]
As the liquidity crisis looms, electricity theft contributes to the inadequate provisions to advance the Power value chain. The Nigeria Electricity Regulatory Commission (NERC) found that sabotage of electricity was responsible for between 30 – 35 per cent of energy loss in the country.
Since its inception, the meter asset provider scheme has faced different phases of challenges, causing the rollout of meters to customers to stall – the most popular being the 35% hike in import duties for meters last year. Recently, the regulator increased the price of the meters by 23% due […]
Often, the public is inundated with news on how the non-payment of gas threatens to collapse the entire power sector. It is however not explained in detail, the relationship between the different sub-sectors that make up the power sector value chain and the electricity retail tariff. In this episode, Prof. […]
