Tag: #NigeriaPowerSector
-
POWER SECTOR URGED TO ADOPT TARGETED SUBSIDIES TO PROTECT VULNERABLE NIGERIANS
Lamu Audu, Managing Director of Mainstream Energy Solutions and Board Member of Nigeria Independent System Operator, urged adoption of targeted electricity subsidies at the 5th Annual Power Correspondents Association conference in Abuja. He stressed that targeted subsidies protect vulnerable Nigerians while reducing harmful market distortions compared to blanket subsidies. Audu emphasized that balancing cost-reflective tariffs…
-
NERC APPROVES N28 BILLION FOR FREE ELECTRICITY METERS TO BAND A AND B CUSTOMERS
Nigerian electricity users get a boost as NERC releases N28 billion to provide free prepaid meters, closing the huge metering gap and enhancing transparency in billing. The Nigerian Electricity Regulatory Commission (NERC) has approved N28 billion to supply free meters to all unmetered Band A customers and to expedite metering for Band B customers. This…
