Power crisis: FG turns to banks for $23bn lifeline

In a bid to end age-long power woes, the Federal Government is in talks with commercial banks and other investors to fund its ambitious universal electricity access, which requires a whopping $23.2bn investment. It was reported  that Nigeria will require $23.2bn of aggregate investment to achieve the planned universal electricity access in five to 10…

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Consumers kick as FG plans fresh power tariff hike

The Federal Government is considering adjusting electricity tariffs to address disparities in the current billing system, particularly for customers outside the Band A category, aiming to enhance liquidity in the Nigerian Electricity Supply Industry. This proposed hike would align tariffs for Band B and C customers with the N206/kW rate paid by Band A customers,…

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7 Shocking Mistakes That Are Raising Your Electricity Bill

Many Nigerians are struggling with rising electricity bills, often wondering why their costs increase month after month. While various factors contribute to electricity pricing, many consumers unknowingly engage in habits that significantly inflate their energy consumption. Identifying and correcting these common mistakes is key to reducing energy usage and lowering your bills. Here’s a detailed…

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