Nigerians to pay more for electricity in 2020
By Guardian Exclusive
09 January 2020 | 9:50 am
Electricity consumers in Nigeria will pay more tariff from April this year, a Minor Review of the Multi-Year Tariff Order (MYTO) 2015 and the Minimum Remittance Order (MRO) for 2020 published by Nigerian Electricity Regulatory Commission (NERC) has shown.
In this article
27 Jun 2020
The scheduled increment of electricity tariff in Nigeria will begin from July this year according to the Minister of Power, Sale Mamman who has also noted that the COVID-19 outbreak has impacted plans to reposition Nigeria’s electricity market. Oti Ikomi, CEO and Executive Vice-Chairman of Proton Energy joins CNBC Africa for more.
1 Jul 2020
Calm might have returned to Tripoli after recent fighting, but electricity shortages still plague the Libyan capital, where generators chug incessantly. It's just one of many problems facing the oil-rich North African nation torn by violence since the 2011 overthrow of former dictator Moamer Kadhafi.
3 Jul 2020
Nigeria’s planned electricity tariff hike which was earlier scheduled for the first of July has been postponed until the first quarter of 2021. This decision was taken by the leadership of the National Assembly after a meeting with the regulators NERC, and representatives of electricity distributors. George Etomi, Director of the Eko Electricity Distribution Company joins me to discuss this story and more.
3 Jul 2020
Increase in electricity tariff only for the rich, not poor masses - Gbajabiamila
4 Jul 2020
Senate President Ahmed Lawan reacts to increase in electricity tariff
26 Aug 2020
Here are a few reasons to pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on Thursday.
5 Sep 2020
As part of efforts to bridge its metering gap and get fair power supply pricing for users, Nigeria’s government has approved a one-year deferment of the 35 per cent Import Adjustment Tax imposed on fully built unit electricity meters. While the levy was initially imposed to encourage local production and protect investments in the local assembly of electricity meters, efforts are now more focused on ensuring more meters are rolled out. Executive Vice-Chairman and CEO of Proton Energy, Oti Ikomi joins CNBC Africa for more.
FG to meet labour over fuel and electricity hike, Flood kills 16, destroys 3,042 houses in Bauchi – SEMA and more
11 Sep 2020
Here is why you should pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Saturday.
15 Sep 2020
Fuel-electricity price hike: Civil society groups mobilise for a protest on Wednesday
16 Sep 2020
Nigerians lament an increase in prices after the oil-rich nation dumped a controversial petrol subsidy system in the face of a coronavirus budget crunch. Authorities announced an end to the subsidies earlier this year, as falling oil prices robbed Nigeria of a major chunk of its revenues. Increasing the pain for average Nigerians, the government has also almost doubled the cost of electricity from 33 to more than 60 naira per kilowatt. The manager of a printing and embroidery company describes the impact these changes will have on his production.
Nigerian suspect wanted by FBI for $6m scam surrenders, NLC announces protest over fuel and electricity price and more
22 Sep 2020
Here are a few reasons to pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on Wednesday.
Police inspector faces trial for brutalising photojournalist, Ikeja electric suspends new electricity tariff
1 Oct 2020
Here are a few reasons to pick up a copy of The Guardian on Friday. Find these stories and much more when you grab a copy of The Guardian on Friday.
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Wednesday.
1 day ago
Economist Jayati Gosh believes a windfall tax is a "no-brainer". "The difficulty is how do you establish how much is windfall? It's very complicated," Ghosh tells FRANCE 24. She is a professor of economics at the University of Massachusetts Amherst and the newly appointed co-chair of the Independent Commission for the Reform of International Corporate Taxation.
1 day ago
Sweden's Riksbank has kicked off what's expected to be a series of interest rate hikes around the world, as central banks struggle to curb inflation. The 100 basis point hike is Sweden's biggest in three decades, in response to a cost-of-living crisis that's affecting households and businesses.
1 day ago
Hurricane Fiona has hit Canada's Atlantic coast with strong rains and wind after brushing past Bermuda. Experts say it could become one of the most severe storms Canada has ever seen.
1 day ago
Seven months since the Russian invasion of Ukraine began, repairing worn-out Western weapons is becoming increasingly important. The workshop for doing so is to be built on the Polish-Ukrainian border.