AfDB President Commends Sahara Group’s Commitment To Promoting Electricity Access In Africa

AfDB President Commends Sahara Group’s Commitment To Promoting Electricity Access In Africa

African Development Bank Group (AfDB) President Dr. Akinwumi A. Adesina has commended the Sahara Group, the largest privately-owned power generation and distribution business in sub-Saharan Africa, for boosting power supply in Nigeria, through its Egbin Power Plant and Ikeja Electric Plc. Speaking at Sahara Group’s 25th Anniversary celebration, Adesina emphasized the need for Africa to achieve universal access to electricity as soon as possible.   He urged Sahara Group to sustain its role in setting industry standards for environmental sustainability, spearheading the transition to renewable energy, and accelerating affordable electricity access…

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DisCos Get NERC Approval To Increase Electricity Tariff Sept 1

DisCos Get NERC Approval To Increase Electricity Tariff Sept 1

…EKEDC disowns notice The Nigerian Electricity Regulatory Commission (NERC) has directed the 11 Electricity Distribution Companies (DisCos) to increase their tariff effect from 1st September 2021. The commission in a letter titled ‘Tariff Increase Notification’ gave the energy distributors the leverage to charge a service-based tariff. Eko Electricity Distribution Plc has however denied sending out information regarding hiking its tariff. In a statement signed by the MD, Engr. Adeoye Fadeyibi FNSE, the organization said: “Our attention has been drawn to news making the rounds in the media from unsubstantiated sources of…

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