Minster of Power, Works and Housing, Babtunde Fashola, has said that the federal government is ready to invest up to $150 million in rural electrification projects.
The Port Harcourt Electricity Distribution, PHED, Company has declared a N2.2 billion loss in revenue as a result of unpaid bills and electricity wastage by consumers.
The Association of Nigerian Electricity Distributors, ANED, which is the umbrella body of the 11 Electricity Distribution Companies, DISCOs, operating in Nigeria, has appealed the judgment of a Lagos Federal High Court which annulled the 45 percent increase in electricity tariff.
