FG proposes ₦3.6tn FAAC deduction for electricity subsidies 2026-2028
The Federal Government has proposed deducting a total of N3.6 trillion from the Federation Account to fund electricity subsidies over 2026, 2027,…
Electricity
Electricity news and updates
Why Ondo doesn’t generate electricity – Aiyedatiwa
Ondo State Governor Lucky Aiyedatiwa has explained why the state has not yet commenced independent electricity generation, despite the federal government transferring…
Why Abia is unaffected by recent national grid collapses — Gov Otti
Abia State Governor Alex Otti has announced that the state is pursuing complete energy self-sufficiency amid ongoing instability in Nigeria’s national power…
Abuja project will boost national grid by 624mw – TCN
The Transmission Company of Nigeria says the Abuja Feeding Scheme project will contribute around 624 megawatts to the national grid upon completion.…
Poor power generation triggered multiple grid failures — Stakeholders
Concerns are growing that frequent grid collapses may be returning to Nigeria’s power sector, with Nigerians experiencing three incidents in less than…
FG issues ₦501bn bond to settle power sector debts
The Federal Government has moved to address Nigeria’s estimated N4 trillion power sector debt as five power generation companies signed settlement agreements…
DisCos slam Adelabu’s free metre directive, call it populist statement
Power distribution companies have expressed doubt over the directive by the Minister of Power, Adebayo Adelabu, that prepaid metres must be free…
Multiple 330kV line trips triggered grid collapse — NISO
The Nigerian Independent System Operator says Friday’s nationwide power outage was caused by a system-wide disturbance from multiple 330kV transmission line trips…
FG bans payment for installing electricity meters, threatens prosecution
The Federal Government has banned electricity distribution companies and installers from collecting any form of payment for meters, warning that DisCo officials…
Geregu Power posts 1.7% rise in pre-tax profit
Geregu Power Plc, a major player in Nigeria’s electricity generation sector, recorded a modest increase in pre-tax profit to N41.98 billion for…
Kano DisCo achieves 22-hour daily supply for major manufacturers
Kano Electricity Distribution Company has achieved a 50 percent surge in industrial power consumption during 2025, bucking a national trend that has…
AEDC adopts holding company structure to strengthen operations
Abuja Electricity Distribution Plc has announced its transformation into a Holding Company, a strategic move designed to boost its effectiveness in Nigeria’s…