FG to seal $2.3b deal to revamp power transmission
Nigeria is close to securing $2.3 billion in funding to upgrade its electricity transmission infrastructure under the Presidential Power Initiative also known…
Electricity
Electricity news and updates
NERC fines DisCos for violating billing cap on unmetered users
The Nigerian Electricity Regulatory Commission has sanctioned eleven electricity distribution companies for failing to comply with the capping of estimated bills for…
FG restructures TCN into two entities amid Nigeria’s electricity woes
The Minister of Power, Chief Adebayo Adelabu, has announced the unbundling of the Transmission Company of Nigeria into two separate entities: the…
Six firms, university abandon national grid over blackouts
The Nigerian Electricity Regulatory Commission has granted approval to six firms and Nile University of Nigeria in Abuja to generate and distribute…
FG to receive 3.2M electricity meters in April 2025 – Minister
The Federal Government has announced that it will receive the first batch of 3.205 million electricity meters in April 2025. This initiative…
Unpaid N4tn debt threatens Nigeria’s power sector, says NDPHC
The Niger Delta Power Holding Company has identified the N4 trillion debt owed to Generation Companies as a major challenge in Nigeria’s…
NERC installs 185,439 prepaid meters in Q4
The Nigerian Electricity Regulatory Commission reported that 185,439 meters were installed in the last quarter of 2024, a 0.19% increase from the…
DisCos’ revenue hits N509.84bn in Q4 2024 amid efficiency boost
The Nigerian Electricity Regulatory Commission reported that Electricity Distribution Companies collected N509.84 billion out of the N658.40 billion billed in Q4 2024.…
Nigeria to tap Egypt’s expertise in power generation – Adelabu
The Federal Government has expressed its intention to learn from Egypt’s success in power generation and transmission, describing the North African country…
Blackout hits Rivers, Imo as vandals destroy transmission towers
The Transmission Company of Nigeria has announced the vandalism of four towers along the Owerri-Ahoada 132kV Double Circuit transmission line, causing power…
Discos may be liable for power transmission repairs
The Nigerian Electricity Regulatory Commission is considering making power distribution companies responsible for the costs associated with repairing faulty transformers and replacing…
5,000MW power generation unacceptable – Adelabu
The Minister of Power, Adebayo Adelabu says it is unacceptable that Nigeria, a country with a population of over 200 million, can’t…