TCN debunks national grid collapse claims
The Transmission Company of Nigeria denied the claims of a national grid collapse on Monday, clarifying that the incident only involved a…
Electricity
Electricity news and updates
Blackout looms as national grid collapses again
The national electricity grid witnessed a partial collapse on Monday throwing some parts of the country into darkness. The Abuja Electricity Distribution…
N2.9bn debt: Kaduna Electric accuses state govt of ‘cheap blackmail’
Kaduna Electric has vehemently refuted claims that it owes N600 million in unpaid taxes, alleging that the Kaduna State Government is using…
Monthly electricity subsidy surge 151% to N211bn – Report
The electricity subsidy obligation of the Federal Government rose from N252.76bn to N633.30bn in the first quarter of 2024, according to Nigerian…
Nigeria’s imports reliance frustrating power sector development – Adelabu
The Minister of Power, Adebayo Adelabu, has stated that the nation’s reliance on imports for the equipment required for the overhaul of…
TCN suspends AEDC over market participation agreement violation
The Abuja Electricity Distribution Company has been suspended by the Transmission Company of Nigeria for violating the terms of the market participation…
Minister threatens sanctions for non-performing power agencies
The Minister of Power, Adebayo Adelabu, announced on Tuesday that any director or agency in the power industry that doesn’t live up…
Geregu Power declares N30.2b profit, up by 145% in 6 months
Geregu Power Plc reported a pre-tax profit of N30.2 billion in the first half of 2024, up 145% year on year from…
USAID, FG partner to reform Nigeria’s power sector
The US Agency for International Development and Nigeria’s Federal Ministry of Power signed a memorandum of understanding to ensure the country’s commitment…
Nigerians don’t have ‘fundamental right to electricity’ – NERC
The Nigeria Energy Regulatory Commission has stated that energy usage is not a fundamental right that any Nigerian consumer may contest. The…
FG allocates N21bn for provision of free meters
The Federal Government has allocated N21 billion for the Presidential Metering Initiative, which aims to eliminate the country’s metering gap by giving…
FG to initiate electricity offences tribunal
The Federal Government said that it was finalizing the process of establishing an electricity offences tribunal with an appeal system to quickly…