Power crisis deepens as FG pays only 4% of ₦1.928trn subsidy
The Federal Government’s inability to meet its financial obligations to power generation companies has deepened the crisis in the already struggling electricity…
Electricity
Electricity news and updates
FG issues ₦501bn bond to tackle power sector liquidity crisis
The Federal Government’s N501.02 billion bond issuance has been described as a major milestone in Nigeria’s power sector reform agenda aimed at…
Blackouts: GenCos, DisCos at odds over rejected power supply
Weeks of widespread power outages in Nigeria have intensified scrutiny of the country’s electricity sector, as power generation companies accuse distribution firms…
We’re ready to pay high tariff for stable power — FCT residents
Electricity consumers in the Federal Capital Territory say they are willing to pay high tariff for improved and sustainable power supply. According…
FG, GenCos clash over ₦6tn power debt reconciliation
The Federal Government and power generation companies have disagreed over the reconciliation of debts in Nigeria’s electricity market, with both sides offering…
Power supply to improve gradually in two weeks — Adelabu’s aide
The Chief Technical Adviser to the Minister of Power, Adebayo Olowoniyi, says Nigerians should begin to see gradual improvement in electricity supply…
Jos DisCo blames low national grid allocation for poor electricity
Jos Electricity Distribution Plc has explained that the recent drop in electricity supply being experienced across its franchise states – Plateau State,…
Ikeja DisCo cites gas shortage for poor supply
Ikeja Electric, the electricity distribution company responsible for power supply in parts of Lagos, has said residents and businesses are experiencing persistent…
NERC names Adegbenro acting chief executive of Eko DisCo
The Nigerian Electricity Regulatory Commission has approved the appointment of Ms. Sherifat Adegbenro as the Acting Chief Executive Officer of Eko Electricity…
NLC rejects ₦6trn bailout for power generation firms
The Nigeria Labour Congress has rejected the proposed N6 trillion bailout for power generation companies. The union stated that repeated financial interventions…
Adelabu assures Nigerians of improved electricity supply soon
The Minister of Power, Adebayo Adelabu, has assured Nigerians of imminent improvements in electricity supply as the Federal Government intensifies efforts to…
Power supply may worsen, national grid warns
Nigeria’s electricity supply faces a potential further decline as gas suppliers are considering suspending supply to thermal power plants due to mounting…