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Tag: Electricity

Electricity

W’Bank, AfDB to connect 50 million Africans to electricity

The World Bank and the African Development Bank have announced that Mission 300, an initiative aimed at providing electricity to 300 million Africans by 2030, has connected more than 50 million people to power across 40 countries, nearly two years after its launch. Nairametrics reported that this was disclosed in a joint statement issued by […]

featured Technology

Global AI usage to consume more electricity than Nigeria, two others — UN

Global data centres are projected to consume almost three times the annual electricity used by Nigeria, Pakistan and Bangladesh combined by 2030, according to a new report released by the United Nations on Wednesday. The report, published by the UN University Institute for Water, Environment and Health, attributed the anticipated increase in electricity demand largely […]

Electricity featured

DisCos generate nearly ₦600bn revenue in Q1 despite power shortages

Electricity Distribution Companies in Nigeria generated approximately N600bn in revenue during the first quarter of 2026, according to the latest industry data released by the Nigerian Electricity Regulatory Commission. The figures showed that the power distribution companies collected a total of N597.55bn between January and March 2026, despite ongoing challenges facing the country’s electricity sector. […]

Electricity featured

Anambra signs four electricity laws to boost supply

The Anambra State Electricity Regulatory Commission has announced that four new regulatory bills have been signed into law as part of efforts to improve electricity supply across the state. The commission explained that the newly enacted laws are designed to dismantle the monopoly of FirstPower Electricity Distribution Company Limited, a subsidiary of the Enugu Electricity […]

Electricity featured

Obi pledges 10,000 MW power increase in four years if elected

Peter Obi has pledged to increase Nigeria’s electricity generation and distribution capacity by at least 10,000 megawatts within four years, representing a 250 per cent increase from the country’s current output of about 4,000MW. Obi made the commitment on Saturday, May 30, 2026, while accepting his nomination as the presidential candidate of the Nigerian Democratic […]

Electricity featured

Epileptic power supply continues as generation drops below 3600MW

There are indications that Nigerians and businesses may continue to grapple with an epileptic electricity supply. Generation dropped on Thursday to 3,527.76 megawatts. This represents a decrease of 877.28 megawatts or 19.92 per cent from 4,405.04 megawatts recorded the previous day. Vanguard reported that the data was obtained from the Nigerian Independent System Operator. With […]

Electricity

Lagos issues 14 operators licences to boost electricity market reform

The Lagos State Government, through the Lagos State Electricity Regulatory Commission, has reaffirmed its commitment to deepening smart regulation and strengthening the Lagos electricity market. This came as the commission issued licences to 14 operators in the state electricity value chain. The PUNCH reported that speaking on Thursday at LASERC’s maiden Stakeholders’ Engagement Forum in […]

Electricity

MainPower restores Enugu power after rainstorm cuts 12 communities

MainPower Electricity Distribution Limited says it has begun the repair of feeders affected by a heavy rainstorm in the Enugu metropolis. The company said no fewer than 12 communities in the metropolis were plunged into darkness following a heavy rainstorm and strong winds that damaged key electricity infrastructure on Sunday afternoon. The outage, which disrupted […]

Electricity

Nigeria’s electricity crisis persists as installed capacity lies dormant

Nigerians continue to face electricity shortages as about 9,536 megawatts of installed power generation capacity remains unavailable, according to the latest data from the Nigerian Electricity Regulatory Commission. An operational report by the regulator showed that grid-connected plants had a total installed capacity of 13,625MW in March, but only 4,089MW was available for dispatch. This […]

Electricity

FG pays ₦418.79bn power subsidy as sector losses exceed ₦300bn

The Nigerian Electricity Regulatory Commission has disclosed that the Federal Government incurred a subsidy obligation of N418.79bn in the fourth quarter of 2025, even as inefficiencies across the electricity value chain led to losses exceeding N300bn during the period. The PUNCH reported that this was contained in the commission’s 2025 fourth-quarter report, which also highlighted […]

Private power supply costs N750/kWh, says Minister Adelabu
Electricity

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 tackle persistent gas constraints hindering power generation. Adelabu conveyed this assurance in his Eid-el-Fitr message on Thursday. He highlighted that recent government interventions are starting to address the longstanding gas supply challenges that […]

92 million Nigerians without access to electricity - FG
Electricity featured

Electricity workers threaten strike over unresolved anti-labour grievances

The National Union of Electricity Employees has intensified mobilisation of its members nationwide for a possible strike next week. This follows the expiration of its 21-day ultimatum to the Federal Government without any resolution of its grievances. The union issued the ultimatum in a letter dated January 26, 2026, addressed to the Minister of Power. […]

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