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Nigeria power sector

Cross River Confirms New COVID-19 Case, Activates Emergency Response

KEY POINTS Cross River recorded its first recent case of COVID-19 involving a foreign...

Abure Rejects Appeal Court Ruling, Heads to Supreme Court Over Labour Party Leadership Crisis

KEY POINTS The Court of Appeal upheld a ruling recognising Nenadi Usman as Labour...

Nigeria Metering Rate Hits 57 Percent But Millions Still Waiting

Nigeria's electricity firms installed 677,942 meters in 2025, pushing the national metering rate to 57.27 percent, but roughly 5.2 million customers still have no meter.

Nigeria’s Power Debt Jumps To N6.5 Trillion As Unpaid Bills Threaten FG Bond Plan

Nigeria’s power sector debt climbs to N6.5 trillion as GenCos get partial payments, putting pressure on the government’s bond plan.

Gencos Push Back Against Nigeria’s Debt Proposal

Gencos reject a federal proposal to forfeit 50 percent of their N5 trillion debt, raising fresh concerns over Nigeria’s fragile power market.

GenCos Lose N2.3 Trillion to Stranded Power Capacity

Nigeria’s power producers have lost over N2.3 trillion to stranded capacity caused by persistent grid failures and weak market structures

Nigeria Issues ₦4 Trillion Bond to Clear Power Sector Debt

Nigeria rolls out a ₦4 trillion bond to settle GenCos’ arrears, restore electricity market stability, and revive investor confidence in the power sector

Transcorp Power Reports 38 Percent Revenue Jump

Transcorp Power posts 38 percent revenue growth and 17 percent profit rise, reflecting higher power generation, cost efficiency, and expanding asset base.

Grid Collapses Attributed To Vandalism, Maintenance Issues

Vandalism and maintenance problems are to blame for Nigeria’s frequent grid collapses, says Minister of Power Adebayo Adelabu, who has a committee suggesting tweaks.

Investigating the recent power outages across Nigeria

Nigeria's power sector faces ongoing outages, infrastructure deficits, and gas supply shortages, hindering economic growth and daily life.

Electricity Tariff Hikes: What Nigerians Are Saying

Tariff hikes deepen frustration as Nigerians face rising energy costs and unreliable service, straining households and businesses alike.

Power Outages Halt Businesses Across Northern Nigeria

Frequent power outages have stalled businesses across Northern Nigeria, causing high operational costs and revenue losses as reliance on diesel generators rises.

IBEDC Sacks Kingsley Achife as Acting Managing Director, Appoints Francis Agoha

IBEDC appoints Francis Agoha as new Acting Managing Director, replacing Kingsley Achife to drive improvements in electricity distribution and service reliability.

FG Commits N130bn to Clear Power Sector Gas Debt

The Nigerian Government announces a N130 billion payment to settle debts with gas suppliers, aiming to enhance stability and reliability in the power sector.

Latest articles

Cross River Confirms New COVID-19 Case, Activates Emergency Response

KEY POINTS Cross River recorded its first recent case of COVID-19 involving a foreign...

Abure Rejects Appeal Court Ruling, Heads to Supreme Court Over Labour Party Leadership Crisis

KEY POINTS The Court of Appeal upheld a ruling recognising Nenadi Usman as Labour...

NAF Airstrikes Hit Sambisa Strongholds, Kill Terrorists and Destroy Key Bases

KEY POINTS Nigerian Air Force carried out precision airstrikes in Sambisa Forest, killing several...

DSS Raises Alarm Over Planned Kidnap Attacks on Farmers in Kwara

KEY POINTS DSS warns of a planned increase in farmer kidnappings in parts of...