Electricity crisis worsens, 16 power plants shut down
• Egbin, Geregu, Omotosho among plants at zero generation Nigeria’s electricity crisis deepened on Monday as 16 power plants recorded zero generation, triggering widespread blackouts, worsening the hardship faced by households and businesses across the…
FG’s Electricity Subsidy Reduces By N37bn Over Poor Offtake
The federal government has incurred N321.26bn as electricity subsidy in the second quarter of 2026. According to the quarterly report from the Nigerian Electricity Regulatory Commission (NERC) this represents a N37.06bn or 10.34 per cent reduction in…
Nigeria’s Power Crisis Has A ₦2tn Subsidy Problem
Nigeria’s decision not to increase electricity tariffs in the immediate future could leave the Federal Government with another subsidy bill approaching ₦2 trillion, as the cost of keeping tariffs below the actual cost of supplying power continues to…
How and Why Sunrise, Leno Lost In Paris
By Garba Shehu There are good reasons why Leno Adesanya and his company, Sunrise Power Transition Company lost their case at the International Chamber of Commerce, ICC, an outcome that sparked widespread nationwide celebrations across Nigeria. The ICC…
Power Sector Faces Challenges Across Whole Value Chain, Says Minister Tegbe Amid Ongoing Reforms
Power Minister Joseph Tegbe has said Nigeria’s electricity sector is facing serious challenges across the entire value chain, adding that the Federal Government is working to address debts, infrastructure gaps, metering problems and weak revenue…
FG Raises N1.23trn To Tackle N4trn GenCos’ Legacy Debt
The Federal Government has raised about N1.23 trillion through two bond issuances to tackle N4 trillion legacy debt owed to electricity Generation Companies (GenCos). Mr Akin Odeyemi, Chief Executive Officer, Nigerian Bulk Electricity Trading Plc (NBET),…
Africa cannot industrialise on private electricity — ITUC-Africa
•Challenges World Bank, AfDB’s Mission 300 strategy, backs public control of power The African Regional Organisation of the International Trade Union Confederation (ITUC-Africa) has rejected the privatisation-driven approach to solving Africa’s energy…
Consumers Pay N1.2 Trillion For Electricity In Six Months — NERC
Electricity consumers across Nigeria paid about N1.2 trillion for electricity consumed during the first six months of 2026. Vanguard reported on Friday, September 4, 2026, that the figure was contained in data from the Nigerian Electricity Regulatory…
NERC Records 2,853 ‘Crazy’ Bills’ Complaints
Of the 8,305 complaints, the Nigerian Electricity Regulatory Commission (NERC) recorded in 2025, 34.35per cent (2,853) were in respect of outrageous billings. According to NERC 2025 Annual Report: “The most common issues among the 8,305…