Electricity consumers across Nigeria failed to pay a total of N70.25 billion in May 2025, according to the latest commercial performance report released by the Nigerian Electricity Regulatory Commission (NERC). …
Electricity Distribution
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Business and EconomyFinance & ServicesPower SectorPublic UtilitiesRegulation
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ELECTRICITYEnergyGOVERNMENTInfrastructureNigeriaNorthern AfricaWestern Africa
FG Moves to Boost Power in Northern Nigeria, Targets Metering Gap
The Federal Government of Nigeria has announced a fresh plan to improve electricity supply in the northern part of the country. Minister of Power, Chief Adebayo Adelabu, made this known …
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EconomyEnergyGOVERNMENTInfrastructureNigeriaPolicies
FG Launches Reform Plan, Deploys Special Teams to Underperforming Discos
The Federal Government has begun a pilot programme to restructure underperforming electricity distribution companies (Discos) in a bid to overhaul Nigeria’s struggling power distribution sector. This marks the most decisive …
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EconomyELECTRICITYEnergyGOVERNMENTNigeriaPolicies
Power Minister Says FG Will Pay N2tn Out of N4tn Debt to Gencos Before 2025 Ends
The Minister of Power, Adebayo Adelabu, has said the Federal Government plans to pay N2 trillion out of the N4 trillion it is owing to electricity generation companies (Gencos) before …
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EconomyEnergyFinance & ServicesGOVERNMENTInfrastructureNigeriaWestern Africa
Nigeria Secures $500 Million World Bank Loan to Boost Economic Resilience
In a bid to tackle pressing economic challenges, Nigeria has secured a $500 million loan from the World Bank to support its Community Action for Resilience and Economic Stimulus Program. …