Despite promises from the Ministry of Power that President Bola Ahmed Tinubu would meet with electricity generation companies over the N4.7 trillion debt owed to them, nearly two months have …
The Federal Government’s unpaid subsidy to electricity distribution companies has risen to ₦982.4 billion as of May 2025, showing a ₦5.3 billion increase or 2.7% in just five months. This …
The Nigerian Electricity Regulatory Commission (NERC) has taken a major step to improve electricity supply in the country by setting up a Transmission Infrastructure Fund (TIF). This new initiative is …
The Minister of Power, Chief Adebayo Adelabu, has again raised concerns over the growing cost of electricity subsidies in Nigeria, warning that the current approach is not sustainable. According to …
The Federal Government says it has successfully reduced electricity subsidies by 35% following a new electricity tariff hike that was introduced last year for high-power consumers. Nigeria’s Minister of Power, …
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 …
The Federal Government of Nigeria has provided N471.69 billion in subsidies to support the nation’s electricity sector during the fourth quarter of 2024. This subsidy accounts for approximately 57% of …