The National Council on Power has agreed to introduce a cost-reflective tariff for electricity in Nigeria. This move is aimed at reducing the N200 billion monthly electricity subsidy being paid …
The Federal Government has said it will begin the full rollout of free electricity meters under the Presidential Metering Initiative (PMI) by the fourth quarter of 2025. This move is …
The Abuja Electricity Distribution Company (AEDC) has refunded a total of N241.45 million worth of electricity credit to 9,823 customers across its service areas, following billing errors and regulatory breaches …
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 Niger Delta Power Holding Company (NDPHC) has raised alarm that it is being owed nearly N600 billion by the Nigeria Bulk Electricity Trading Plc (NBET) and other bilateral power …
The Nigerian Senate Committee on Power has cried out over the growing financial crisis facing the country’s power sector, revealing that the Federal Government currently owes electricity generating companies (GenCos) …
A civil society organisation, the African Initiative Against Abuse of Public Trust, has taken the Asset Management Corporation of Nigeria (AMCON), the Bureau of Public Enterprises (BPE), and the Nigerian …
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 …
The National Pension Commission (PenCom) is stepping up efforts to recover unpaid pension contributions from electricity generation and distribution companies across Nigeria. Omolola Oloworaran, the Director-General of PenCom, led a …