Power Sector

Federal Government To Share Electricity Subsidy Burden With States

The Federal Government of Nigeria will begin sharing the financial burden of…

Government Issues N590 Billion Bond For Power Sector

The Federal Government of Nigeria has launched a N590 billion Series 1…

Leadership Void At NERC Deepens Nationwide Blackouts

Nigeria’s electricity industry is trapped in a regulatory deadlock that is worsening…

DisCo Debts Threaten Financing Of Nigeria’s New Grid Projects

Okay News reports that DisCo debts have emerged as one of the…

Low Demand Stalls 3,500MW Despite Expanded Grid Capacity

Nigeria’s power system continues to underperform as low demand from distribution companies…

Tinubu Directs Siemens Energy To Expand Power Substations To Three Phases

President Bola Tinubu has directed Siemens Energy to expand the scope of…

FG Pushes States To Establish Power Firms Amid Blackouts

The Federal Government has called on Nigeria’s 36 states to take full…

NERC Approves N28bn Bailout for Free Meter Rollout

The Nigerian Electricity Regulatory Commission (NERC) has approved N28bn for electricity distribution…

Enugu State Leads Push to Reduce Electricity Tariffs amid Industry Concerns

Following a decisive action by the Enugu Electricity Regulatory Commission (EERC) to…

FG Moves to Avert Blackout with N2tn Payment to Power Generators

To prevent a looming shutdown of power generation plants, the Federal Government…