The Federal Government will spend N2.4 trillion on electricity subsidies in 2025, despite persistent power supply challenges and widespread outages affecting millions of Nigerians. The subsidy,...
The Presidency has refuted claims of an imminent 65% increase in electricity tariffs, stating that media reports on the matter are misleading and a misrepresentation of...
The Federal Government has launched a $23.2 billion National Energy Compact (NEC) to accelerate Nigeria’s energy transition, tackle persistent power supply challenges, and expand access to...
The Federal Government is seeking $15 billion in private investment to revive Nigeria’s struggling power sector, offering higher electricity tariffs while introducing fresh subsidies to cushion...
Transgrid Enerco Limited has signed a Share Purchase Agreement (SPA) to acquire a 60% equity stake in Eko Electricity Distribution Company (Eko DisCo). Transgrid Enerco Limited...
Despite interventions by the Federal Government and multilateral lenders amounting to over N1.5 trillion, Nigeria’s metering gap continues to widen with more than seven million electricity...
As Nigerians continue to battle darkness due to frequent collapse of the National Grid, the nation’s Minister of Power, Mr Adebayo Adelabu, has disclosed that the...
More manufacturers are opting for captive power as the national grid continues to struggle despite billions being spent on it yearly. Approximately 250 manufacturers and academic...
The Federal Government has lamented incessant complaints of the estimated billing system of power supply to households by the Distribution Companies (DisCos) nationwide. To tackle this,...
Vice President Kashim Shettima has insisted that it is impossible to have a meaningful national economic development without a steady power supply in the country. Speaking...