• June 16, 2025
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energy|power General News

NERC Fines IKEDC, AEDC, Six Other DisCos N628 Over Breach

April 10, 2025

The Nigerian Electricity Regulatory Commission (NERC) has penalised eight electricity distribution companies (DisCos) for failing to adhere to the monthly energy caps imposed on estimated billing for unmetered customers. The infractions, which occurred between July and September 2024, highlight persistent concerns around regulatory compliance within the Nigerian Electricity Supply Industry (NESI). According to a regulatory […]Read More

energy|power General News

PRESIDENT TINUBU APPROVES BOARD MEMBERS FOR THE NIGERIAN INDEPENDENT SYSTEM

April 5, 2025

President Tinubu has appointed executive and non-executive board members for the newly established Nigerian Independent System Operator (NISO). Dr. Adesegun Olugbade is the board chairman, while Engineer Abdu Mohammed Bello has been appointed Managing Director. The President has also appointed four Executive Directors: Engineer Nafisatu Asabe Ali for Systems Operation, Engineer Shehu Abba-Aliyu for Systems […]Read More

Sahara Power Group, Ikeja Electric, Darway Coast commissions 500KW Interconnected Minigrid (IMG)
energy|power renewables

Sahara Power Group, Ikeja Electric, Darway Coast commissions 500KW Interconnected

March 12, 2025

Robinyan Communities in Ogun state Celebrate Landmark Interconnected Minigrid, Powering over 5,000 Peri-Uban Residents A landmark achievement for Nigeria’s energy sector, Sahara Power Group, Ikeja Electric and Darway Coast, with technical support from RMI (founded as Rocky Mountain Institute) and funding from the Global Energy Alliance for People and Planet (GEAPP), has commissioned the 500kW […]Read More

energy|power

Nigeria eyes $15b private investors cash for power sector

January 29, 2025

Nigeria is taking bold steps to revive its faltering power sector, aiming to attract $15 billion in private investments while keeping its most vulnerable citizens in mind. At a World Bank energy summit in Tanzania, the government outlined a plan that combines higher electricity tariffs with fresh subsidies to ease the burden on households. Under the proposal, […]Read More

World Bank Allocates $90 Billion Electricity Fund for Nigeria, Other African Nations
energy energy|oil-and-gas:Oil and Gas energy|power power renewables

World Bank Allocates $90 Billion Electricity Fund for Nigeria, Other

September 20, 2024

Nigeria and some other African countries are set to be beneficiaries of $90 billion in electricity funds backed by the World Bank and the African Development Bank. The fund is part of the global financial institution’s plan to provide electricity to the 300 million African population by 2023, a Bloomberg report revealed. On Friday, leading […]Read More

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