The Nigerian Federal Government (FG) has disclosed that it owes electricity generation companies (GenCos) and distribution companies (DisCos) over N4 trillion in debt. Adebayo Adelabu, the Minister of Power, made this revelation during the recent public presentation of the National Integrated Electricity Policy (NIEP) and Nigeria Integrated Resource Plan (NIRP) in Abuja. Adelabu explained that […]Read More
The Power Africa Programme has booted African electricity access for over a decade. A US initiative to increase electricity supply in Africa has been dismantled by the Trump administration after more than a decade of work, according to people familiar with the matter. Almost all of Power Africa’s programs have been listed for termination and […]Read More
The Nigerian Electricity Regulatory Commission (NERC) has announced stiffer administrative charges to combat the menace of electricity theft and other unauthorised or illegal connections, with charges ranging from ₦100,000 to ₦300,000. The Regulator stated in paragraph 9 of the Amended Order on Unauthorised Access, Meter Tampering, and By-pass 2025 that the objectives of the Order […]Read More
The electricity transmission system popularly known as the national grid experienced a system outage on Wednesday morning, leaving many Nigerians without electricity. This marks the first grid disturbance in 2025 following a line-tripping incident in January. In 2024, the grid collapsed 12 times. Confirming the development on X, the Abuja Electricity Distribution Company stated: “Dear […]Read More
The Africa Energy Bank (AEB) to be hosted in Nigeria is expected to take off officially by the first quarter of this year, the Minister of State for Petroleum Resources (Oil) said Tuesday. Senator Heineken Lokpobiri made this known while giving a keynote address at the ninth edition of the Sub-Saharan Africa International Petroleum Exhibition […]Read More
Less than 48 hours after Aba Power, Nigeria’s newest electricity distribution company (DisCo), assured electricity consumers in the Aba Ringfence, comprising nine of the 17 local government areas in Abia State, of its readiness to start supplying areas in its coverage area affected by the ongoing maintenance of the Transmission Company of Nigeria (TCN) facilities […]Read More
The Nigerian government has indicated that electricity tariffs may need to increase by over 65% for some consumers to align with the actual cost of power production. Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, told Bloomberg that power tariffs in Nigeria must rise by approximately two-thirds for many users to reflect the […]Read More
President Bola Tinubu has confirmed the approval of a $1.1 billion fund from the African Development Bank (AfDB) to provide electricity to 5 million Nigerians by the end of 2026. In addition, Tinubu highlighted the AfDB’s $200 million Nigeria Electrification Project. This aims to provide electricity to 500,000 people by the end of 2025. Bayo […]Read More
Delegates attend the Africa Energy Summit in Dar es Salaam, Tanzania January 27, 2025. REUTERS/Emmanuel Herman DAR ES SALAAM, Jan 27 (Reuters) – Several African nations committed on Monday to open up their electricity sectors to attract investors and light up homes of 300 million people currently lacking power in the next six years. The […]Read More
Juba – South Sudan celebrates its first major renewable energy project, marking a milestone in its transition to sustainable power. The Ezra Group, a leading business conglomerate, announced the successful launch of the 20-Megawatt (MW) solar power plant and the 14-Megawatt (MWh) Battery Energy Storage System (BESS) in South Sudan. Developed and financed in-house by […]Read More
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