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Power - Page 4

Geregu Power Appoints Abdulaziz Yari Chairman as Otedola Exits After Major Ownership Change

Geregu Power Plc has announced a significant change in its board and ownership structure following the resignation of billionaire investor Femi Otedola as chairman after he divested his controlling stake in the company, Prime Business Africa reports. The development was disclosed in

December 30, 2025

News·Power

Aba Power Recovers 50MW, Turns On New

Aba Power has turned on a new 47 megawatts turbine in its embedded power plant in Osisioma Industrial area in Aba, the commercial city of Abia State. According to a statement released Wednesday, the Aba Power brand and communication manager, Edise Ekong,

February 6, 2025

Business·News·Power

₦200bn Monthly Electricity Subsidy Benefits Only Wealthy Nigerians – Energy Adviser

By Kelechi Ogbu Olu Verheijen, Special Adviser to Nigeria’s President Bola Tinubu on Energy, has revealed that the Federal Government spends over ₦200 billion every month on electricity subsidies. She said the electricity subsidies benefit only wealthiest 25 per cent of Nigerians

February 5, 2025

News·Power

Aba Power Plans To Provide 120,000 Meters For Customers In 2025

Aba Power has restated its commitment to closing the metering gap in the nine of our 17 local government areas it currently covers in Abia State. Aba Power Managing Director, Ugo Opiegbe, disclosed that the power firm plans to provide 120,000 meters

January 26, 2025

Power

TCN Seeks Help As Vandals Destroy 18 Transmission Towers In 5 Days

The Transmission Company of Nigeria (TCN) has called for support of people, especially in communities hosting electric power installations in efforts to curb the activities of vandals. The call came as over 18 electricity transmission towers were vandalised in five days across

January 20, 2025

Geometric's Aba Power Plant Set For Commissioning Monday February 26

News·Power

Blackout In Aba As Vandals Attack Gas Pipeline

Electricity customers under the Aba Ringfence area have been thrown into total blackout following an attack on a gas pipeline by vandals. The Aba Ringfence comprises nine of the 17 local government areas (LGAs) in Abia State. Aba Power Managing Director, Ugo

January 20, 2025

Why Aba Power Ringfence Is Not Affected By National Grid Collapse

Business·News·Power

Aba Power Has Lowest Electricity Tariff Despite 50% Increase – Southeast Consumers

Aba Power still has the lowest tariff of all 12 electricity distribution companies in the country despite the recent increase approved by Nigeria Electricity Regulatory Commission (NERC), says Electricity Consumers Association of Nigeria, Southeast zone. Prime Business Africa reports that on 30th

January 12, 2025

Business·News·Power

Nigerian Govt Incurs ₦464.12bn Electricity Subsidy Obligation

The Nigerian government incurred ₦464.12 billion in subsidy obligation in the third quarter (Q3) 2024. This was revealed in the latest report by the Nigeria Electricity Regulatory Commission (NERC) for Q3 2024. According to the report, the Federal Government incurred the sum

January 9, 2025

Failing National Grid: Why Nigeria Needs Urgent Reforms Now

News·Power

Another Blackout As National Grid Collapses 12th Time In 2024

Major parts of Nigeria have again been thrown into blackout as the national power grid has collapsed. This is the first time it is occuring in December 2024 and the 12th time of such incident this year. Checks by Prime Business Africa

December 11, 2024

States Must Reflect Full Electricity Costs Or Pay Subsidies - NERC

FEATURES·Power

Consumers’ Dilemma As NERC, DisCos Clash Over Meter Upgrade, Replacement Hitches

Electricity consumers appear to be in a dilemma as the Nigerian Electricity Regulatory Commission (NERC) and Distribution Companies (DisCos) have been embroiled in a controversy surrounding the upgrade and replacement of meters in recent times. The issue began when Ikeja Electric and

December 6, 2024

Publish Details Of Meter Purchase Refunds To Customers, NERC Orders DisCos

Business·Power

Electricity: NERC Extends DisCos’ Meter Upgrade To January 2025

The Nigerian Electricity Regulatory Commission (NERC), has again extended the deadline given to electricity distribution companies (DisCos), to replace upgrade meters for their customers. According to the Commission, the new date is now 1 January 2025, failing which they risk sanctions. In

December 5, 2024

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Power - Page 4

Geregu Power Appoints Abdulaziz Yari Chairman as Otedola Exits After Major Ownership Change

Aba Power Recovers 50MW, Turns On New

₦200bn Monthly Electricity Subsidy Benefits Only Wealthy Nigerians – Energy Adviser

Aba Power Plans To Provide 120,000 Meters For Customers In 2025

TCN Seeks Help As Vandals Destroy 18 Transmission Towers In 5 Days

Blackout In Aba As Vandals Attack Gas Pipeline

Aba Power Has Lowest Electricity Tariff Despite 50% Increase – Southeast Consumers

Nigerian Govt Incurs ₦464.12bn Electricity Subsidy Obligation

Another Blackout As National Grid Collapses 12th Time In 2024

Consumers’ Dilemma As NERC, DisCos Clash Over Meter Upgrade, Replacement Hitches

Electricity: NERC Extends DisCos’ Meter Upgrade To January 2025

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