Nigeria power sector

News

Minister Urges Urgent Debt Payment To Avert Power Sector Collapse

Nigeria’s Minister of Power, Adebayo Adelabu, has warned that the sector’s stability is threatened by a N4 trillion debt owed to electricity generation companies (GENCOs). The debt, which has accumulated since 2015,

Victor Ezeja

July 29, 2025

Business·News·Power

$200bn To Fix Electricity System Is Outrageous, Nigerians Tackle Power Minister Adelabu

Nigeria’s Minister of Power, Adebayo Adelabu, has come under fire after his statement that the country requires $10 billion annually for the next 10 to 20 years to achieve a stable and

Victor Ezeja

May 14, 2025

Business·News·Power

Elumelu To Nigerian Govt: Expedite Action To Pay Debts Owed GenCos

Chairman of Transnational Corporation (Transcorp Plc), Mr Tony Elumelu, has appealed to the Nigerian government to expedite action to fully pay the huge debt owed power generation companies (GenCos). He said GenCos

Victor Ezeja

April 10, 2025

News

We’ll Study Egypt’s Power Generation, Transmission Model – Minister

Nigeria’s Minister of Power, Adebayo Adelabu, has disclosed that they would study and possibly adopt Egypt’s model of Power generation and transmission for stable electricity supply in the country. Adelabu stated this

Victor Ezeja

March 24, 2025

Nigeria’s power generation has risen to 5,313 Mega Watts (MW), first time in three years, says the Minister of Power, Bayo Adelabu.

News·Power

Power Generation Hits 3-year High At 5,313MW

Nigeria’s power generation has risen to 5,313 Mega Watts (MW), first time in three years, says the Minister of Power, Bayo Adelabu. The minister disclosed this while speaking at an event in

Victor Ezeja

September 4, 2024

Nigerian Govt Incurs ₦464.12bn Electricity Subsidy Obligation

Business·Power

Nigerian Govt Set To Invest $800m In Power Sector, Targets 6,000 Megawatts

The Nigeria government has announced plans to invest $800 million into the power sector to upgrade infrastructure and boost supply across the country. Minister of Power, Bayo Adelabu, said the money will

Victor Ezeja

September 1, 2024

5 Reasons Nigerians Still Buy Generators despite High Fuel Cost

FEATURES·Oil & Gas

5 Reasons Nigerians Still Buy Generators Despite Unstable Fuel Costs

Despite steady rise in cost of fuel over the years, Nigerians have continued to buy generators for their various power needs. From N65 per litre between 2008 and 2011, the price of

Victor Ezeja

May 5, 2024

News·Power

Grid Collapse: TCN Installs System For Real-time Monitoring Of Power Grid Performance

he Transmission Company of Nigeria (TCN), has installed a Generation Dip/Loss Detection System (GLDS) for real-time monitoring of power grid performance.

Victor Ezeja

April 18, 2024

Obi Reacts To Poor Performance In 2025 UTME, Calls For Aggressive Investment In Education

News

Obi Recommends What Nigerian Govt Should Do To Tackle Power Sector Crisis

Peter Obi, has recommended short and long-term measures the Nigerian government need to adopt in resolving crisis in the power sector.

Victor Ezeja

April 18, 2024

Nigerian Electricity Regulatory Commission (NERC) has announce reduction of electricity tariff for band A customers from N225 per kilo watt hour (kWh) to N206.8kWh with effect from May 2024.

Business·Power

New Electricity Tariff Hike Will Reduce Subsidy By 40% – NERC

The Nigerian Electricity Regulatory Commission (NERC) says the new increase of electricity tariff will reduce subsidy for electricity generation by 40 per cent while the Federal Government would still retain about 50

Victor Ezeja

April 7, 2024

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Minister Urges Urgent Debt Payment To Avert Power Sector Collapse

$200bn To Fix Electricity System Is Outrageous, Nigerians Tackle Power Minister Adelabu

Elumelu To Nigerian Govt: Expedite Action To Pay Debts Owed GenCos

We’ll Study Egypt’s Power Generation, Transmission Model – Minister

Power Generation Hits 3-year High At 5,313MW

Nigerian Govt Set To Invest $800m In Power Sector, Targets 6,000 Megawatts

5 Reasons Nigerians Still Buy Generators Despite Unstable Fuel Costs

Grid Collapse: TCN Installs System For Real-time Monitoring Of Power Grid Performance

Obi Recommends What Nigerian Govt Should Do To Tackle Power Sector Crisis

New Electricity Tariff Hike Will Reduce Subsidy By 40% – NERC

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