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Nigeria power sector

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

FG, GenCos Disagree Over Electricity Debt Reconciliation as Adelabu Pegs Liability at ₦4tn

March 28, 2026

The Federal Government and electricity generation companies (GenCos) are locked in a dispute over the reconciliation of debts in Nigeria’s power sector, with both sides presenting conflicting figures on the actual liabilities

News·Power·Top Stories

Nigeria’s Power Minister Issues Apology, Promises Restoration of Electricity Supply Within Weeks

March 24, 2026

Nigeria’s Minister of Power, Adebayo Adelabu, has formally apologised to Nigerians for the ongoing electricity shortages that have disrupted homes, businesses, schools, and industries across the country. Speaking on Tuesday in Abuja,

News·Power

Nigeria Seeks $2bn China Loan to Build National Super Grid – Adelabu

October 7, 2025

The Federal Government is negotiating a $2 billion loan from the Export-Import Bank of China to finance the construction of a new national “super grid,” aimed at stabilising electricity supply and boosting

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Minister Urges Urgent Debt Payment To Avert Power Sector Collapse

July 29, 2025

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,

Business News·News·Power

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

May 14, 2025

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

Business News·News·Power

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

April 10, 2025

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

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

March 24, 2025

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

News·Power

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

September 4, 2024

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

Nigerian Govt Incurs ₦464.12bn Electricity Subsidy Obligation

Business News·Power

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

September 1, 2024

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

5 Reasons Nigerians Still Buy Generators despite High Fuel Cost

FEATURES·Oil & Gas

5 Reasons Nigerians Still Buy Generators Despite Unstable Fuel Costs

May 5, 2024

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

News·Power

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

April 18, 2024

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

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

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

April 18, 2024

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

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 News·Power

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

April 7, 2024

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

Nigerians Generate 40,000MW Of Electricity From Generator, Says Minister

Business News·Power

Nigeria’s Minister Renews Call For Electricity Subsidy Removal, Says FG Owes GenCos N1.3tn, Gas Firms $1.3bn

February 15, 2024

Nigeria's Minister of Power, Adebayo Adelabu, has reiterated the need to remove subsidy on electricity in the country, saying it has become very difficult to sustain by the government.

News·Power

Power: Gas Constraints Bite Harder As Nigeria Records First Grid Collapse In 2024

February 5, 2024

The Transmission Company of Nigeria, (TCN) says the partial collapse of the national grid on Sunday was caused by lingering shortage of gas supply to power generation plants across the country. The

Power

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Nigeria power sector

FG, GenCos Disagree Over Electricity Debt Reconciliation as Adelabu Pegs Liability at ₦4tn

Nigeria’s Power Minister Issues Apology, Promises Restoration of Electricity Supply Within Weeks

Nigeria Seeks $2bn China Loan to Build National Super Grid – Adelabu

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

Nigeria’s Minister Renews Call For Electricity Subsidy Removal, Says FG Owes GenCos N1.3tn, Gas Firms $1.3bn

Power: Gas Constraints Bite Harder As Nigeria Records First Grid Collapse In 2024

Nigeria’s Power Struggles Persist As 46 Grid Collapses Recorded In 6 Years

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