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Electricity Subsidy Bill Surges to N762bn

Electricity Subsidy Bill Surges to N762bn   Electricity subsidy has increased to about N762bn in the first four months of 2025. Figures from various reports of the Nigerian Electricity Regulatory Commission (NERC) showed that the subsidy on power was approximately N178bn in January. It rose to N194bn...

Nationwide Blackout as Electricity Grid Collapses Again

Nationwide Blackout as Electricity Grid Collapses Again   Again, many parts of Nigeria were left in darkness yesterday, as the national grid abruptly lost over 2,000 megawatts, resulting in about the second supply disturbance for the year 2025. This occurred same day the federal government condemned Thursday’s...

FG Plans Fresh Electricity Tariff Hike Amid Consumer Outrage

FG Plans Fresh Electricity Tariff Hike Amid Consumer Outrage   In its bid to enhance the liquidity of the Nigerian Electricity Supply Industry, the Federal Government has said it is considering plans to regularise the electricity tariffs to address disparities in the current billing system for...

AEDC Causes Power Outage in Wuye, Band A District of Abuja

AEDC Causes Power Outage in Wuye, Band A District of Abuja   Residents of Wuye, a rapidly developing neighborhood in Abuja, have been plunged into near-total darkness for over a week due to erratic electricity supply from the Abuja Electricity Distribution Company (AEDC). This persistent power...

FG Rolls Out $23bn Programme to Revamp Nigeria’s Power Sector

FG Rolls Out $23bn Programme to Revamp Nigeria's Power Sector   The Federal Government has launched a bold initiative to bridge Nigeria's electricity gap, unveiling an ambitious energy access program aimed at revolutionizing the country's energy sector. It said the programme will require $23.2bn, out of which...

Report: FG Allocated N8.73bn for Airport Power Infrastructure in 2024

In 2024, the Federal Government of Nigeria invested N8.73bn in airport power infrastructure, mainly to guarantee a reliable electricity supply at the new international terminal of the Nnamdi Azikiwe International Airport in Abuja.