Power Sector Reforms Yield $2bn Investment, Slash Liabilities The Federal Government has said that the reforms introduced in Nigeria’s power sector under President Bola Tinubu’s Renewed Hope Agenda are beginning to yield measurable results, with improvements recorded across the electricity value chain. According to the government,...

Nigeria Loses N40trn Yearly to Blackouts - Report Nigeria loses about N40tn annually to poor electricity supply, the Nigerian Independent System Operator, an agency of the Federal Government, has said, warning that unreliable power remains one of the biggest constraints to economic growth, industrial productivity,...

REA Targets 500 Power Projects with N170bn 2026 Budget The Rural Electrification Agency (REA) has unveiled plans to execute more than 500 electrification projects in the 2026 fiscal year, as part of a N170bn budget proposal aimed at expanding reliable power supply to public institutions...

GenCos Reject Presidency's N2.8trn Debt Deal   The Association of Power Generation Companies (GenCos) has firmly rejected claims by Presidency sources that N2.8tn constitutes a newly verified and final settlement of legacy debts owed to electricity generation companies, describing the assertion as inaccurate and misleading. In a...

CPTA Demands Solar Installation Safety Enforcement After Kano Market Fire Outbreak The Center for Peace, Transparency and Accountability (CPTA) has called for the immediate enforcement of regulatory standards for solar power installations across residential and commercial buildings nationwide, warning that weak oversight is fueling preventable...

Manufacturers Spend N676bn on Generators in Six Months   The Manufacturers Association of Nigeria (MAN) has warned that manufacturers spent N676.6bn on alternative energy in the first half of 2025 and still could not meet their power needs due to the country’s unreliable and unaffordable electricity...