FG Denies Nigeria's Exclusion from World Bank's Electricity Reforms
The Federal Government has reaffirmed its commitment to the World Bank and African Development Bank’s Mission 300 initiative, saying it was among the first countries to sign on earlier this year, despite not appearing on a...
The Senate Committee on Power has raised concerns over the liquidity crisis bedeviling the power sector, lamenting that the tariff shortfalls in the industry have indicated that the government owes about N200bn to electricity generating companies every month.
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
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...