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   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   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...

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. 

DisCos Generate N466bn in Q3 as FG Shoulders N464bn Subsidy   The federal government incurred the sum of N464.12bn as subsidy payment in the electricity sector for the third quarter of 2024, a report by the Nigerian Electricity Regulatory Commission (NERC) showed. The report stated that the...

Nigeria Receives $500m W’Bank Loan to Boost Power Sector The Federal Government says it has received a $500m credit from the World Bank to boost the financial and technical capacities of electricity distribution companies. The Transmission Company of Nigeria said in a public notice on Thursday...