Bilateral Companies Owe Nigeria $8.5m for Power Supply - NERC The Nigerian Electricity Regulatory Commission (NERC) has reported that some international bilateral companies owe Nigeria’s electricity generation companies (GenCos) about $8.5 million in unpaid power supply. In its latest quarterly report, the Commission said the companies...

Nigerians to Enjoy Lower Electricity Tariffs Under New Act   The new Chairman of the Nigerian Electricity Regulatory Commission (NERC) Abdullahi Ramat, has revealed that schools, hospitals and low-income Nigerians will benefit from a tariff relief package under the Electricity Act 2023. This was as he made...

GenCos Raises Alarm Over Exclusion from FG's N4trn Debt Verification Process   The Association of Power Generation Companies (GenCos) has raised concerns over their exclusion from the Federal Government’s ongoing debt verification and reconciliation process, which seeks to address the N4tn owed to generation companies in...

Electricity Workers Call Off Strike Following Govt Negotiations   Electricity workers under the aegis of the National Union of Electricity Employees (NUEE) have suspended their nationwide strike after the Federal Government intervened in the dispute between the Transmission Company of Nigeria (TCN), the National Independent System...

NERC Rolls Out 148,077 Meters in 2 Months The Nigerian Electricity Regulatory Commission has disclosed that a total of 148,077 electricity customers were metered across the country in May and June 2025. According to the commission’s factsheet on the Metering Status of Distribution Companies released on...

Nigeria’s power sector faces a deepening financial crisis that could push the Federal Government’s liabilities to about N6.2 trillion by the end of 2025, amid the rapid exit of premium customers from the national grid.