The Federal Government may spend N2.36tn on electricity subsidies for low-income consumers in 2025.

NERC Transfers Regulatory Oversight to Four States The Nigerian Electricity Regulatory Commission (NERC) has completed the transfer of regulatory oversight to four states. The states are Enugu, Ekiti, Ondo, and Imo, which are now fully responsible for the regulation of their electricity markets. NERC made this known...

FG Permits Versities, Defence Academy to Generate Electricity  The Nigerian Electricity Regulatory Commission has permitted six Nigerian universities and the Nigerian Defence Academy to generate captive electricity. Also, Nigerian Breweries Plc got the approval to generate captive power in its offices located in Abia, Oyo, and...

DisCos Pay TCN N137bn Amid Persistent Grid Collapses The 11 electricity distribution companies (DisCos) operating in the country paid a total of N137.06 billion to the Transmission Company of Nigeria (TCN) in the first nine months of 2024 as transmission and administrative charges, despite the...

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...

DisCos’ Revenue Collection Efficiency Drops by 4.76% in Q3 2024 The Nigerian Electricity Regulatory Commission (NERC) has reported a decline in the revenue collection efficiency of Distribution Companies (DisCos) for the third quarter of 2024. The efficiency rate decreased by 4.76 percentage points, dropping from 79.31%...