N3.7tn Debt Threatens Power Generation Power generation companies have declared that the sector’s indebtedness to companies that produce electricity is now N3.7tn and that this is a threat to further electricity production. Electricity producers under the aegis of the Association of Power Generation Companies drew the...

DisCos Generate N1.1tn in 2023 The Federal Government spent N628.61bn as subsidy on electricity in 2023, as power distribution companies collected a total revenue of N1.08tn during the same period, the latest industry data obtained from the Nigerian Electricity Regulatory Commission on Wednesday showed. An analysis...

Consumers Kick Against 40% Electricity Meters Price Hike  The Nigerian Power consumers have opposed the increase in the prices of meters, calling on the government to consider Nigerians' plight and reverse the price hike. The Federal Government, on Wednesday, announced an increase in the prices of...

N3trn Bill: NMPSR iPlans Roundtable to Brainstorm on Nigeria's Power Crisis By Zekeri Idakwo Worried by the huge amount of money spent by the Federal Government in the power sector since it was privatised in 2013, the Nigeria Electricity Supply Industry (NESI) Market Participants Roundtable (NMPSR)...

Electricity: Gas, Transmission, Distribution Facilities Hinder 10,106MW Generation         A total of 10,106.8 megawatts of electricity could not be generated by the nation’s power plants last week amid lingering challenges in the Nigerian electricity supply industry. Daily electricity generation in the country averaged 4,601.33MW last week as...

Discos Owe N416.94bn In Nine Months - NBET         Power distribution companies in the country failed to pay a total of N416.94bn for the electricity sold to them from January to September this year, the latest data from the Nigerian Bulk Electricity Trading Plc have shown. The...