World Bank Unveils $23bn Plan to Boost Investment and Jobs Across Africa
The World Bank Group has announced a major financial initiative aimed at attracting about $23 billion in private investment into ...
Tag: electricity
NERC, ONSA Join Forces to Protect Nigeria’s Power Infrastructure
The Nigerian Electricity Regulatory Commission (NERC) and the Office of the National Security Adviser (ONSA) have agreed to strengthen collaboration ...
Transcorp Commends FG as Power Sector Debt Repayment Begins
The President and Group Chief Executive Officer of Transnational Corporation Plc, Owen Omogiafo, has revealed that the Federal Government has ...
Ogun Moves to Fix Power Gaps with Statewide Electricity Audit
The Governor of Dapo Abiodun has revealed plans to carry out a detailed electricity audit across Ogun State. The goal ...
Reps Order Electricity Firms to Refund N55.42 Billion Over Failed Metering Programme
The House of Representatives has instructed 11 electricity distribution companies (DISCOs) to return a total of N55.42 billion they received ...
Nigeria Loses Up to N8bn Monthly to Transmission Gaps – NISO
Nigeria’s power sector is losing between N5bn and N8bn every month due to transmission inefficiencies. The Managing Director of NISO, ...
Gas Supply Crisis Deepens Power Outages Across Lagos, Says Ikeja Electric
Ikeja Electric has attributed the worsening electricity supply across Lagos to a nationwide decline in power generation caused by inadequate ...
FG to Share Electricity Subsidy Costs with States, LGs from 2026
The Federal Government has announced plans to discontinue the practice of bearing electricity subsidy costs alone, unveiling a framework that ...
FG takes major step to clear N4tn power sector debt
The Federal Government has moved closer to resolving Nigeria’s long-standing power sector debt after five electricity generation companies signed settlement ...
Gombe Takes Control of Intrastate Electricity Market as NERC Transfers Oversight
The Nigerian Electricity Regulatory Commission (NERC) has formally transferred regulatory authority over the electricity market in Gombe State to the ...
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