• January 21, 2025
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PowerGen, Partners to Deploy 120MW Renewables Across Africa
climate energy news power renewables

PowerGen, Partners to Deploy 120MW Renewables Across Africa

January 16, 2025

PowerGen Renewable Energy (PowerGen) has partnered with leading international investors to establish a scalable, distributed renewable energy platform targeting the deployment of 120 megawatts (MW) of renewable power, including battery energy storage solutions across Africa. The platform is a collaboration between PowerGen and the Private Infrastructure Development Group (PIDG), the Danish Investment Fund for Developing Countries (IFU), EDFI Management Company, through […]Read More

Enugu, Ekiti, Ondo, Imo to Begin Electricity Generation, Transmission, Distribution
energy news power renewables

Enugu, Ekiti, Ondo, Imo to Begin Electricity Generation, Transmission, Distribution

January 14, 2025

The Nigerian Electricity Regulatory Commission (NERC) has confirmed that four state governments—Enugu, Ekiti, Ondo, and Imo—are now set to assume control of electricity generation, transmission, and distribution within their respective states. This follows the ongoing transfer of regulatory authority from NERC to state-level regulators. In an announcement shared on the social media platform X, NERC […]Read More

NERC Grants Niger State Control of Electricity Market Regulation
energy news power

NERC Grants Niger State Control of Electricity Market Regulation

January 10, 2025

The Nigerian Electricity Regulatory Commission (NERC) has issued an order transferring regulatory oversight of Niger State’s electricity market to the Niger State Electricity Regulatory Commission (NSERC). This decision aligns with the amended Constitution of the Federal Republic of Nigeria (CFRN) and the revised Electricity Act 2023. Niger State joins Enugu, Ekiti, Ondo, Imo, Oyo, Kogi, […]Read More

Aba Power Hikes Tariffs by 50% Amid Economic Challenges
energy news power

Aba Power Hikes Tariffs by 50% Amid Economic Challenges

January 7, 2025

Aba Power Limited Electric (APLE), an electricity distribution company (DisCo) serving nine Local Government Areas in Abia State, has announced a substantial increase in electricity tariffs, with rates soaring by over 50 percent. The revised tariffs, which came into effect on 1 January 2025, were authorised by the Nigerian Electricity Regulatory Commission (NERC). The company […]Read More

Abuja Faces Power Outages for 15 Days Amid TCN Upgrade
energy news power

Abuja Faces Power Outages for 15 Days Amid TCN Upgrade

January 6, 2025

Residents of Abuja will experience daily power outages lasting seven hours from January 6 to January 20, 2025. This disruption is due to the Transmission Company of Nigeria’s (TCN) relocation of power transmission towers along the Outer Southern Expressway. The planned outages are part of efforts to support the Federal Capital Development Agency’s (FCDA) road […]Read More

Jigawa To Acquire 10% Stake In Kano DisCo
energy news power

Jigawa To Acquire 10% Stake In Kano DisCo

January 2, 2025

The Jigawa State Government has approved and allocated N1 billion to acquire a 10 percent stake in the Kano Electricity Distribution Company (KEDCO). Sagir Musa, the Commissioner for Information, Youths, Sports, and Culture, made his known in a statement on Tuesday that the state executive council had approved the release of the funds. Musa said […]Read More

NERC Transfers Ogun Electricity Market Oversight to OGERC
energy news power

NERC Transfers Ogun Electricity Market Oversight to OGERC

December 31, 2024

The Nigerian Electricity Regulatory Commission (NERC) has officially transferred regulatory oversight of Ogun State’s electricity market to the Ogun State Electricity Regulatory Commission (OGERC), in line with the provisions of the amended Electricity Act 2023. Seven states, including Edo, Enugu, Ekiti, Imo, Ondo, Oyo, and Lagos, have also gained regulatory autonomy over their respective electricity […]Read More

TCN Announces Power Outages in Abuja for Maintenance Work
energy news power

TCN Announces Power Outages in Abuja for Maintenance Work

December 28, 2024

The Transmission Company of Nigeria (TCN) has announced planned power outages in Abuja this weekend to facilitate critical maintenance at two major transmission substations. In a statement issued on Saturday, 28 December 2024, Ndidi Mbah, General Manager of Public Affairs at TCN, confirmed that the maintenance work aims to improve the efficiency and reliability of […]Read More

Power Consumer Assistance Fund: A Sustainable Solution to Nigeria’s Electricity Crisis
blog energy power

Power Consumer Assistance Fund: A Sustainable Solution to Nigeria’s Electricity

December 24, 2024

Nigeria’s Electricity Supply Industry (NESI) continues to grapple with financial instability, driven by an unsustainable subsidy burden and insufficient market payments to Generation Companies (GenCos). As the sector teeters on the brink of liquidity crises, the Power Consumer Assistance Fund (PCAF) emerges as a critical solution, offering a structured alternative to subsidies while addressing the […]Read More

Lagos Gains Regulatory Autonomy Over Electricity Market
energy news power

Lagos Gains Regulatory Autonomy Over Electricity Market

December 18, 2024

Ikeja Electric to Create Subsidiary The Nigerian Electricity Regulatory Commission (NERC) has transferred regulatory oversight of the electricity market in Lagos State to the Lagos State Electricity Regulatory Commission (LASERC). Lagos Electricity Market Regulatory Autonomy aligns with the amended Constitution of the Federal Republic of Nigeria (CFRN) and the provisions of the Electricity Act 2023 […]Read More

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