Aba Power Hikes Tariffs by 50% Amid Economic Challenges

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

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

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

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

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

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

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

Nigeria to Add 150MW to National Grid by Year-End, Says

The Minister of Power, Adebayo Adelabu, has revealed plans to boost Nigeria’s national grid capacity by an additional 150 megawatts (MW) before the end of 2024. Adelabu shared this update on Thursday while addressing State House Correspondents after a high-level meeting between German President Frank-Walter Steinmeier and Nigerian President Bola Tinubu at the Presidential Villa […]Read More

National Power Grid Collapses Again, Plunging Nigeria Into Darkness

Nigerians have experienced another nationwide blackout following the collapse of the national power grid, marking the first grid failure in December 2024. This incident is the fourth grid collapse in the past three months, leaving many parts of the country grappling with prolonged power outages. Some regions are still recovering from the previous total system […]Read More

Breaking: Sanwo-Olu Signs Lagos Electricity Bill Into Law To Boost

Lagos State Governor Babajide Sanwo-Olu has officially signed the Lagos Electricity Bill 2024 into law. This legislation represents a significant step towards the state government’s objective of delivering a 24-hour electricity supply across Lagos, marking a major advancement in its power sector reforms. The bill follows the 2023 decision by the Federal Government to grant […]Read More

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