Electricity users across Nigeria failed to remit a total of N54.18 billion for energy consumed in February 2025, according to the Nigerian Electricity Regulatory Commission (NERC). This shortfall was disclosed in NERC’s latest Factsheet, which showed that out of the…
The Federal Government has officially ratified and adopted a comprehensive roadmap for the Nigerian Electricity Supply Industry (NESI) through the approval of the National Integrated Electricity Policy (NIEP).Mr Bolaji Tunji, Special Adviser on Strategic Communications and Media Relations to the…
…As GenCos raise alarm over liquidity crisis …Nigerians demand full probe as $2.96bn scandal rocks NNPCL By Seun Ibiyemi President Bola Tinubu is expected to hold direct talks with the leadership of Nigeria’s power Generation Companies (GenCos), following urgent deliberations…
President Bola Tinubu is expected to meet with the leadership of Nigeria’s power-generating companies as part of an emergency effort to address the N4tn debt threatening to cripple the country’s electricity supply chain. The move follows a high-level meeting on…
The Minister of Power, Mr Adebayo Adelabu has reiterated the Federal Government’s commitment to ensure stability in the power sector. Adelabu gave the assurance in his Easter message, signed by his Special Adviser on Strategic Communications and Media Relations, Mr…
…As tariff reforms drive historic growth By Seun Ibiyemi The Minister of Power, Mr Adebayo Adelabu, has revealed that Nigeria’s power sector recorded an additional N700 billion in revenue in 2024, marking a striking 70 per cent increase compared to…
…As Transcorp reports N94.1bn profit after tax By Seun Ibiyemi The Chairman of Transnational Corporation Plc (Transcorp), Tony Elumelu, has called on key stakeholders within the federal government to show courage and decisiveness in realising President Bola Ahmed Tinubu’s vision…
By Seun Ibiyemi Vice President Kashim Shettima on Tuesday inaugurated the Board of the Nigerian Independent System Operator (NISO) Limited at the State House in Abuja, marking a significant step in the federal government’s ongoing effort to restructure and strengthen…
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has voiced apprehension regarding the possible dangers associated with the Naira-for-crude oil policy. The association cautioned that the policy could threaten Nigeria’s foreign exchange stability and deter Foreign Direct Investment…
The ongoing destruction of Nigeria’s power infrastructure is no longer just an inconvenience but a looming threat to national security and economic stability. Over the past month alone, more than 18 transmission towers were vandalized in various states including Rivers,…
