ICRC to optimise 700MW Zungeru Hydropower PPP
The Infrastructure Concession Regulatory Commission (ICRC) has stepped up its regulatory oversight of the $1.3 billion, 700-megawatt Zungeru Hydropower Project, with a view to improving the plant’s performance.
62.5% rise in electricity sector debt threatens FG’s N1.2trn bond
Efforts by the Federal Government (FG) to address debts owed to electricity generation companies (GenCos) may be facing increasing challenges as the debt burden rose 62.5% to N6.5 trillion at end 2025, up from N4trillion recorded at the beginning of the year.
Cold room operators protest 300% electricity tariff hike in Benin
By Ozioruva Aliu BENIN CITY— Cold room operators in some parts of Benin City, under the aegis of Cold Room/Landlord Operators of Upper Lawsni Feeder, have protested a 300 per cent increase in electricity tariff following their transfer from Band B to Band A metering system by Benin Electricity Distribution Company, BEDC. The operators, through […]
Electricity: FG proposes N1.096trn for capital projects in 2026 budget as REA tops with N502bn
The Federal Government has proposed a total of N1.096 trillion for the execution of capital projects in the power sector in the 2026 Appropriation Bill, with the Rural Electrification Agency (REA) receiving the highest allocation of N502.21 billion.
Electricity: Togo, Niger, Benin owe Nigeria N25bn; Ajaokuta Steel, community, N1.03bn
NERC disclosed that Togo, Niger, and Benin owe Nigeria $17.8 million, an equivalent of over N25 billion
5.36m electricity customers remain without meters — NERC
By Obas Esiedesa, Abuja The Nigerian Electricity Regulatory Commission (NERC) has disclosed that 5.36 million electricity customers nationwide remain without meters, leaving them exposed to the unpredictable estimated billing methods by distribution companies (DisCos). According to the Commission’s third-quarter 2025 industry report published on its website, as of 30 September 2025, only 6.662 million of the 12.030 […]
