Electricity consumers in Nigeria paid N208.15 billion for power in May 2026, according to the Nigerian Electricity Regulatory Commission (NERC). The figure came as DisCos improved revenue collection efficiency to 82.32%, despite a drop in billing efficiency. NERC’s Commercial Performance Factsheet for May 2026 showed that the 11 electricity distribution companies received power worth N328.95…
.The Federal Competition and Consumer Protection Commission has told electricity distribution companies that customers will not bear the cost of replacing obsolete prepaid meters. FCCPC chief Tunji Bello issued the warning in Abuja. Bello spoke at a stakeholder engagement on consumer protection and regulatory cooperation in the electricity sector. The meeting brought together the Nigerian…
The federal government has confirmed it will end electricity subsidies from 2027. Minister of Power Joseph Tegbe announced this at a media interactive session on Friday. He said President Bola Tinubu gave the government a direct mandate to clear existing debts in the power sector and build structures that stop new liabilities from piling up….
The Minister of Power, Chief Joseph Tegbe, has called for harmonisation of regulatory and operational activities in the Nigerian Electricity Market. Chief Tegbe argued that this will ensure that power sector players work towards the onerous goal of increasing access to electricity supply for Nigerians, as power remains the bedrock for the development of any…
The Federal Government has reaffirmed its commitment to deploying electricity as a catalyst for economic growth rather than merely expanding power access, calling for stronger policy alignment and investment to accelerate the use of energy-efficient agricultural equipment across rural Nigeria.Speaking at the National Stakeholders’ Engagement Workshop on Productive Use of Energy (PUE) in Abuja, the…
Operators in the Nigerian Electricity Supply Industry have been told to avoid actions that could threaten the decentralisation of the electricity market. The Minister of Power, Chief Joseph Tegbe,Made it loud and clear at the workshop on Legal, Policy and Regulatory Harmonisation between federal and state institutions on the Decentralisation of the Nigerian Electricity Supply…
The Niger Delta Power Holding Company (NDPHC) has officially commenced the restoration of the 225MW Gbarain National Integrated Power Project (NIPP) in Bayelsa State, officially handing over the power plant to the Original Equipment Manufacturer (OEM), Schneider Electric/TILT Energy, for the commencement of rehabilitation works. The Managing Director/Chief Executive Officer of NDPHC, Engr. Jennifer Adighije,…
The Transmission Company of Nigeria, TCN, has confirmed a major disruption in electricity supply affecting the Lagos power network following a voltage instability on the national grid on Thursday morning. According to the company, the incident occurred at about 8:19 a.m. when a sudden voltage fluctuation developed within the national grid system and quickly spread…
The Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company (NDPHC), Engr. Jennifer Adighije, has reaffirmed the company’s commitment to delivering reliable and sustainable electricity across Nigeria, stressing that stable power supply remains critical to deepening democracy and driving economic growth. In her goodwill message to commemorate Democracy Day, Adighije said…
The Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, explained that the recent hike in prices of cooking gas in the domestic were driven largely by prevailing market realities such as foreign exchange volatility, rising logistics costs, infrastructure constraints, and fluctuations in international LPG prices. The Federal Government has therefore directed the Nigerian Midstream and Downstream…
