POWER

The Nigerian Electricity Regulatory Commission (NERC) has announced a special compensation for band A customers affected by blackout and insufficient supply from grid generation constraints. In a statement, NERC said the directive was introduced in recognition of the significant generation shortfalls experienced across the Nigerian Electricity Supply Industry (NESI) between February and March 2026, which…

The Nigerian Electricity Regulatory Commission (NERC) says power distribution companies (DisCos) collected N196.13 billion in revenue in March. In its ‘commercial performance of distribution companies (DisCos)’ fact sheet for March, NERC said the figure represents a 0.28 percent decrease from the N196.68 billion revenue collected in February. According to the fact sheet, the DisCos realised…

The Nigerian Electricity Regulatory Commission has commenced its Net Billing Regulations 2026, a policy framework that allows electricity consumers to generate their own power from renewable energy sources and sell surplus electricity back to the national grid. In a statement posted on its verified X handle on Wednesday, the commission said the regulation is aimed…

The Transmission Company of Nigeria ,TCN, has announced an extension of the ongoing maintenance work on the Jos–Bauchi–Gombe 330kV single-circuit transmission line to facilitate the completion of the Optical Ground Wire OPGW, installation project along the corridor. In a statement issued weekend and signed by the General Manager, Public Affairs, Ndidi Mbah, TCN said the…

Installs over 40,000 solar-powered streetlights across metropolis Lagos State Government has unveiled an ambitious roadmap to end the “culture of blackouts” and establish a 24-hour electricity market driven by private sector investment, smart metering and independent power generation across the state. Commissioner for Energy and Mineral Resources, Mr. Biodun Ogunleye, disclosed this on Monday, during…

The initiative also supports the Distributed Access through Renewable Energy Scale-Up (DARES) programme, a national effort to expand electricity access through decentralised renewable energy solutions. The Rural Electrification Agency (REA), UK PACT, First City Monument Bank (FCMB), and ARMHIIL have launched a Green Finance Investment Facility (GFiF), a blended finance platform to mobilise large-scale private…

Nigerians will soon start paying more for electricityNigerians may soon pay more for electricity as the Nigerian Electricity Regulatory Commission reviews tariffs amid rising generation and transmission costs. NERC is reportedly reviewing electricity tariffs across customer bands. The move is linked to rising generation, transmission and gas costs. Nigerians are expressing concern over another possible…

The Federal Competition and Consumer Protection Commission (FCCPC) has thrown its support behind the Lagos State Electricity Regulatory Commission (LASERC) over new reforms aimed at eliminating estimated billing and improving transparency in electricity supply across Lagos State. The Commission commended LASERC’s position in the 2025 Lagos Electricity Market Report, particularly its backing for stricter enforcement…

The Lagos State Electricity Regulatory Commission (LASERC) has revealed plans to commence the pilot rollout of 24/7 electricity franchise zones across Lagos by October 2026 as part of efforts to transform the state’s electricity market. The disclosure was made by the Commission’s Chief Executive Officer, Temitope George, during the commission’s maiden stakeholder engagement at The…