The Federal Government is projecting nearly $1bn (about N1.49tn) in annual revenue from electricity exports to 15 West African Countries under the Economic Community of West African States sub-region from June 2026. The earnings are based on what a full 600 megawatts export capacity is capable of generating at the prevailing regional tariff, as Nigeria…
The Enugu Electricity Distribution Company, EEDC, has commenced the second phase of its free prepaid metre distribution under ‘Tranche B’ of the Metre Acquisition Fund, MAF, metering programme. MAF is a metering initiative instituted by the Nigerian Electricity Regulatory Commission, NERC, to close the existing metering gap in the sector and put an end to…
The Eko Electricity Distribution Company (Eko DisCo) has launched the second phase of its free prepaid meter rollout across its franchise areas, reaffirming that customers will not be charged any fees for installation, processing, or registration. The initiative, part of Eko DisCo’s broader commitment to transparency, customer protection, and billing accuracy, aims to close the…
The Nigerian Electricity Regulatory Commission (NERC) has urged the Federal Government to spend the significant part of the $ 2 billion available to the Rural Electrification Agency (REA) to proffer solutions to the power supply challenges of the country’s industrial hubs. Vice Chairman, Dr. Musiliu Oseni, gave the charge, while speaking at the Nigerian Electricity…
The Federal Government and investors in the Nigerian Electricity Supply Industry (NESI) have expressed differing views on whether state governments currently have the capacity to regulate electricity markets within their jurisdictions. The disagreement surfaced at an event in Abuja marking the 20th anniversary of the Nigerian Electricity Regulatory Commission (NERC). Speaking on behalf of the…
The Nigerian Electricity Regulatory Commission (NERC) announces the commemoration of its 20th Anniversary—marking two decades of dedicated service in regulating and shaping the Nigerian Electricity Supply Industry (NESI). A statement by the Management reveals that the anniversary commemoration reflects on the Commission’s remarkable journey — from the early challenges of its establishment, through the regulation…
The Federal government says a targeted electricity subsidy is being developed to protect vulnerable households while ensuring the long-term commercial viability of the industry. The Minister of Power, Adebayo Adelabu, who made the disclosure at the Nigeria Energy Forum in Lagos, said that the government would also introduce a minimum capital adequacy requirement for distribution…
As part of efforts to address the metering gaps in the power sector, the Federation Account Allocation Committee (FAAC), has secured N7000BN, under the Presidential Metering Initiative (PMI) to deploy 1.1 million meters by the end of 2025, and 2 million meters annually for the next five years. This is to complement the 3.2 million…
The Energy Commission of Nigeria has reaffirmed the Federal Government’s commitment to tackling electricity challenges in public hospitals and universities through increased investment in renewable energy. The Director-General of the ECN, Dr. Mustapha Abdullahi, disclosed this in a statement issued on Thursday to mark his two years in office. He said the Renewed Hope Solarisation…
Three northern Nigerian states, Kano, Katsina, and Jigawa, have announced a partnership to form a tri-state electricity market. This comes as the states teamed up to acquire equity stakes in the Kano Electricity Distribution Company (KEDCO), which has Future Energies Africa as its core investor. This was disclosed in a statement by the spokesperson of…
