The Niger Delta Development Commission has commenced an emergency upgrade of the electricity supply to its headquarters complex by formally handing over the project to Income Electrix, an integrated power company. Speaking during the handover ceremony at the NDDC headquarters, the Director of Community and Rural Development, Engr. Theophilus Alagoa, said the project was an…
The Federal Government and power generation companies have disagreed over the reconciliation of debts in Nigeria’s electricity market, with both sides offering differing accounts of the actual liabilities owed to the GenCos. The Minister of Power, Adebayo Adelabu, said the actual debt owed to generation companies may be significantly lower than widely reported, as ongoing…
The Nigerian Electricity Regulatory Commission (NERC) has inaugurated a new forum aimed at enhancing coordination and effectiveness in electricity regulation across Nigeria. The forum was inaugurated during the first quarter 2026 Regulatory Meeting with State Electricity Regulators (SERs) in Lagos. This was disclosed in a statement shared on X by NERC on its official handle…
The Federal Government said it has progressed in its plan on the proposed transcontinental gas pipeline aimed at delivering its vast natural gas to European markets. The proposed pipeline, still at an early development stage, is being advanced by a consortium of global industry players and will be subject to extensive technical, commercial, and regulatory…
The minister of power, says the federal government has taken decisive steps to address persistent gas supply challenges affecting electricity generation. Adelabu spoke in his Eid-el-Fitr message on Thursday. In a statement on Thursday by Bolaji Tunji, his special adviser on strategic communication and media relations, the minister expressed confidence that recent interventions are beginning…
Nigeria has launched an ambitious $750 million renewable electrification programme aimed at expanding electricity access through solar mini-grids and off-grid power systems, a move officials say could unlock over $1.1 billion in private investment and reshape the country’s energy landscape. The initiative, being implemented by the Rural Electrification Agency (REA), is expected to deploy 1,350…
President Bola Tinubu on Friday constituted an 11-member committee to ensure a hitch-free incorporation of the Grid Asset Management Company Limited (GAMCO). The inauguration of the high powered committee came barely 48 hours after the Federal Executive Council (FEC), at its inaugural meeting in 2026, approved the memo presented by the president for the establishment…
The African Union (AU), the African Commission on Nuclear Energy (AFCONE) and the OECD Nuclear Energy Agency (NEA) have signed a memorandum of understanding (MoU) to advance the peaceful application of nuclear science and technology for Africa’s socio-economic development. The NEA is an intergovernmental agency under the Organisation for Economic Cooperation and Development (OECD) that…
Germany’s Deputy Head of Mission in Nigeria, Johannes Lehne, said on Wednesday that the $2.3 billion Siemens power agreement between Nigeria and Germany remained largely dormant until President Bola Tinubu’s administration revived it after taking office. Speaking at the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in Lagos, Lehne said the bilateral partnership had…
State governments are now to bear the cost of electricity subsidy, along with the Federal Government, President Bola Tinubu, has directed. Vanguard gathered that funding for payment of the subsidy will now come from Power Assistance Consumers Fund, PCAF. PCAF is a government-backed financial pool designed to subsidise electricity bills for low-income and vulnerable households…
