The Nigerian government has approved the creation of a new entity, the Grid Asset Management Company (GAMCO), to tackle the country's persistent power challenges. The move, proposed by President Bola Tinubu, aims to fix the longstanding challenges in the nation's electricity supply, especially the transmission segment. The approval for the company's establishment was granted during …
The Rural Electrification Agency (REA) has stated that the Nigerian government's $750 million renewable energy programme is expected to act as a catalyst, generating an additional $1.1 billion in private sector investment. The REA Managing Director, Abba Aliyu, said this initiative is a cornerstone of Nigeria's strategy to significantly expand electricity access through off-grid solutions. …
The Nigerian Electricity Regulatory Commission (NERC) has issued a fresh order directing Electricity Distribution Companies (DisCos) to refund a total of ₦20.33 billion to customers who paid for meters under the Meter Asset Provider (MAP) scheme. This directive is outlined in Order No. NERC/2026/025, signed on February 27, 2026, by NERC Chairman Musiliu Oseni and Commissioner Dafe …
For decades, the national grid has been the only affordable path to power for the average Nigerian, but it remains unreliable. Experts have pointed out that the power crisis has constrained growth, frustrated households, and inflated business costs. In the absence of a stable electricity supply, people have often resorted to expensive petrol and diesel-powered …
The Association of Power Generation Companies (APGC) CEO, Dr. Joy Ogaji, says the debt owed to GenCos is now over ₦6 trillion due to a persistent shortfall in payment for electricity generated and supplied to the national grid. Ogaji, who appeared on Arise News Morning Show on Thursday, said power generation companies currently invoice approximately …
Generation Companies (GenCos) has debunked a claim by the Nigeria Labour Congress (NLC) that the proposed measure by the Federal Government to settle power sector debts amounts to "political settlement.” GenCos said NLC’s allegation is a misrepresentation of facts. Pinnacle Daily reports that NLC recently criticised the ongoing arrangement by the Federal Government to pay …
Residents and business owners across the Federal Capital Territory, Abuja, and surrounding areas have expressed frustration as the Abuja Electricity Distribution Company (AEDC) has recorded multiple power outages since the start of the year 2026. The residents have been grappling with power supply disruption arising from grid collapses, technical faults and scheduled maintenance. Between January …
The recurring cases of national grid collapse in Nigeria have highlighted the need for a reliable power source to meet electricity demands by households and businesses across the country. This quest has reignited calls for the development and integration of nuclear power into Nigeria’s energy mix as one potential solution to resolving longstanding electricity challenges. …
The protracted electricity metering crisis in Nigeria has taken a fresh turn with an ongoing standoff between the Federal Government and Electricity Distribution Companies (DisCos). This friction over meter installation has left millions of unmetered consumers trapped in a cycle of "arbitrary" estimated billing. The $500 Million Metering Dispute At the heart of the dispute …
Nigeria's electricity distribution companies (DisCos) recorded a loss of ₦60.65 billion in revenue in November 2025, reflecting ongoing collection challenges. This was disclosed in a report released by the Nigeria Electricity Regulatory Commission (NERC). The NERC’s Factsheet, which contains the commercial performance data of the DisCos for November 2025 show that ₦269.43 billion was total …
