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 …
The push for a decentralized power system in Nigeria has intensified in recent times as the collapse of the national grid persists, becoming a major crisis for the country’s electricity sector. Multiple collapses in recent times have plunged different parts of the country into prolonged outages, disrupting homes, businesses, hospitals, and industries, with the attendant …
In a landmark move for Nigeria’s energy sector, the Federal Government has successfully issued a ₦501 billion inaugural bond to settle decade-old debts owed to Generation Companies (GenCos). The bond issuance, which closed on January 27, 2026, marks the first major tranche of the Presidential Power Sector Debt Reduction Programme (PPSDRP). The bond issuance recorded …
The power grid has collapsed again, causing a nationwide blackout. This comes four days after the first major incident in 2026. Electricity supply from the grid to distribution companies (DisCos) across the country dropped to 0.00 megawatts (MW) from over 4,000MW on Tuesday morning, reflecting a nationwide power outage. Real-time data displayed on the Nigerian …
