Nigeria’s Minister of Power, Adebayo Adelabu, has disclosed that the Federal Government is in discussion with the Export-Import Bank of China to secure a $2 billion loan to fund the development of a new national "super grid," which will stabilize energy supplies and encourage industrial growth across the country. Adelabu made this known at the …
Eko Electricity Distribution Company Plc (Eko DisCo) has registered a subsidiary, Excel Electricity Distribution Company Limited, to taker over the operations of its electricity distribution business in Lagos State. In a statement released on Tuesday, October 7, 2025, the management of Eko DisCo clarified that the creation of the subsidiary was in compliance with regulatory …
The Nigerian Independent System Operator (NISO) has said Wednesday’s National grid collapse was caused by a system disturbance resulting from the tripping of a Generation company. Pinnacle Daily reported that the national grid collapsed on Wednesday, resulting in a significant loss of power supply from distribution companies across the country. From about 4,500 megawatts, data …
Nigeria's electricity crisis remains one of the most significant constraints on its economic development. Despite being Africa's largest economy, Nigeria struggles with chronic power shortages, with operational output hovering around 5,000 megawatts (MW) for a population of over 200 million people. The centralised model of electricity generation, transmission, and distribution has, according to experts, proven …
By Victor Ezeja Prepaid meter deployment in Nigeria has been hampered by high costs, systemic corruption, and inefficiencies, leaving millions of consumers at the mercy of an arbitrary and exploitative estimated billing system. Since the privatisation of the power sector more than a decade ago, the Federal Government has continued to adopt measures to close …
By Esther Ososanya In a strategic push to stabilise Nigeria’s fragile power supply, the federal government has added 50.4 megawatts (MW) to the national grid with the commissioning of a high-capacity mobile substation in Eleyele, Oyo State. Power Minister Adebayo Adelabu, who led the commissioning on Thursday, said the substation was delivered through a partnership …
