NERC Orders DisCos to Fund Network Upgrades

Power Subsidy Hits N418bn as Systemic Losses Bleed Sector

Nigeria’s electricity sector remains a fiscal black hole, with the Federal Government incurring N418.79bn in subsidy obligations during the final quarter of 2025. A new report from the Nigerian Electricity Regulatory Commission (NERC) reveals that the state continues to shoulder over 52 per cent of generation costs. This massive intervention serves only to paper over…

Read Full News
Gas Drought Plunges National Grid Below 4,000MW

Gas Drought Plunges National Grid Below 4,000MW

Nigeria’s electricity generation has collapsed below the 4,000-megawatt (MW) mark as a persistent gas shortage chokes the nation’s thermal power plants. The Nigerian Independent System Operator (NISO) confirmed on Thursday that total grid output slumped to 3,940MW by 5:00 a.m., forcing widespread load shedding across all distribution networks. Within a three-hour window on Thursday morning,…

Read Full News