Power Subsidy Ends in 2027 – FG

  Nigeria’s costly electricity subsidy is heading for the exit. Minister of Power Joseph Tegbe announced on Friday that the Federal Government will begin phasing it out from 2027, framing the move as central to rescuing a power sector buried under trillions of naira in unpaid bills. Speaking at a media session in Abuja, Tegbe…

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Presidency, Obi Clash Over 10,000MW Power Promise

A fresh dispute over Nigeria’s troubled electricity sector has opened between the Presidency and the opposition, after Special Adviser to the President on Information and Strategy, Bayo Onanuga, dismissed a campaign pledge by Peter Obi to raise power generation and distribution by at least 10,000 megawatts within four years. Onanuga criticised the recent promise by…

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MTN, Flour Mills Among 38 Firms Flouting Lagos Power Rules

  The Lagos State Electricity Regulatory Commission has named 38 companies operating across Lagos that have failed to apply for licences and the necessary regularisation despite repeated directives, raising fresh questions about compliance in the state’s emerging electricity market. The firms, which include MTN, Flour Mills, Golden Penny, First Global Commerce Solutions Limited, African Steel…

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Outrage Grows Over Band A Electricity Billing

Nigerians are paying significantly higher electricity tariffs under the Band A classification framework but receiving far less than promised, as fresh data and consumer accounts from across the country expose a deepening crisis of service delivery, regulatory failure, and growing public frustration. Two years after the Nigerian Electricity Regulatory Commission (NERC) decoupled Band A feeders…

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NERC Orders DisCos to Fund Network Upgrades

DisCos Face Revenue Slump Despite Efficiency Gains

Nigeria’s electricity distribution companies are learning a hard lesson in diminishing returns. Data from the Nigerian Electricity Regulatory Commission shows that improved operational efficiency failed to stop a revenue slide in February. The sector received 17.64% more energy by value than in January, yet total billings dropped by nearly 10%. This gap suggests that while…

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