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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…
The Federal Government has lost access to $717.7m in undisbursed World Bank financing originally earmarked to rescue Nigeria’s troubled electricity sector, following a joint decision by both parties to terminate the Power Sector Recovery Performance Based Operation. According to restructuring documents obtained from the World Bank, the cancellation was triggered by a formal request…
More than a decade after the privatisation of the defunct Power Holding Company of Nigeria, Nigeria’s electricity sector remains trapped in a cycle of stagnation, mismanagement, and institutional failure — and the country’s most prominent labour voice is pulling no punches about why. Joe Ajaero, President of the Nigeria Labour Congress and General Secretary…
Nigeria’s House of Representatives has lost patience with the country’s electricity distribution companies. Lawmakers directed eleven DISCOs on Thursday to refund ₦55.42 billion to the Central Bank of Nigeria. The money was originally a loan under the National Mass Metering Programme to fix a broken billing system. That programme began in 2020 but has failed…
The Nigerian Electricity Regulatory Commission (NERC) has ordered the Transmission Company of Nigeria (TCN) to slash regional power losses to 6.5% by the end of 2026. Under the new directive, which took effect today, the regulator is moving away from national averages to hold individual regions accountable for energy wasted in transit. Current data reveals…
Nigeria’s electricity grid added 349 megawatts of power over the last fortnight. Generation rose to 4,300MW on April 10 from 3,951MW in late March. This modest increase follows a pledge by the Minister of Power, Adebayo Adelabu, to stabilise a perennially fragile system. The improvement rests almost entirely on a steadier flow of gas to…
Global renewable energy capacity reached an unprecedented 5,149 gigawatts in 2025, marking a watershed moment in the worldwide transition away from fossil fuel dependence. The International Renewable Energy Agency disclosed the figures in its Renewable Capacity Statistics 2026 report, which documents the addition of 692 GW during the year and positions renewables as the dominant…
President Bola Tinubu has appointed Professor Shu’aibu Aliyu as the Executive Secretary of the Petroleum Technology Development Fund (PTDF). The academic replaces Ahmed Galadima Aminu, who resigned to pursue a governorship bid in Adamawa State for the 2027 elections. This change at the helm of the PTDF signals a shift towards research-driven leadership in Nigeria’s…
The Nigeria Labour Congress has petitioned the Federal Government over what it described as a planned ₦20bn “emergency refurbishment” contract within the Transmission Company of Nigeria, warning that the move could drain public resources and further weaken the country’s already fragile electricity transmission infrastructure. In a letter dated Sunday and addressed to the Minister…
President Bola Tinubu has moved to split the state’s monopoly on power transmission by creating the Grid Asset Management Company (GAMCO). The Federal Executive Council approved the plan on Wednesday to address the chronic instability of the national grid. Nigeria privatised its generation and distribution arms over a decade ago but kept the transmission lines…
