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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…
Nigeria’s Transmission Company of Nigeria has added 600 megawatts to the national grid following the official commissioning of a new high-voltage transmission line project in Edo State, offering fresh hope for improved electricity supply across the country. The Managing Director and Chief Executive Officer of TCN, Sule Abdulaziz, made the announcement on Thursday at…
No fewer than 192 people were either killed or injured in electricity-related incidents across Nigeria in 2025, according to data released by the Nigerian Electricity Regulatory Commission, underscoring persistent safety failures within the industry. A breakdown of the figures shows that 109 deaths and 83 injuries were recorded during the year under review. While…
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…
