…the economy for over a decade.For Nigerian households and businesses battling frequent blackouts and rising generator costs, a fresh payment of longstanding power-sector debts is raising hopes of more reliable electricity.The Nigerian Bulk Electricity Trading Plc (NBET) has begun settling ₦728.979 billion owed to power…
…electricity sector reforms. “What we should be asking is the timeline for eradicating blackouts from our country. That is a work in progress. “But what Mr President has done by democratising the energy provision space has created opportunities like this. “We are confident that Nigeria will gradually eliminate blackouts…
…companies over the next 10 to 15 years, in a major shift aimed at tackling persistent blackouts and expanding electricity access across the country. Managing Director of the Rural Electrification Agency, Abba Aliyu, disclosed this on Thursday at the Oriental News 2026 Conference held in Ikeja, Lagos. Represented by the…
The electricity infrastructure of the Eko Electricity Distribution Company and the Ibadan Electricity Distribution Company has been disrupted by flooding, triggering power outages across communities in Lagos and Osun States. EKEDC said electricity supply to its network had been reduced after outages on the Oshogbo-Ikej…
DisCos announce blackouts in parts of Lagos and Osun over flooding The Eko Electricity Distribution Company (EKEDC) and the Ibadan Electricity Distribution Company (IBEDC) have announced power outages in several communities following disruptions caused by heavy rainfall and flooding.In a statement issued on Wednesday,…
…pay N358.32bn on electricity subsidies in the first quarter of 2026 despite persistent blackouts and operational challenges in the power sector, with the subsidy bill averaging over N119bn monthly as the government continues to freeze end-user tariffs. The Nigerian Electricity Regulatory Commission disclosed this in it…
Electricity distribution companies collected a total of N801.16bn from electricity consumers between January and April 2026 despite persistent power outages and supply constraints across the country, data obtained from the Nigerian Electricity Regulatory Commission has shown. The commercial performance factsheets relea…