Power Sector
Three Transmission Towers Collapse, Disrupting Power Supply in Keffi and Akwanga
Electricity supply has been disrupted in parts of Keffi and Akwanga in Nasarawa State after three transmission towers collapsed along the Karu-Keffi-Akwanga 132kV...
FG, Lagos Begin Joint Drive for 24-Hour Power Supply
The Federal Government and the Lagos State Government have agreed to work together to improve electricity supply across the Lagos corridor under the...
DisCos earn N603bn as power offtake drops
Nigeria’s electricity distribution companies collected N603.64 billion from customers in the second quarter of 2026 despite recording a decline in the volume of...
FG’s electricity subsidy reduces by N37bn over poor offtake
The Federal Government’s electricity subsidy obligation has reduced by N37bn due to a decline in electricity offtake, according to recent industry data. The...
Tegbe’s First 100 Days Highlight Push to Reform Nigeria’s Power Sector
Nigeria’s power sector has recorded a series of infrastructure, renewable-energy and regulatory initiatives during Joseph Tegbe’s first 100 days as Minister of Power,...
Speaking during a media briefing in Abuja on Monday, September 21, 2026, Minister of Power Joseph Tegbe dismissed reports of an impending electricity tariff increase.
Tegbe said the government's priority was to improve electricity supply, strengthen the financial stability of the power sector, and address infrastructure challenges rather...
Firm Launches Mini-Grid Project to Supply Electricity to 6,000 Nigerian Homes
A renewable energy firm has unveiled a mini-grid project aimed at providing reliable electricity to about 6,000 homes in Nigeria as part of...
CardinalStone Closes N728.97bn Series 2 Power Sector Bond
CardinalStone Partners Limited has announced the successful closure of the N728.97 billion Series 2 Power Sector Bond, marking a major transaction in Nigeria’s...
