By Seun Ibiyemi The Federal Government has commissioned a 3MW hybrid mini-grid and a Renewable Energy Workshop and Training Centre at Yakubu Gowon University, formerly the University of Abuja, as part of efforts to strengthen reliable electricity supply to public institutions and reduce dependence on diesel generators. The project, commissioned on Wednesday, was delivered under…
By Seun Ibiyemi The Minister of Power, Joseph Olasunkanmi Tegbe, has called for the intervention of the Economic and Financial Crimes Commission (EFCC) to tackle vandalism and energy theft in Nigeria’s power sector, which he said are costing the country billions of naira annually. Tegbe made the call on Tuesday, September 15, 2026, when he…
By Seun Ibiyemi The Transmission Company of Nigeria (TCN) has announced a seven-hour power interruption across several communities in Kogi and Edo states as it carries out annual preventive maintenance at its Ajaokuta Transmission Substation. In a notice issued on Monday, TCN said the maintenance is scheduled for Tuesday, September 15, 2026, from 9am to…
By Seun Ibiyemi The Federal Government has raised about ₦1.23 trillion through two bond issuances under its Presidential Power Sector Debt Reduction Programme to address the estimated ₦4 trillion legacy debt owed to electricity Generation Companies (GenCos). The Chief Executive Officer of Nigerian Bulk Electricity Trading Plc (NBET), Akin Odeyemi, disclosed this on Monday in…
By Seun Ibiyemi The Nigerian National Petroleum Company Limited (NNPC Ltd.) has intensified efforts to position Nigeria as a major global gas hub, with plans to expand the country’s proven gas reserves from over 215 trillion cubic feet (Tcf) to more than 600Tcf. The company also targets increasing national gas production to 10 billion standard…
By Seun Ibiyemi Nigeria is set to attract a major investment in local power equipment manufacturing following a commitment by Chinese equipment manufacturer TBEA to establish a power and energy equipment industrial park in the country. The commitment was secured by the Minister of Power, Joseph Tegbe, during a high-level meeting at TBEA’s headquarters in…
A fresh increase in petrol prices may be looming in Nigeria as Brent crude surged to $107 per barrel on Thursday from about $100 the previous day, raising concerns over higher domestic fuel costs. The latest rally has intensified pressure on the Nigerian downstream petroleum market, where petrol prices have already climbed from about ₦830…
By Seun Ibiyemi NNPC Retail Limited, a subsidiary of the Nigerian National Petroleum Company Limited (NNPCL), has commissioned its first Smart Self-Service Station on Bill Clinton Drive, Abuja, offering customers a technology-enabled fuelling and mobility experience. The new facility combines conventional fuel services with electric vehicle charging, compressed natural gas (CNG), liquefied petroleum gas (LPG),…
By Seun Ibiyemi The Minister of Power, Joseph Tegbe, has secured commitments from leading Chinese power engineering companies and financial institutions to accelerate the delivery of Presidential Power Initiative (PPI) projects and expand Chinese investment across Nigeria’s electricity value chain. The engagements took place in Beijing during the ongoing Nigeria-China power sector mission and focused…
By Seun Ibiyemi The Nigerian Electricity Regulatory Commission (NERC) has issued a revised Order on the utilisation of earned Non-Administrative Operating Expenditure (Non-Admin OpEx) by successor electricity Distribution Companies (DisCos). The Order, which takes effect from September 4, 2026, is aimed at accelerating network upgrades, improving service reliability and ensuring that available revenues are invested…
