…NISO cuts N8b monthly transmission losses to 7.05% By Seun Ibiyemi A report by the Nigerian Electricity Regulatory Commission (NERC) has revealed that Nigerian consumers defaulted on electricity payments exceeding ₦63.46 billion to Distribution Companies (DisCos) in January 2026. This is even as Nigerian System Operator (NISO) revealed that it has reduced transmission losses which…
By Seun Ibiyemi The Chairman of the Nigerian Electricity Regulatory Commission (NERC), Musiliu Oseni, on Thursday chaired the first quarter 2026 Nigerian Electricity Supply Industry (NESI) Stakeholders’ Meeting in Lagos, where he called for a strategic shift toward proactive public engagement in the power sector. The quarterly NESI meeting brought together regulators and operators across…
By Seun Ibiyemi Nigeria’s Minister of Power, Adebayo Adelabu, has announced that the Federal Government is implementing urgent measures to address gas supply constraints responsible for the country’s persistent electricity shortages. Speaking at a press conference in Abuja on Tuesday, Adelabu acknowledged widespread public frustration over poor power supply, attributing the situation largely to inadequate…
By Seun Ibiyemi The Nigerian Independent System Operator (NISO) has clarified that electricity generated in the country has been consistently dispatched and fairly distributed to all Electricity Distribution Companies (DisCos), despite recent supply challenges. In a statement issued on Monday in Abuja, the system operator dismissed claims that any DisCo was allocated zero megawatts of…
By Seun Ibiyemi Electricity supply across Nigeria has remained unstable, with industry operators blaming the situation on persistent gas shortages and unresolved payment issues within the power sector. Power generation companies (GenCos) said inadequate gas supply has significantly reduced their ability to generate electricity, resulting in frequent outages and load shedding across many parts of…
By Seun Ibiyemi Industry experts in Nigeria’s energy sector have called on the Federal Government to prioritise bold privatisation over bureaucratic committees as the only sustainable solution to the country’s chronic power challenges and broader economic stagnation. In an interview with BusinessPointer, Engineer Eleojo Joseph stressed that while the generation and distribution segments of Nigeria’s…
Nigeria’s electricity sector remains one of the deepest scars on the nation’s development landscape, a chronic failure that blights households, cripples industries, and drains public finances. Despite successive government promises and eye‑watering budget allocations, the power grid continues to sputter, leaving citizens and businesses to pay the price for something that ought to be basic…
By Seun Ibiyemi The Eko Electricity Distribution Company (EKEDC) has announced a planned three-day power outage in the Lekki district of Lagos to allow engineers carry out network upgrade works aimed at improving electricity supply in the rapidly growing area. In a notice issued to customers, the company said the temporary disruption will affect residents…
By Seun Ibiyemi President Bola Tinubu on Friday inaugurated an 11-member committee to facilitate the incorporation of the proposed Grid Asset Management Company Ltd. (GAMCO) as part of efforts to strengthen Nigeria’s electricity transmission and grid management system. The inauguration took place at the State House in Abuja following the approval of the company’s establishment…
By Seun Ibiyemi The Nigerian Independent System Operator (NISO) has attributed the continued decline in electricity generation on the national grid to persistent gas supply challenges affecting several thermal power plants. In a statement issued on Thursday in Abuja, NISO disclosed that as of 5:00 a.m., total generation on the national grid stood at 3,940.53…
