By Seun Ibiyemi President Bola Tinubu has initiated plans to establish a Grid Asset Management Company (GAMCO) as part of efforts to strengthen Nigeria’s electricity transmission network and address persistent challenges in the power sector. The Minister of Information and National Orientation, Mohammed Idris, disclosed this on Wednesday after the meeting of the Federal Executive…
By Seun Ibiyemi The Nigerian Electricity Regulatory Commission (NERC) has reported that Electricity Distribution Companies (DisCos) successfully metered 109,556 customers in December 2025, marking a notable increase from 88,592 customers in November. The figures, released in the NERC Metering Factsheet for November and December 2025 in Abuja, indicate that the national metering rate rose to…
By Seun Ibiyemi The Association of Power Generation Companies has dismissed reports claiming that ₦2.8 trillion has been verified as the final settlement of legacy debts owed to electricity generation companies, describing the figure as misleading and unfounded. In a statement released on Monday in Abuja titled “APGC Position on Misleading Reports Regarding GenCos’ Debt…
The Managing Director of the Rural Electrification Agency (REA), Abba Abubakar Aliyu, has described Nigeria’s electricity access programme as one of the most ambitious infrastructure projects currently underway globally. Aliyu made the remark during a panel session at the Nigeria International Energy Summit (NIES) titled “Reliable, Sustainable & Inclusive Power for Africa’s Future,” where discussions…
Nigeria’s electricity crisis has deepened as about 58 per cent of publicly funded dam projects intended to support power generation remain stalled or abandoned, despite hundreds of millions of naira already disbursed. Hydropower currently accounts for roughly 30.1 per cent of Nigeria’s electricity supply, making it the country’s second-largest energy source after thermal generation, yet…
Experts, power sector operators and electricity Distribution Companies (DisCos) have expressed divergent views on the Federal Government’s directive mandating the rollout of free prepaid meters to electricity consumers nationwide. They said this with reacting to the directive in an interview with newsmen on Sunday in Lagos. Reports that the Minister of Power, Mr Adebayo Adelabu,…
