FG Seeks Fresh World Bank Financing to Boost Power, Infrastructure Investment
Nigeria moves to expand access to World Bank guarantees and private-sector financing as the Federal Government seeks to accelerate infrastructure ...
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Tag: #PowerSector
FG Reviews $1.3bn Zungeru Hydropower Plant as Output Falls Short of 700MW Capacity
Federal Government intensifies regulatory oversight of the Zungeru Hydropower Project as the 700-megawatt facility supplies approximately 350 megawatts to the ...
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FG Rules Out Electricity Tariff Hike, Targets Power Supply, ₦3.3tn Sector Debt
The Federal Government says it has no plan to increase electricity tariffs as it focuses on improving supply, resolving power-sector ...
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FG Raises N728.9bn Bond to Clear Power Sector Debt, Targets N4tn Funding Programme
The Federal Government has raised N728.9 billion through a new bond issuance designed to address longstanding debts in Nigeria’s electricity ...
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FG Secures Chinese Commitments to Fast-Track Presidential Power Projects
The Federal Government has secured fresh commitments from Chinese engineering companies and financial institutions to accelerate projects under the Presidential ...
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Nigeria Records Lowest Electricity Tariff Among 14 Selected African Countries in 2025
Nigeria recorded the lowest average electricity tariff among 14 selected African countries in 2025, with an average allowed end-user tariff ...
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DisCos Fail to Collect N669.49 billion in Electricity Bills in 2025
Nigeria’s electricity distribution companies (DisCos) failed to collect N669.49 billion from electricity bills issued to customers in 2025, raising fresh ...
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NPA Saves NDPHC Billions Through Recovery of Abandoned Power Equipment
The intervention of the Nigerian Ports Authority (NPA) has saved the Niger Delta Power Holding Company Limited (NDPHC) billions of ...
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FG Targets 6,000MW Electricity Wheeling Capacity by December
The Federal Government has announced plans to wheel about 6,000 megawatts (MW) of electricity by December 2026, as part of ...
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TCN Raises Apapa, Ijora Transmission Capacity to 410 MVA
The Transmission Company of Nigeria (TCN) has increased bulk power transmission capacity around the Apapa corridor in Lagos with the ...
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