NERC Clarifies States’ Limits on Power Regulation, Cautions on Tariff Cuts
The Nigerian Electricity Regulatory Commission (NERC) has clarified that state governments do not have jurisdiction over the national electricity grid ...
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Tag: #PowerSectorReform
States Move to Negotiate Fairer Electricity Tariffs Amid Industry Pushback
Commissioners of energy from Nigeria’s 36 states have expressed readiness to begin negotiations with power distribution companies (DISCOs) over electricity ...
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FG Secures $500 Million World Bank Loan to Boost Power Distribution
Despite the N4 trillion debt burden weighing on Nigeria’s electricity sector, the Federal Government has secured a $500 million loan ...
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FG Seeks $15.5bn Private Sector Investment for Mission 300 Power Project
The Federal Government has disclosed that $15.5 billion of the $32.8 billion needed for the Mission 300 Compact initiative is ...
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FG Reaffirms Power Sector Reforms, Targets $32.8bn Investment for Mission 300m
The Federal Government has reiterated its commitment to implementing far-reaching power sector reforms aimed at setting the industry on the ...
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FG Plans Cost-Reflective Tariff to Curb N4trn Power Sector Debt — Adelabu
The Federal Government is working on transitioning Nigeria’s electricity market to a cost-reflective tariff regime in a bid to halt ...
Read moreDiscos Collect ₦553.63bn in Q1 2025 According to NERC
Electricity Distribution Companies (Discos) in Nigeria collected ₦553.63 billion in revenue during the first quarter of 2025, according to the ...
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AMCON Confirms Sale of Ibadan Electricity DisCo for N100 Billion
The Asset Management Corporation of Nigeria (AMCON) has confirmed the sale of the Ibadan Electricity Distribution Company (IBEDC) for ₦100 ...
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NERC Transfers Electricity Market Oversight to Abia State Regulator
The Nigerian Electricity Regulatory Commission (NERC) has formally transferred regulatory oversight of the electricity market in Abia State to the ...
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States Take Charge of Electricity Regulation Under New Power Act
Operators and experts in Nigeria’s power sector have raised both concerns and optimism as states begin assuming regulatory control over ...
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