FG re-approves ₦3.3tn for power sector debt, but payments remain delayed, drawing scepticism from industry stakeholders…
Tag: NBET
FG Issues ₦501bn Power Bond to Clear GenCos’ Debts
The ₦501 billion bond aims to clear legacy debts and restore liquidity in Nigeria’s power…
FG Spends N458.75bn to Freeze Electricity Tariffs in Q3 2025 — NERC
The Federal Government of Nigeria spent N458.75 billion to freeze electricity tariffs for most Nigerian consumers…
GenCos Record Mixed Q3 Payments as Remittance Gaps Persist
Nigeria’s electricity market remittance performance remained uneven in the third quarter of 2025, according to the…
Reps Query Azura Over Omitted ₦18bn NBET Payments
The House of Representatives Ad hoc Committee investigating Nigeria’s power sector reforms and expenditures from 2007…
GenCos Turn Down FG’s Plan for 50% Waiver on ₦5tn Outstanding Debt
Power generation companies, GenCos, have rejected contract offers from the Federal Government requiring them to accept…
Power Dialogue: Experts Call for Bond Repayment, Structural Reforms in Nigeria’s Power Market
At the 111th edition of Nextier Power Dialogue, energy experts identified weak enforcement, policy inconsistency, and unreliable…
FG, GenCos Finalise ₦4trn Power Debt Plan
The federal government and electricity generation companies (GenCos) have agreed on the Nigerian power sector debt…
NISO to Dispatch 2,000MW of Stranded NDPHC Power
Nigeria’s Independent System Operator (NISO) has agreed to boost electricity dispatch from Niger Delta Power Holding…
Energy Expert Calls for Transparent Electricity Accounting in Nigeria
A leading energy expert and policy analyst, Mr Abdulrazaq Hamzat, has called for a more transparent…