Nigeria has issued its first power sector bond worth ₦501 billion to clear legacy debts and…
Tag: Nigeria Power Sector
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 Orders Free Meter Installation Nationwide
The government mandates the nationwide free installation of 500,000 newly imported smart meters. DisCo officials face…
Minister Advocates Local Production of Electricity Components
Collaboration between ECN and REA will drive local production of electricity components and reduce reliance on…
Power Output Slumps as Plants Run Below Capacity
Nigeria’s electricity sector ended December 2025 with severe underperformance, as Nigeria’s power generation capacity remained vastly…
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…
Nigeria Accelerates Rural Electrification
The Nigerian Government, through the Rural Electrification Agency (REA), has reaffirmed its commitment to the Nigerian…
REA, NBS Collaborate to Strengthen Energy Data in Nigeria
The Rural Electrification Agency (REA) and the National Bureau of Statistics (NBS) have formalised their energy…
Nigeria Needs $26bn to Fix Power Gap — REA MD
Nigeria needs an estimated $26 billion to close its widening electricity shortfall. Nigeria’s energy funding gap…
Are Cost-Reflective Tariffs Working?
Nigeria’s electricity sector has undergone one of its most far-reaching reforms in recent years. Beginning in…