Electricity

Nigeria’s real Gross Domestic Product (GDP) grew by 4.43 percent year-on-year in the second quarter of 2026, up from 4.23 percent in Q2 2025 and 3.89 percent in Q1 2026.

The Rural Electrification Agency (REA) has called for stronger coordination among government agencies, state governments, development partners, private operators and other stakeholders to prevent duplication and accelerate electricity access across Nigeria.

July 7 (THEWILL) — The Federal Government incurred an electricity tariff subsidy of N358.32 billion in the first quarter of 2026 as it continued to bridge the gap between cost-reflective electricity tariffs and the rates paid by consumers, according...

July 3 (THEWILL) — The Federal Government has unveiled Power Force, a new national initiative aimed at training 5,000 young Nigerians to support the accelerated deployment of smart electricity meters across the country. Launched by President Ahmed Tinubu on Thursday,...

May 26 (THEWILL) — The Federal Government has cancelled $717.7 million in undisbursed funding under the World Bank-backed Power Sector Recovery Performance-Based Operation (PSRO), dealing a major blow to Nigeria’s efforts to restore stability and financial sustainability in the...

February 27, (THEWILL) — Nigeria is currently experiencing widespread power outages and load shedding as electricity generation drops to approximately 4,300 megawatts (MW), the Nigerian Independent System Operator (NISO) has disclosed. In a statement issued on Friday, NISO...

September 26, (THEWILL) — The National Union of Electricity Employees (NUEE) has suspended its nationwide indefinite strike declared on Wednesday, over unresolved welfare and operational disputes with the Transmission Company of Nigeria (TCN). This follows the intervention of the Minister...

September 25, (THEWILL) — The National Union of Electricity Employees (NUEE) has declared a nationwide indefinite strike over unresolved welfare and operational disputes with the Transmission Company of Nigeria (TCN). In a statement signed by its Acting General Secretary, Dominic...

February 03, (THEWILL) – The Federal Government has dismissed reports suggesting an imminent hike in electricity tariffs, describing them as misinterpretations of official statements. A Bloomberg report had earlier quoted the Special Adviser to President Bola Tinubu on Energy, Olu...

August 01, (THEWILL) – The African Development Bank (AfDB) Group has approved a loan of $500 million for Nigeria, to finance the first phase of the Economic Governance and Energy Transition Support Program (EGET-SP). EGET-SP is an initiative aimed at...