Electricity

Power Grid Suffers Major Blow As Heavy Rain Collapses Three TCN Towers, Cuts Keffi, Akwanga Supply

The Transmission Company of Nigeria (TCN) has suffered a major infrastructure setback after heavy rainfall caused the collapse of three transmission towers along the Karu-Keffi-Akwanga 132 Kilo Volt (kV) transmission line corridor.

REA, Stanbic IBTC Seal ₦100bn Financing Deal To Boost Renewable Energy Projects

The Rural Electrification Agency (REA) has secured a ₦100bn financing facility from Stanbic IBTC Bank to support renewable energy developers and accelerate electricity access in unserved and underserved communities across Nigeria.

Energy Crisis: Japan Raises Alarm As Nigerian Industries Bleed Trillions Of Naira On Costly Power

The Japan International Cooperation Agency (JICA) has raised the alarm over the huge financial burden imposed by Nigeria’s energy inefficiency, warning that the country must urgently embrace energy-saving technologies to cut costs, boost productivity and strengthen energy security.

Nigeria’s Economy Rises 4.43% as Power Sector Contracts 10.63%

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.

REA Warns Fragmented Power Projects Could Slow Nigeria’s Electricity Access Drive

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.

FG’s Electricity Subsidy Bill Falls 14% to N358.3bn in Q1 2026 – NERC

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...

FG Unveils Power Force, Targets 5,000 Youths for Smart Meter Deployment

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,...

FG Cancels $717.7m World Bank Power Loan as Nigeria’s Electricity Crisis Deepens

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...

Power Outages, Load Shedding as Gas Shortfall Cuts Nigeria’s Electricity Generation to 4,300MW

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...

Electricity Workers Suspend Nationwide Strike

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...
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Give Account Of Your Stewardship Instead Of Defaming Credible People

The Edo State opposition accuses Governor Monday Okpebholo of making baseless allegations against former governors Godwin Obaseki and Peter Obi, urging him to focus on delivering tangible development rather than deflecting criticism of his administration.
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