By Jemimah Wellington, JKNewsMedia Correspondent STRONG INVESTOR demand has backed a N501 billion inaugural bond issued by the Federal Government of Nigeria (FGN) under the Presidential Power Sector Debt Reduction Programme (PPSDRP), with participation from pension funds, banks, asset managers and other investors. JKNewsMedia.com reports that...
By Jemimah Wellington, JKNewsMedia Correspondent EXTORTION LINKED to electricity meter installation has been outlawed, with the Federal Government banning distribution companies and installers from collecting any payment and warning that offenders will face prosecution. JKNewsMedia.com reports that the Minister of Power, Adebayo Adelabu, issu...
By Jemimah Wellington, JKNewsMedia Correspondent IMPROVED ELECTRICITY generation has followed the repair and restoration of vandalised gas infrastructure and the enhancement of gas supply to key thermal power plants, signalling a positive shift toward stabilising power supply and strengthening grid reliability nationwide. The Nigerian Indepen...
By Joke Kujenya POWER SUPPLY to several Band A feeders across parts of Lagos fell below the mandated 20-hour minimum between December 21 and 22, 2025, prompting an apology from the electricity distribution company as the Federal Government blamed ongoing outages on gas supply shortages. Electricity consumers on multiple Band A feeders experie...
By Ajibola Olaide, JKNewsMedia Correspondent REGULATORY LEADERSHIP in Nigeria’s electricity sector has been reset by President Bola Tinubu following a presidential approval of a newly reconstituted Board of the Nigerian Electricity Regulatory Commission (NERC), coming after confirmation by the Senate on December 16. The approval authorises a ...
By Jemimah Wellington, JKNewsMedia Correspondent THE NUMBER of active electricity customers in Nigeria climbed to 11.96 million in August 2025, up from 11.89 million recorded in July, according to the Nigerian Electricity Regulatory Commission (NERC). The update, published through the Commission’s verified X (formerly Twitter) and Instagram h...
By JKNewsMedia ENERGY TRANSFORMATION framed key deliberations as the Federal Government reaffirmed its drive to reposition Nigeria’s power sector for sustainability, efficiency, and inclusive growth. Addressing participants at the 2025 OTL Africa Energy Forum in Lagos, the Honourable Minister of Power outlined wide-ranging policy actions, leg...
By Duro Obalola, JKNewsMedia Intern COMMITMENT TO expanding clean energy access in Africa received renewed backing as the Global Energy Alliance for People and Planet (GEAPP) praised Nigeria’s progress towards achieving the Mission 300 target. The commendation came during a visit by a GEAPP delegation to the Federal Ministry of Power, where d...
By Jemimah Wellington, JKNewsMedia Correspondent DATA FROM the Nigerian Electricity Regulatory Commission (NERC)’s Second Quarter Report for 2025 has revealed that the Federal Government’s outstanding power subsidy to electricity generation companies reached N1.05trillion within the first half of the year. The report showed that the governmen...
By Jemimah Wellington, JKNewsMedia Correspondent UNINTERRUPTED ELECTRICITY supply remains a core promise of President Bola Ahmed Tinubu’s administration, with the Federal Government reaffirming its commitment to transforming Nigeria’s power sector before the end of his term. This assurance was delivered by the Minister of Power, Adebayo Adela...
