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DisCos fail to recover ₦125.7bn in two months despite ₦496bn customers’ billing
May 5, 2025DistributionFinanceNewsPower

DisCos fail to recover ₦125.7bn in two months despite ₦496bn customers’ billing

… revenue collection improves by 6.56% from January to February 2025 … Kaduna, Aba, Jos DisCos struggle with low collection efficiencies below 65% in early 2025   Oredola Adeola The electricity distribution companies (DisCos) in Nigeria failed to recover a…

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Tinubu to clear N4 trn GenCos debt within six months — Adelabu
May 5, 2025DistributionEnergy TransitionFinanceGasGenerationNewsPowerTransmission

Tinubu to clear N4 trn GenCos debt within six months — Adelabu

… Minister mulls electricity subsidy removal, urges Nigerians to embrace cost-reflective tariffs Oredola Adeola President Bola Ahmed Tinubu is set to address the N4 trillion debt owed to the Generating Companies of Nigeria (GenCos), with payment of the outstanding balance…

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FG to learn from Egypt’s energy model for stable, affordable power supply
March 24, 2025DistributionEnergy TransitionGenerationNewsPowerRenewablesTransmission

FG to learn from Egypt’s energy model for stable, affordable power supply

…. Egypt calls for activation of MoU with Nigeria to bridge metering gap, enhance energy collaboration Oredola Adeola The Federal Government has expressed its commitment to learning from Egypt’s experience in energy generation, transmission, and distribution to ensure reliable, stable,…

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Power Minister Adelabu, Adegbemle condemn military’s vandalism, assault on Ikeja, Eko DisCos staff
March 20, 2025DistributionImpactNewsPowerSabotage

Power Minister Adelabu, Adegbemle condemn military’s vandalism, assault on Ikeja, Eko DisCos staff

“It is a direct threat to stability of power supply, economic well-being” Minister “We demand independent investigation, prosecution of individuals involved, full restitution by the military” PowerUp Nigeria Oredola Adeola Chief Adebayo Adelabu, Minister of Power, has condemned the recent…

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Nigeria hits power generation milestone: 6,003MW available, 5,801.84MW peak evacuation, 128,370.75MWh daily output
March 6, 2025DistributionGenerationImpactNewsPowerTransmission

Nigeria hits power generation milestone: 6,003MW available, 5,801.84MW peak evacuation, 128,370.75MWh daily output

“FG must clear N1.94trn tariff shortfall, N2trn legacy debt to sustain power sector gains – Adelabu Oredola Adeola Nigerian power sector achieved a record available power generation of 6,003 megawatts (MW), the highest in the nation’s history, followed by another…

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Tinubu to present Nigeria’s energy compacts at Mission 300 energy summit in Tanzania
January 27, 2025DocumentaryEnergy TransitionGreen FinanceImpactMultilateral FinanceNewsPowerRenewablesSustainability

Tinubu to present Nigeria’s energy compacts at Mission 300 energy summit in Tanzania

… commits to sustainable electricity to 300 million people in Africa by 2030 Oredola Adeola President Bola Ahmed Tinubu is set to present Nigeria’s energy compacts during the Mission 300 Energy Summit, which begins on Monday in Dar es Salaam,…

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N8bn in 2025 budget for anti-vandalism campaign on radio, TV, newspapers, billboards, others – Power Minister says
January 24, 2025DistributionEnergy TransitionFinanceGenerationNewsPowerSabotageSecurityTechnologyTransmission

N8bn in 2025 budget for anti-vandalism campaign on radio, TV, newspapers, billboards, others – Power Minister says

… funds to strengthen community advocacy, technology, CSR projects in host communities Oredola Adeola Chief Adebayo Adelabu, Minister of Power, has clarified the N8 billion allocation in the 2025 budget appropriation for the Ministry of Power, was specifically dedicated to funding…

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UPDATED: MOJEC deploys over 300,000 prepaid meters across Nigeria in 2024 
January 23, 2025DistributionImpactNewsPowerSustainability

UPDATED: MOJEC deploys over 300,000 prepaid meters across Nigeria in 2024 

… installs 240,000 meters for DisCos … boasts of 5 million annual production capacity Oredola Adeola MOJEC International Limited, through its subsidiary; MOJEC Meter Asset Management Company (M3AC), with an annual installed capacity of up to 5 million meters, 300,000…

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Over 20 transmission towers vandalized between January 10-17, 2025
January 20, 2025DistributionGenerationNewsPowerTransmission

Over 20 transmission towers vandalized between January 10-17, 2025

…TCN decries worsening security situation as vandals, black market buyers escalate sabotage …130 transmission towers destroyed by vandals, bandits between Jan.13-Dec 18, 2024 -Advisors Reports’ check Oredola Adeola Nigeria’s power sector is grappling with a significant challenge as over 20…

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Outage hits Presidential Villa, Maitama, Wuse, 6 others as vandals steal 40 meters of of 1x500mm XLPE conductor
January 17, 2025DistributionNewsPowerTransmission

Outage hits Presidential Villa, Maitama, Wuse, 6 others as vandals steal 40 meters of of 1x500mm XLPE conductor

… 8 Abuja DisCo feeders affected, causing over 60% power disruption- TCN confirms Oredola Adeola A power outage has disrupted parts of the Presidential Villa, Maitama, Wuse, Jabi, Lifecamp, Asokoro, Utako, and Mabushi, following a vandalized 132kV transmission line and…

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