The Federal Government is trying to hold the line on two major household costs as Nigerians continue to deal with higher living expenses: electricity tariffs and petrol prices. On September 21, 2026, the Minister of Power, Joseph Tegbe, said there were no plans to increase electricity tariffs for now, following reports that another hike could…
Aliko Dangote is preparing for another major expansion of his business empire, with plans to invest more than $10 billion in Africa’s power sector over the next three to four years while also taking his fertiliser business public in 2028. The announcements point to a wider shift in the Dangote Group’s strategy. Rather than focusing…
Nigeria’s power sector contracted by 10.63% in Q2 2026, extending its decline for a second consecutive quarter even as the wider economy recorded stronger growth. The figures raise a bigger question than the latest contraction: can Nigeria sustain economic growth without fixing its electricity supply chain? Power Sector Moves in the Opposite Direction According to…
The Nigerian Electricity Regulatory Commission (NERC) has dissolved the board of Kaduna Electricity Distribution Plc (KAEDC) after the company accumulated about ₦456.5 billion in market obligations, including ₦415.5 billion owed to Nigerian Bulk Electricity Trading and ₦41 billion owed to the Nigerian Independent System Operator. NERC has appointed an interim board and administrator for six…
A reported confrontation involving musician Duncan Mighty and electricity officials in Port Harcourt has once again exposed a problem that goes far beyond one celebrity, one house or one disconnection. Videos circulating online show a confrontation involving the singer, residents and officials during an attempted power disconnection at his residence. Reports say the situation escalated…
Nigeria has once again emerged as the country with the largest number of people living without access to electricity, a distinction no government wants to hold. According to the World Bank’s latest energy access data, around 86.8 million Nigerians still lack electricity, the highest figure globally despite years of investment and reforms in the power…
The Federal Government has announced plans to begin phasing out electricity subsidies from 2027 as part of broader reforms aimed at restoring financial sustainability to Nigeria’s power sector. Minister of Power Joseph Tegbe disclosed the plan during a media briefing in Abuja on Friday, saying the current subsidy regime has become unsustainable due to mounting…
The Manufacturers Association of Nigeria (MAN) has raised fresh concerns over the country’s rising production costs, warning that Nigerian factories are paying up to 10 times more for electricity than manufacturers in parts of Asia, making it increasingly difficult for local industries to compete globally. Speaking on the challenges facing the manufacturing sector, industry leaders…
