Power:

There Will Be No Immediate Tariff Increase, Federal Government Insists
There Will Be No Immediate Tariff Increase, Federal Government Insists The Federal Government has reiterated that it has no immediate plans to increase electricity

Minister of Power Secures Commitment for Establishment of Industrial Park
Minister of Power Secures Commitment for Establishment of Industrial Park The Honourable Minister of Power, Joseph Tegbe has secured a commitment from leading Chinese

NERC Tightens DisCos’ Revenue Use, Mandates Network Investment
NERC Tightens DisCos’ Revenue Use, Mandates Network Investment The Nigerian Electricity Regulatory Commission (NERC) has issued a revised order directing electricity Distribution Companies

NDPHC Holds Induction for New Staff
NDPHC Holds Induction for New Staff The three-day induction programme for newly engaged staff of the Niger Delta Power Holding Company Limited (NDPHC) culminated

Africa Has the Energy. But Who Will Finance It?
Africa Has the Energy. But Who Will Finance It? More than 150 oil and gas projects are reportedly stalled amid tightening international finance and persistent

Resilient Power Grids Critical to Nigeria’s Energy Security – Minister
Resilient Power Grids Critical to Nigeria’s Energy Security – Minister The Minister of Power, Joseph Tegbe, has called for electricity grids to receive the

Tegbe Assures Industries of Sustained Power Supply and Sternly Warns Against Energy Theft
Tegbe Assures Industries of Sustained Power Supply and Sternly Warns Against Energy Theft The Honourable Minister of Power, Joseph Tegbe, has assured industries operating

Minister of Power Vows to Stop N120b Annual Energy Theft Along Ikorodu-Sagamu Corridor
Minister of Power Vows to Stop N120b Annual Energy Theft Along Ikorodu-Sagamu Corridor The Minister of Power, Joseph Tegbe, has issued a stern warning

FG’s Electricity Subsidy Obligation Hits N1.93tn in 2025
FG’s Electricity Subsidy Obligation Hits N1.93tn in 2025 The Federal Government’s electricity tariff subsidy obligation stood at N1.928tn in 2025, as it continued to

Ajaokuta Steel Faces Power Disconnection over N5.46bn Electricity Debt
Ajaokuta Steel Faces Power Disconnection over N5.46bn Electricity Debt The moribund Ajaokuta Steel Company Limited and its host community are at risk of losing electricity supply over outstanding obligations of N5.46bn, the Nigerian Electricity Regulatory Commission has disclosed. According to NERC’s 2025 Annual Report, the steel company and the host community made no payment towards energy invoices and service charges issued by the Nigerian Bulk Electricity Trading Plc and the Market Operator throughout the year. The report showed that Ajaokuta Steel received an energy invoice of N4.96bn from NBET in 2025 but failed to make any payment. It also did not settle a N500m service charge invoice issued by the Market Operator, bringing its total outstanding obligation to N5.46bn. NERC said the persistent failure to settle the bills had become a concern, prompting the commission to escalate the matter to relevant Federal Government ministries for intervention. The commission warned that continued non-payment could result in the Ajaokuta complex being disconnected by its electricity service providers over its accumulated debt. The development comes amid renewed Federal Government efforts to revive the Ajaokuta Steel Complex, which has remained largely inactive decades after construction began. The electricity debt further highlights the financial difficulties facing the complex and broader challenges surrounding electricity bill payments by government-linked institutions and other major power consumers. Meanwhile, NERC disclosed that international bilateral electricity customers recorded weaker remittance performance in 2025 compared with their local counterparts. The international customers, comprising Société Nigérienne d’Électricité, Société Béninoise d’Énergie Électrique and Compagnie Énergie Électrique du Togo, were issued a combined invoice of $73.91m for ancillary services provided by the Market Operator. The three companies paid $62.75m, representing an 84.90 per cent remittance performance during the year. For local bilateral customers, invoices for ancillary services provided by the Market Operator stood at N13.20bn, while payments amounted to N12.75bn, representing a 96.60 per cent remittance performance. The figures highlight the continuing financial pressures within Nigeria’s electricity market, where unpaid obligations and weak remittances remain major challenges to the liquidity and sustainability of the power sector.