Nigeria is taking bold steps to revive its faltering power sector, aiming to attract $15 billion in private investments while keeping its most vulnerable citizens in mind. At a World Bank energy summit in Tanzania, the government outlined a plan that combines higher electricity tariffs with fresh subsidies to ease the burden on households. Under…
For decades, Nigeria’s power sector has been on shaky ground — struggling with unreliable electricity supply, aging infrastructure, and an overdependence on fossil fuels. Grid collapse has become a recurrent experience, forcing households and businesses to rely on expensive and polluting generators. Amid these challenges, past and present governments always paint a hopeful picture of…
The Nigeria Labour Congress (NLC) has upbraided the Minister of Power, Adebayo Adelabu, for earmarking N8 billion in the 2025 federal budget to sensitise Nigerians on the need to pay electricity bills. The NLC’s position was conveyed in a statement signed by its President, Comrade Joe Ajaero in Abuja. The Federal Ministry of Power had…
Global leader in energy management and automation, and recognised sustainability leader, Schneider Electric, will play an active role at the World Economic Forum Annual Meeting 2025 (WEF) advocating for more collaboration to increase uptake of energy technologies and automation solutions. Slated for Davos, the annual meeting gathers global leaders from all sectors to address the…
Schneider Electric, the leader in the digital transformation of energy management and automation, today announced that its Wuxi factory in China has been recognized by the World Economic Forum (WEF) as a Sustainability Lighthouse. Designated an Advanced Lighthouse in 2021, this latest recognition for Wuxi specifically acknowledges the factory’s advanced solutions to reduce its environmental…
The Nigerian Electricity Regulatory Commission (NERC) has completed the transfer of regulatory oversight to four states The states are Enugu, Ekiti, Ondo, and Imo that are now fully in charge of the regulation of their electricity markets. NERC made this known in its X handle yesterday, noting it has begun the transfer of regulatory oversight…
Aba Power offers the lowest electricity tariff among Nigeria’s 12 electricity distribution companies (DisCos) despite the recent 50 per cent tariff increase approved by the Nigerian Electricity Regulatory Commission (NERC), effective January 1, 2025. This was confirmed in a statement by the South-Eastern Zone of the Electricity Consumers Association of Nigeria (ECAN) following its New…
Nigeria government said it is working to put an end to the national embarrassment usually caused by incessant collapse of the national electricity grid. It added that the issue has come to stay for now but would be tackled in the long term. The Minister of Power, Adebayo Adelabu, who spoke during a budget defence…
Aba Power Limited Electric (APLE) has announced over 50 per cent tariff hike for its customers. This decision followed the Nigerian Electricity Regulatory Commission (NERC) approval for the power company based in Southeast Nigeria. The electricity Distribution Companies (DisCo) operates a ring- fenced area in Aba, Abia State. The company disclosed this in a notice…
