Power - Skypenewsnaija

No justification for electricity tariff hike without better service – Falana

Human rights lawyer and Senior Advocate of Nigeria (SAN), Femi Falana, has opposed outright electricity tariff increases by power distribution companies, insisting that such hikes must be backed by measurable improvements in power supply as required by law. Speaking on Channels Television’s Politics Today programme on Friday, Falana criticised successive PDP and APC administrations over […]

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June 5, 2026
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Economy

NDPHC revives 450MW Abia power plant after three-year shutdown

The Niger Delta Power Holding Company has announced the restoration of the 450-megawatt Alaoji Open Cycle Power Plant in Abia State after 36 months of shutdown caused by gas supply disruptions, metering disputes and mounting debts. The Managing Director and Chief Executive Officer of the NDPHC, Jennifer Adighije, disclosed this during a meeting with the […]

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May 21, 2026
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Breaking News

Power Sector Has No Quick Fix, Reforms Will Be Transparent If I Am Minister – Tegbe

The new Power Minister, Joseph Olasunkanmi Tegbe, has warned that Nigeria’s power crisis requires tough and transparent reforms, stressing that there are no quick fixes. Speaking during his screening at the Committee of the Whole on the floor of the Senate on Wednesday, Tegbe told lawmakers that the approach to the sector must change. “We […]

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May 6, 2026
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Business

TCN Declares Force Majeure After Storm Topples Ikeja–Osogbo 330kV Line

The Transmission Company of Nigeria (TCN) has declared a force majeure on the Ikeja West–Osogbo 330kV transmission line following damage caused by a severe rainstorm. In a statement issued on Sunday and signed by its General Manager, Public Affairs, Ndidi Mbah, the company said the incident occurred on Thursday, April 16, when the transmission line […]

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April 20, 2026
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Economy

FG Incurs N418bn Power Subsidy

The Federal Government incurred a subsidy obligation of ₦418.79 billion in the fourth quarter of 2025, according to the latest data from the Nigerian Electricity Regulatory Commission (NERC). The electricity market regulator in its 2025 Q4 Quarterly report, noted that total amount invoiced by the GenCos for energy delivered to each DisCo and the Differential […]

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April 15, 2026
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Breaking News

Presidency Clarifies ₦3.3trn Settlement Plan Approved For GenCos By Tinubu

The Presidency on Thursday clarified controversy surrounding the approval of a ₦3.3 trillion plan by President Bola Tinubu, to settle verified legacy debts owed to Power Generation Companies (GenCos) between February 2015 and March 2025. The initiative, under the Presidential Power Sector Financial Reforms Programme, aims to stabilise the power grid and improve electricity supply, […]

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April 10, 2026
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