Tag: NERC report

Nigeria’s power supply falls to 32% in February as gas shortages hit generation capacity

Business Damilola Bayonle -
Nigeria’s electricity sector is facing renewed operational pressure as power generation dropped significantly in February, highlighting persistent structural challenges...

Power Debt Soars: Nigerians Owe DisCos N70bn in One Month

Business Damilola Bayonle -
Electricity consumers in Nigeria failed to remit over N70 billion to power distribution companies (DisCos) in May 2025, raising...

FG’s Power Subsidy Hits N536bn in Q1 Despite Debt Pile

Business Damilola Bayonle -
Despite mounting financial pressures and an outstanding ₦4.7tn debt to power generation companies (GenCos), the Federal Government of Nigeria...