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Company News

April 22, 2025
  • Company News, General Information
  • By kadunaelectric
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Kaduna Electric Reaffirms Commitment to Improving Power Supply in Kebbi State

Kaduna Electric welcomes the formation of a committee to address persistent power outages and concerns about the company’s performance by the Kebbi State Government. As a key player in the power sector, Kaduna Electric views this initiative as an opportunity to collaboratively identify systemic challenges and implement lasting solutions for better electricity services in the […]

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April 22, 2025
  • Company News, General Information
  • By kadunaelectric
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Power crisis: FG turns to banks for $23bn lifeline

In a bid to end age-long power woes, the Federal Government is in talks with commercial banks and other investors to fund its ambitious universal electricity access, which requires a whopping $23.2bn investment. The PUNCH learnt that Nigeria will require $23.2bn of aggregate investment to achieve the planned universal electricity access in five to 10 […]

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April 22, 2025
  • Company News, General Information
  • By kadunaelectric
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Electricity customers owe DisCos N497bn in 2024

Electricity consumers across the county owed the 11 electricity Distribution Companies (DisCos) N497.4bn debt in 2024, analysis of a quarter report produced by the Nigerian Electricity Regulatory Commission (NERC) has shown. The analysis showed that the DisCos issued out bills culminating into N2.19tr during the year with customers paying N1.69tr, meaning 23 per cent of […]

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April 15, 2025
  • Company News, General Information
  • By kadunaelectric
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Power generation: NMDPRA slashes gas price for GenCos

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has slashed the price of natural gas for power generation companies (GenCos) to $2.13 per million British thermal units. This is coming amid a debt of about N2 trillion owed by the GenCos to gas companies as a result of illiquidity. About a year ago, NMDPRA […]

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April 9, 2025
  • Company News, press
  • By kadunaelectric
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Nigerian Government Unbundles TCN, Inaugurates NISO Board and Management

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April 9, 2025
  • Company News, Default
  • By kadunaelectric
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Nigeria’s Power Generation Drops by 1.64% in March 2025

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March 24, 2025
  • Company News, General Information
  • By kadunaelectric
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EDITORIAL: The Air Force’s barbaric invasion of IKEDC must not go unpunished

For the victims, it was a most traumatic experience and an assault on their dignity. by Premium Times  March 24, 2025 Reading Time: 4 mins read It appears that savagery flows through the veins of the Air Force personnel in Lagos who invaded the headquarters of the Ikeja Electricity Distribution Company (IKEDC) early this month. They smashed […]

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March 24, 2025
  • Company News, General Information
  • By kadunaelectric
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Nigeria to learn power generation from Egypt – Minister

The Federal Government says it will learn power generation and transmission from Egypt which it described as a role model in the sector. The government also has reaffirmed its commitment to rural development through improved electricity access, The Minister of Power, Adebayo Adelabu, disclosed this during a recent meeting in Abuja with the Egyptian Ambassador […]

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March 20, 2025
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  • By kadunaelectric
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NERC Transfers Oversight of Plateau’s Electricity Market to PSERC

In compliance with the amended constitution of Nigeria and the Electricity Act 2023, the Nigerian Electricity Regulatory Commission (NERC) has issued an order to transfer regulatory oversight of the electricity market in Plateau state from the commission to the Plateau State Electricity Regulatory Commission (PSERC). NERC, in a note, recalled that with the EA 2023, […]

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March 20, 2025
  • Company News, General Information
  • By kadunaelectric
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Attacks on DisCos: Power minister seeks NSA’s intervention

The Minister of Power, Chief Adebayo Adelabu, has urged the Office of the National Security Adviser (NSA) to wade into the frequent attacks on facilities and officials of electricity distribution companies (DisCos). The minister, while condemning the latest attack on facilities at the substation of Eko Electricity Distribution Company (EKEDC) in Badagry, on March 14, […]

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