Power crisis deepens, as DisCos lose ₦2.4tr

Power crisis deepens

…Blackouts worsen in North Nigeria’s electricity crisis has worsened, with Distribution Companies (DisCos) recording a combined loss of ₦2.349 trillion in two years due to billing inefficiencies and poor revenue collection, further straining the Nigerian Electricity Supply Industry. Data from the Nigerian Electricity Regulatory Commission (NERC) shows losses rose from ₦1.015 trillion in 2024 to ₦1.334 trillion in 2025, bringing cumulative losses for the two-year period to ₦2.349 trillion, driven by weak billing systems and collection challenges. The liquidity crisis has contributed to declining power generation, with output dropping from…

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Nigeria’s power crisis deepens, as GenCos shut down

GenCos shut down

The Association of Power Generation Companies (APGC) said the situation is making it difficult for GenCos to maintain their equipment, buy gas, and cover basic running costs. Nigeria’s power generation companies (GenCos) are warning that many of them are shutting down due to a huge debt of about ₦6.8 trillion. The Association of Power Generation Companies (APGC) said the situation is making it difficult for GenCos to maintain their equipment, buy gas, and cover basic running costs. According to APGC’s CEO, Dr. Joy Ogaji, the unstable national grid is also…

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Fresh blackout, as National Grid collapses again

National Grid collapses

Nigeria’s national power grid has recorded its first major collapse for the first time in 2025, barely  a fortnight into the new year. The collapse has resulted in a nationwide blackout to the despair of Nigerians. This incident marks the 13th occurrence in the past 13 months. Checks by newsmen showed that power generation dropped from 2111.01 megawatts as of 2 pm to 390.20 MW by 3 pm.A post by ‘The Energy’ podcast confirmed the blackout, stating: “National grid suffers major collapse… First in 2025”. Another post said: “Restoration has…

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Electricity: Average Nigerian home gets only 7hrs supply daily Report

NBS on electricity

Says 85.2% of households still on estimated billing A new report by the National Bureau of Statistics (NBS), has revealed that the average Nigerian household gets less than seven hours (6.6 hours) per day of electricity. The NBS, which disclosed this in its report, titled: Nigeria Residential Energy Demand-side Survey Report 2024, published on its website,  85.2% of Nigerian households still rely on the estimated billing model for electricity tariffs. According to the report, only 14.8% of households use the prepaid billing system during the period under review. The survey,…

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