August 5, 2025

Power Sector

Electricity General

Nigeria’s Power Sector Strained as Benin, Niger, Togo Owe Over $40m in Unpaid Electricity Bills

Nigeria’s electricity sector is under increasing financial pressure as three neighbouring West African countries, Benin, Niger, and Togo, have reportedly defaulted on payments exceeding $40 million for electricity supplied to them by Nigeria. According to sector insiders, the outstanding debts are linked to international bilateral energy supply agreements facilitated through the Nigerian Bulk Electricity Trading

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Electricity General

Senate Seeks Power Sector Overhaul with Electricity Act Amendments

Abuja, July 10, 2025 — The Nigerian Senate has taken decisive action to re-engineer the country’s struggling power sector by advancing the Electricity Act (Amendment) Bill, 2025 during its second reading on Tuesday. Sponsored by Senator Enyinnaya Abaribe (Abia South) and backed by Senate President Godswill Akpabio, the bill introduces sweeping reforms aimed at preventing

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General

Presidency Moves to Clear GenCo Debt to Stabilise Power Sector

In a decisive step to strengthen Nigeria’s power sector, the Presidency has announced plans to clear outstanding debts owed to Generation Companies (GenCos). The move aims to improve the financial health of the power generation segment, enhance electricity supply stability, and attract further investment into the sector. The accumulation of unpaid debts to GenCos has

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Politics

NDPHC Seeks Presidential Intervention to Address Power Sector Liquidity Crisis –

The Niger Delta Power Holding Company Limited (NDPHC) is calling for presidential intervention to address the severe liquidity crisis plaguing the power sector. According to the Managing Director, Jennifer Adighije, the intervention should start with settling the over N4 trillion owed to power generating companies and facilitating funding for ongoing projects to enhance electricity access

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