
Nigerian manufacturers spent N1.3 trillion on alternative power sources in 2025 as unreliable grid electricity continued to disrupt factory operations, according to Punch. The report highlights how frequent blackouts and poor power supply have driven up production costs across the manufacturing sector, forcing companies to rely on generators and other self-generated energy. The rising energy burden is straining factory profitability and raising concerns about the competitiveness of Nigerian-made goods.
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Nigeria's Federal Government is set to spend N358 billion on electricity subsidies in the first quarter of 2026, even as the country continues to experience persistent blackouts. This expenditure occurs while electricity tariffs remain frozen, according to Punch.
Punch·July 5, 2026 at 2:31 AM
The Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) has urged the Minister of Power, Joseph Tegbe, to turn recent promises regarding electricity sector reforms into tangible improvements in power supply. The organization emphasized that ongoing electricity failures are negatively impacting jobs and investments in Nigeria, stating that the economic consequences are no longer sustainable for the populace.
Vanguard Business·July 2, 2026 at 5:14 AM
Nigerian Electricity Distribution Companies (Discos) experienced a loss of over 1.13 million customers in 2025, attributed to unreliable power supply and increasing energy costs, according to Punch.
Punch·July 5, 2026 at 2:35 AM
Elektron Energy is advancing a $50 million power project aimed at improving commercial electricity supply in Lagos, Nigeria. According to ThisDay Live, the Victoria Island Power (VIPL) project is a 40 megawatt embedded plant designed to boost power availability in the area. The report, written by Peter Uzoho, indicates the project is progressing, though specific timelines for completion were not provided in the available information.
ThisDay Live·September 7, 2026 at 11:10 PM
Nigeria spent N952.15bn on fuel imports in the second quarter of 2026, according to Punch, despite the country's growing domestic refining capacity. The spending comes amid an ongoing feud between Dangote Refinery and fuel importers. The figure highlights continued reliance on imported petroleum products even as local refining operations expand, raising questions about the impact of the dispute between Africa's largest refinery and import marketers on the nation's fuel supply and costs.
Punch·September 8, 2026 at 10:48 AM
Electricity supply in Arepo, Ogun State, and surrounding areas has become increasingly unreliable, according to a report by Akinlolu Akinpelumi in ThisDay Live. The piece highlights how erratic power affects daily life for residents, noting that for millions of Nigerians electricity is not a simple utility but a persistent struggle. The report examines the broader crisis of inadequate and inconsistent power supply affecting communities in the area.
ThisDay Live·September 9, 2026 at 12:04 AM