KEY POINTS Electricity distribution company Ikeja Electric has attributed the worsening power outages across Lagos to a nationwide decline in electricity generation. The company said the development has significantly reduced …
Ikeja Electric
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Energy TransitionIn the News
DisCos Collect N207bn from N258bn Bills in December as Revenue Recovery Improves — NERC
KEY POINTS The Nigerian Electricity Regulatory Commission (NERC) has revealed that electricity distribution companies, DisCos, collected N207.49 billion in revenue from N258.66 billion billed to customers in December 2025. The …
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KEY POINTS Nigeria’s electricity sector recorded a modest improvement in metering coverage at the end of 2025, even as millions of consumers remain without meters and continue to face estimated …
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KEY POINTS Nigeria’s electricity distributors installed more than 109,000 prepaid meters in December 2025, marking another step in the country’s slow effort to reduce estimated billing and improve transparency in …
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KEY POINTS Residents of Waterfront Estate, Sekumade Estate, and the NBC Community in the Ebute area of Ikorodu Local Government Area, Lagos State, took to the streets on Friday to …
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Energy TransitionIn the News
Ikeja Electric Warns Traders to Leave Power Line Zones or Face Demolition
KEY POINTS Ikeja Electric Plc has issued a public warning to traders, artisans, and shop owners operating beneath high-voltage electricity lines across Lagos, urging them to vacate immediately or risk …
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KEY POINTS Electricity supply has been restored to the residence of Okechukwu Ogbonna, a resident of Adejatu Street in Isolo/Oshodi Local Government Area of Lagos State, after a complaint publicised …
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Energy TransitionIn the News
Ikeja Electric Keeps Lagos Resident on Estimated Billing Two Months After Faulty Meter Report
KEY POINTS Joachim Adeyemi, a Lagos resident, has been left on estimated electricity billing for two months after reporting a faulty meter to Ikeja Electric. Instead of replacing the outdated …
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KEY POINTS Ikeja Electric has announced a fresh round of price adjustments for prepaid meters, introducing higher tariffs that take effect from 6 August 2025. The update covers both single-phase …
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Energy TransitionIn the News
Nigeria’s Power Ambitions Falter as Lenders Warn Legacy DisCo Debts Are Scaring Off New Investors
KEY POINTS Nigeria’s push to expand grid-connected electricity projects is running into an old and persistent obstacle as lenders and sector executives warn that the deep debts carried by Distribution …