
Power Holding Company Of Nigeria - PHCN







Geometric Power Limited, Nigeria's first integrated power company, has begun plans to construct a N1.8 billion 43km 33KVA power lines to industries in Abia State.

The Nigerian government has announced an increase in power generation to 6,000 megawatts of electricity, which it said is the first in Nigeria's history.

Nearly three months after the set deadline, Nigeria's power sector finally hit the 6,000MW target. Minister for Power has given conditions to get to 7,000MW

This hourly generation record is the highest since 2025, and higher than the last peak recorded in February. Nigeria also set a new record for daily maximum energy.

The power sector is plagued with challenges ranging from operational inefficiencies, maintenance issues, and constraints in gas supply, and this plan will fix them.

A widespread blackout has hit Abuja, affecting the Presidential Villa and 52 other areas. The Abuja Electricity Distribution Company has appealed to customers.

The federal minister for power, Chief Adebayo Adelabu noted that it is no longer sustainable for the government to keep piling huge debts that hinder the sector.

The Nigerian government has announced plans to review the electricity tariffs for Band B and customers over the disparity in the billing system and slow migration.

The minister described the price difference between band A electricity tariffs, and other bands as unfair. He promised that the government would close the gap.
Power Holding Company Of Nigeria - PHCN
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