The Nigerian Electricity Regulatory Commission (NERC) reported that international customers did not pay $14.19 million for…
Search Results for: Distribution Companies
International Customers Owe Nigeria $14 Million Power Debt
The Nigerian Electricity Regulatory Commission (NERC) has disclosed that international customers failed to settle a $14.19…
N80,000 Electricity Fee Proposal Ignites Outrage Amid University Power Cost
A potential crisis occurs in Nigeria’s universities as vice-chancellors consider implementing a proposed N80,000 electricity fee…
Aisha Mahmud Promises Fair Tariffs and Resolution of Complaints
Aisha Mahmud, the Commissioner for Consumer Affairs at the National Electricity Regulatory Commission (NERC), has assured…
Federal Electricity Subsidy Hits New Heights as Remittance Performance Improves
The federal government’s electricity subsidy obligation surged from N252.76 billion in the last quarter of 2023…
FGNPC Secures $118M Power Upgrade Deal
FGN Power Company (FGNPC) has secured a significant Engineering, Procurement, Construction, and Financing (EPC&F) contract with…
Ikeja DisCo Achieves Top Revenue and Efficiency Marks in Q1 2024
Ikeja Disco has led the Nigerian electricity distribution sector in revenue and efficiency for the first…
NERC Orders NBET to Stop New Contracts, Supports Direct Trading
The Nigeria Electricity Regulatory Commission (NERC) has directed the Nigeria Bulk Electricity Trading (NBET) company to…
Federal Government Spends N633.30 billion on Electricity Subsidies Amid DisCo Collection Improvements in Q1 2024
The federal government accumulated N633.30 billion in electricity subsidies in the first quarter of 2024, despite…
Discos Installed 123,694 Electricity Meters in Q1 2024 – NERC Report
The Nigerian Electricity Supply Industry (NESI) has reported impressive strides in meter installations and market remittance…