On Friday, April 12, the Nigerian Electricity Regulatory Commission (NERC) provided pointers on the revised electricity…
Tag: NERC
NERC Approves Electricity Tariff Increase by 240%
The Nigerian Electricity Regulatory Commission (NERC) has approved the implementation of a new electricity tariff for…
FG to Take Over BEDC Due to Poor Performance
The federal government has concluded plans to take over Benin Electricity Distribution Company (BEDC) due to…
NERC Issues N10.5bn Fine to DisCos for Overcharging Unmetered Consumers
The Nigerian Electricity Regulatory Commission (NERC) has sanctioned the 11 Electricity distribution companies (DisCos) for non-compliance,…
FG Permits DisCos to Purchase Electricity Directly from GenCos
The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has permitted Electricity Distribution Companies (DisCos)…
NERC Plans to Sell Kaduna Electric over $130m Debt
Due to mounting debt, the Nigerian Electricity Regulatory Commission (NERC) is preparing to sell Kaduna Electricity…
FG Spends N375.8bn on Electricity Subsidy in Q1 to Q3 2023
The Federal Government spent N375.8 billion on electricity subsidies in the first, second and third quarters…
Stakeholders Demand Tariff Increase Amid Electricity Subsidy
Stakeholders in the power sector are beginning to demand a cost-reflective tariff as the Federal Government…
NERC Investigates Electrocuted BEDC Staff
The Nigerian Electricity Regulatory Commission (NERC) has constituted a committee to investigate the death of a…
FG, CBN to Fund 4 Million Prepaid Meters Production
In collaboration with the Central Bank of Nigeria, the Federal Government has said it would finance…