Tag: NERC

The lawmakers endorsed financial relief measures covering N248 billion for three electricity distribution companies, amid concerns over rising sector debt ...

Nigeria’s electricity regulator has introduced a new framework to guide the development and operation of mini-grids, targeting improved power access ...

The Nigerian Electricity Regulatory Commission has introduced new reporting rules for transmission losses across regions, aiming to improve transparency, efficiency, ...

The data shows that DisCos received electricity worth ₦336.43 billion, billed ₦268.20 billion, and collected only ₦204.74 billion.

"We hereby notify the general public and all market participants that the current average available generation of approximately 4,300MW is ...

The APC chieftain, Alwan Hassan, apologised to the lawmakers at a press conference.

In July, the senate commenced a legislative process to overhaul the Electricity Act, 2023, with the passage of the Electricity ...

The protesters carried placards with different inscriptions, such as “We cannot pay N50,000 bill”, “Return electricity bill back to status ...

Banking topped the list with 3,173 complaints, followed by fast-moving consumer goods (1,543), fintech (1,442) and electricity (458)

Reducing electricity costs is commendable and should remain a primary objective for state regulators. However, genuine progress will likely come ...

According to MEDL, the new tariff would result in EEDC incurring a monthly loss of over N1 billion, making it ...

In June 2024, President Bola Tinubu assented to the electricity bill, which authorises states, companies, and individuals to generate, transmit ...

The sanctions include over N628 million fine and a directive to issue a credit adjustment to affected customers by 15 ...

The National Council on Privatisation (NCP) will finalise the recruitment process.

The labour leaders said the migration would further deepen the misery of Nigerians

In June 2024, President Bola Tinubu assented to the electricity bill, which authorises states, companies, and individuals to generate, transmit ...

The AEDC alone will pay a N1.69 billion fine, according to a publication of the Nigerian Electricity Regulatory Commission (NERC).

The development is coming months after NERC barred NBET from entering into new electricity

NERC said that electricity distribution companies (DisCos) can now purchase electricity directly from generation companies (GenCos) without NBET acting as ...

In April, the Nigerian government announced a hike in the electricity tariff affecting customers in the Band A category.

“There is evidently no improvement in the availability, reliability and affordability of electricity in Nigeria today. Instead, we have less ...

The Senate suspended consideration of the report of its committee on power.

Members of the board of the EEDC are currently engaged in a tussle over the sack of its former Managing ...

The NLC and the TUC picketed the offices of the Kaduna Electric Distribution Company (KAEDCO) and the NERC in Birnin ...

A leader of the protest said the action was to make a statement and let the Federal Government know that ...