Tag: Nigerian Electricity Regulatory Commission (NERC)

NERC ordered that all tariffs and market obligations by the DISCOs should revert to rates applicable as at August 31

"This means quite regrettably that as oil prices recover, there will be some increases in PMS prices. This is what ...

NERC says a customer must be metered within 10 days of payment for a meter

Nigerians are calling on former Vice President Atiku Abubakar to lead protests over the increase in electricity tariff

Electricity companies in the country on Wednesday began the implementation of the new ‘service reflective’ tariff as approved by the ...

KEDCO is in charge of electricity distribution in Kano, Katsina and Jigawa states.

“In all cases, poor and vulnerable Nigerians will not experience any increase,” NERC said.

NERC urges Nigerians to disregard any reports of tariff increase as Buhari moves on metering.

The federal government also announced the payment of about N409.92 billion as severance and death benefits to the affected ex-workers.

According to the World Bank, the economic cost of power shortage in Nigeria is estimated at around $29 billion.

"...our regulator is warning us not to mention their name or the Federal Government in any of our communication about ...

The minister said the proposed tariff review was delayed by three months due to the COVID-19 outbreak and customer apathy.

Data from the NERC shows that the three West African countries received a total invoice of N32.04 billion for the ...

The affected DISCos include those in Benin, Enugu, Eko, Ikeja, Kano, Kaduna and Port Harcourt.

An official said the decision was in recognition of the challenging effects of the coronavirus pandemic on the economic and ...

The NERC says it would delay the review for three months till June 30, 2020.

Mr Mamman was reacting to an announcement by the Nigerian Electricity Regulatory Commission (NERC).

Earlier on Tuesday, the Nigeria Labour Congress (NLC) condemned the plan to increase the electricity tariff.

NERC says all DisCos should ensure that all customers on tariff class A1 in their franchise areas were properly identified ...

A fortnight ago, NERC unfolded plans to stop any form of tariff support, except for the less privileged Nigerians in ...

GENCOs put revenue shortfall (subsidy) at about N1.4 trillion since 2016.

Three out 11 Electricity Distribution Companies in the country had metered more than 50 per cent of electricity customers.

At a meeting of top officials of NBET, SSS agents arrived and arrested those at the meeting.

The DISCOs blamed their inability to meet the remittance threshold specified by NERC on the liquidity crisis in the power ...

NERC accuses the firms of contracting different gas prices outside the regulated rates stipulated under their individual gas sales and ...