Tag: Nigerian Electricity Regulatory Commission (NERC)

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 ...

"In all instances of such reviews and rule-making, the commission shall widely consult stakeholders."

The roadmap is expected to help in resolving the challenges in the power sector with specific attention to priority projects.

She said the report is defamatory against her and the agency and demanded its retraction.

The distribution of the meters will be done over the next three years in Abuja, as well as Niger, Kogi, ...

NERC says it has directed that roll out of more meters should commence not later than May 1, 2019.

DISCOs are making more money than before, regardless.

The MD she said she would not comment on any of the allegations because the issues are in court.