Tag: NERC
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NERC to hold public hearing on incessant grid collapses
The Nigerian Electricity Regulatory Commission (NERC), on Saturday announced its plans to conduct a public investigation into the incessant grid collapses that have led to widespread power outages across the country.
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DisCos rake in N431.16bn revenue for Q2 2024
The Nigerian Electricity Regulatory Commission (NERC) says the total revenue collected by all Electricity Distribution Companies (DisCos) in quarter two hit N431.16 billion.
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NERC fines AEDC N1.69bn, EKEDC N1.41bn for ‘overbilling’ customers
The Nigerian Electricity Regulatory Commission (NERC) has fined the Abuja Electricity Distribution Company (AEDC) and other electricity distribution companies for overbilling customers.
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Nigeria’s Power sector generates N3.95 trillion in five years – NERC
Nigeria’s electricity distribution companies collectively generated approximately N3.95 trillion in revenue from 2019 to the first quarter of 2024.
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NERC report reveals $14.19m electricity debt from International customers
This headline concisely summarizes the main point of the article, highlighting the key finding from the NERC report.
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Just in: Reps order NERC, DISCOs to reverse tariff hike now
The House of Representatives has asked the Nigeria Electricity Regulatory Commission, NERC, and the distribution companies, DISCOs, to reverse the tariff hike for Band A customers. This directive was given on Tuesday after the adoption of a report presented by the House Committee on Power. It would be recalled that NERC announced a hike affecting…
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FG approves N21bn for purchase of meters – NERC
The Nigerian Electricity Regulatory Commission (NERC) has announced the approval of N21 billion for 11 electricity Distribution Companies (DisCos) to provide meters for customers. This announcement was made in NERC’s ORDER NO: NERC/2024/072 on The Operationalisation
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How Discos generated N293bn in first quarter
Reports on the commercial performance of distribution companies obtained from the Nigerian Electricity Regulatory Commission has shown that the power firms raked in N95.26bn as revenue collections from their various customers in January 2024.
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Labour demands complete reversal of power sector privatisation
The Organised Labour has demanded for the complete reversal of the power sector privatisation and recovery of all public electricity assets sold.
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Real reason NERC reviewed tariff for Band A to N206.8/kWh
The Nigerian Electricity Regulatory Commission (NERC) on Monday reviewed electricity tariff for Band A consumers to NGN206.8/ kWh.