Tag: NERC
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Finally, NERC unbundle TCN, establishes independent system operator
The Nigerian Electricity Regulatory Commission (NERC) has announced the unbundling of the Transmission Company of Nigeria (TCN) with the establishment of the Nigerian Independent System Operator of Nigeria Limited (NISO). In an order dated April 30, 2023, jointly signed by NERC chairman, Sanusi Garba, and vice chairman, Musiliu Oseni, TCN is directed to transfer all…
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Power: NERC introduces NISO as TCN replacement
In its bid to improve the electricity situation of the country, the Nigerian Electricity Regulatory Commission (NERC) has begun the unbundling process of the Transmission Company of Nigeria (TCN), while introducing the Nigerian Independent System Operator of Nigeria Limited (NISO).
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TUC gives NERC one week ultimatum to reverse increase in electricity tariff
Festus Osifo, the President of the Trade Union Congress, (TUC) on Wednesday, said it was unethical and unrealistic for Nigerians to pay high electricity tariffs. According to the TUC, the new electricity tarrif is very unrealistic. They however urged the Nigerian Electricity Regulatory Commission to reverse the increase in electricity tariff within one week.
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The thing around our NERC – By Pius Mordi
The story about Nigeria’s electricity sector is characterised by the abject state of deficiency, corruption and potential that define it. And in every electoral cycle, it provides a talking point for politicians aspiring for public office. Somehow, despite all the money pumped into the sector through different programmes to boost power supply, available electricity has…
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UPDATE: Why Reps asked NERC to stop electricity tariff hike
The House of Representatives has urged the Nigeria Electricity Regulatory Commission (NERC) to suspend the implementation of the new tariff.
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BREAKING: Minister kicks as Reps stop NERC from implementing electricity tariff hike
The Nigerian House of Representatives has asked the Nigeria Electricity Regulatory Commission (NERC) to suspend the implementation of the new electricity tariff increase.
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NERC announces deregulation of prices of electricity meters
The Nigerian Electricity Regulatory Commission (NERC), has announced deregulation of meter prices under the Meter Asset Provider (MAP) Scheme for end-user customers.
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Adelabu reveals whopping sum needed to revive power sector
The Minister of Power, Mr Adebayo Adelabu says the Federal Government requires 10 billion dollars investment yearly, to revive the power sector for the next 10 years.
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NERC, AEDC sued over alleged unlawful hike in electricity tariff
Mr Joe Agi, SAN, has sued the National Electricity Regulatory Commission (NERC) and Abuja Electricity Distribution (AEDC) Plc at the Federal High Court, Abuja for allegedly increasing his electricity tariff by 230 per cent.
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NERC transfers regulatory oversight in Ekiti to State govt
The Nigerian Electricity Regulatory Commission (NERC), says it has transfered regulatory oversight of electricity market in Ekiti State to the state Electricity Regulatory Bureau (EERB).