Tag: NERC
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Real reason NERC hiked electricity tariff from N66/kwh to N225/kwh
The Nigerian Electricity Regulatory Commission (NERC) has said the newly approved tariff is expected to reduce electricity subsidies for the 2024 fiscal year by about N1.14 trillion.
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UPDATE: NERC provides details on electricity tariff hike from N68/KWh to N225/kWh
The Nigerian Electricity Regulatory Commission (NERC) says the increase in tariff will only affect customers enjoying 20 hour power supply across the country.
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Epileptic power: FG orders NERC to revoke licences of non-performing DisCos
The Federal Government ordered all its agencies regulating the power sector, directing the Nigerian Electricity Regulatory Commission, NERC, to withdraw licences of non-performing electricity distribution companies, DisCos. The government accused the DisCos of not doing enough to improve supply despite the availability of power on the national grid. Minister of Power, Chief Adebayo Adelabu who…
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Kaduna Electric set to refund customers
The Kaduna Electric says it is set to comply with the Nigerian Electricity Regulatory Commission’s (NERC) directive mandating it to refund over billed customers. This is contained in a statement issued by the Head of Corporate Communication, Abdulazeez Abdullahi, Kaduna Electric.
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NERC sanctions 11 electricity distribution companies
The Nigerian Electricity Regulatory Commission (NERC), says it has sanctioned eleven Electricity Distribution Companies (DisCos) for non compliance with capping of estimated bills for unmetered customers.
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BREAKING: NERC approves electricity tariffs hike with burden on FG
The Nigerian Electricity Regulatory Commission (NERC) has approved electricity tariffs hike, following a review of the Multi Year Tariff Order.
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Reps query NERC over failed N39bn prepaid meters project
The House of Representatives has ordered the Nigeria Electricity Regulatory Commission (NERC) to explain why it registered a company without capacity to deliver but was given N39 billion to supply prepaid meters for distribution to consumers.
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FG subsidized electricity with N135.23bn in Q2, 2023 – NERC
The Nigerian Electricity Regulatory Commission (NERC) on Wednesday said that the Federal Government (FG) paid a total of N135.23 billion to subsidise electricity consumption in the second quarter of 2023. This was made known in the commission’s Q2, 2023
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Real reason NERC ordered increase in prices of prepaid meters
The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in the price of electricity pre-paid meters in the country.
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Tariff increase: Discos request for rate review – FG
Eleven successor electricity companies have applied for a review of their respective electricity tariffs, the Federal Government has disclosed.