Tag: NERC
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Senate confirms Buhari’s nominees as Commissioners for NERC, NPC
Four nominees of President Muhammadu Buhari for National Commissioners of the Nigerian electricity regulatory commission (NERC) and the National Population Commission (NPC), has been confirmed by the Senate at a plenary today.
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Buhari writes Senate to confirm appointment of 4 NERC commissioners
President Muhammadu Buhari, has written to the Senate to seek confirmation for the appointment of four commissioners for Nigeria Electricity Regulatory Commission.
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Three neighbouring countries owe Nigeria N770m for electricity supplied in Q2 2021 – NERC
The Nigerian Electricity
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Tariff hike: Electricity consumer group to monitor October bills
Tariff hike: Electricity consumer group to monitor October bills
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New electricity tariff hike will kill Nigerians – Reps
The House of Representatives has criticised the planned increase of electricity tariff, urging the Nigerian Electricity Regulatory Commission (NERC) to rescind its decision. The call was sequel to a unanimous adoption of a motion by Representative Aniekan Umanah (PDP-Akwa Ibom) at plenary on Thursday. Moving the motion, Mr Umanah said that it was important to…
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NERC admits adjusting rates, denies increasing electricity tariff by 50%
The management of the Nigerian Electricity Regulatory Commission (NERC) has said there is no 50 per cent increase in electricity tariff. NERC spokesman Micheal Faloseyi refuted the reported increment in a statement on Tuesday.“The commission hereby state unequivocally that no approval has been granted for 50 per cent tariff increase in the tariff order for…
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Electricity tariff: We only made minor adjustments – NERC clarifies
The Nigerian Electricity Regulatory Commission (NERC) has clarified that it did not hike electricity tariff by over 50 per cent. Rather, the NERC clarified that the rates for service bands A, B, C, D and E were only adjusted by NGN2.00 to NGN4.00 per kWhr. NERC in a statement released by its spokesman, Micheal Faloseyi…
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BREAKING: FG again hikes electricity tariff by 50%
The Nigerian Electricity Regulatory Commission (NERC) has approved an over 50% hike in electricity tariff effective January 1, 2021. This is contained in a revised Multi Year Tariff Order (MYTO) signed by the new Chairman of NERC, Engr. Sanusi Garba, on December 30, 2020. The new tariff hike regime is to be paid by customers…
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2021 budget: Reps threaten to delete NERC’s N2bn request for office furniture
…say it lacks contractual details The House of Representatives on Wednesday threatened to delete Nigeria Electricity Regulatory Commission, (NERC), N2 billion request in the 2021 budget, to partition and furnish its headquarters in Abuja. Chairman of the Commission, James Momoh disclosed this when he appeared before the House of Representatives Committee on Power, to defend…
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Nigerians to receive high electricity bills from November
After weeks of deliberations between the federal government and labour unions, electricity distribution companies in the country have resumed implementation of the earlier suspended service reflective tariff. TheNewsGuru.com (TNG) reports the electricity distribution companies started informing customers that with effect from 1st November 2020, the revised service reflective tariff would come into force as approved…