Tag: NERC
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NERC breaks silence on proposed increase in electricity tariff
The Nigerian Electricity Regulatory Commission (NERC) on Monday denied the upward review in its Multi-Year Tariff (MYTO) dated 31st December 2019, as the Chairman, Prof. James Momoh said that there is no immediate tariff increase for customers. The order which its reports went virile in both conventional and social media was titled: Titled: “NERC in…
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NERC orders DisCos to increase tariff from Jan 1
The Nigerian Electricity Regulatory Commission (NERC) has directed the 11 electricity distribution companies (DisCos) to increase their tariff effective from January 1, 2020. The NERC published the new tariffs for the different DisCos and categories of customers on its website via its order dated 31st December, 2019, which its chairman, Prof. James Momoh and Secretary…
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Fashola inaugurates NERC Chairman, charges Commission on Customer Service
Minister of Power, Works and Housing, Babatunde Fashola has inaugurated the Chairman, Nigerian Electricity Regulatory Commission (NERC) urging the commission to focus more on customer service to move the power sector forward. Speaking after the brief ceremony, Fashola, on Thursday in Abuja, said customer service was “a challenging bridge that must be crossed”. He said…
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Buhari approves 5 new appointments for NDDC, NERC, NHRC
President Muhammadu Buhari has approved the appointment of five new executives for National Human Rights Commission (NHRC), Niger Delta Development Commission (NDDC) and Nigerian Electricity Regulatory Commission (NERC). Mr Olusegun Adekunle, Permanent Secretary, General Services Office, Office of the Secretary to the Government of the Federation (OSGF), made this known in a statement on Thursday…
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Light bill: Reps move to curb excessive charges
The House of Representatives on Thursday said it would meet with Community Development Associations (CDAs) in different geo-political zones in the course of its Ad Hoc Committee assignment, to curb excessive electricity charges. Chairman of the committee, Rep. Ajibola Famurewa (Osun-APC), who made the assertion at the inaugural meeting of the committee, said excessive electricity…
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FG concludes regulations on new class of meter suppliers
The Federal Government says that the Nigerian Electricity Regulatory Commission (NERC) has concluded regulations that will provide framework to license new class meter suppliers in the country. The Minster of Power, Works and Housing, Mr Babatunde Fashola made this known at the 25th monthly power sector meeting in Uyo. Fashola, in a text of his…
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Electricity consumers to get ‘capped bills’ to address issues of estimated billing
The Nigerian Electricity Regulatory Commission (NERC), in a new regulatory code, has said it will develop an order on capping of unmetered customers’ bills to address the issue of estimated billing in the country. Contained in NERC’s Draft Meter Asset Providers Regulations 2017, the Commission said the order would be developed within 90 days after…
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NERC lethargy towards Lagos power project, by Ehichioya Ezomon
By Ehichioya Ezomon In this era of preachment of “ease of doing business” in Nigeria, Lagos State’s determination to power the Centre of Excellence appears hamstrung by failure of the National Electricity Regulatory Commission (NERC) to give the necessary go-ahead. The Governor Akinwumi Ambode-led administration plans to establish embedded power designed as the state’s flagship…
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DISCOs must write to notify consumers before disconnection – NERC
The Nigerian Electricity Regulatory Commission (NERC), an independent regulatory body with authority for the regulation of the electric power industry in the country has said the various electricity distribution company in the country must notify consumers in writing before attempting to disconnect their power supply. This was made known in a statement recently released and…