Just another News Updates
The Nigerian Electricity Regulatory Commission (NERC) has urged electricity consumers across the country to become more familiar with their rights and to actively demand accountability from service providers. This call was made by the Commissioner for Customer Affairs, Aisha Mahmoud, during a press briefing on Thursday in Osogbo. The event was part of a 3-day […]
The Nigerian Electricity Regulatory Commission (NERC) has reaffirmed that the responsibility for replacing or repairing faulty electricity transformers lies solely with power distribution companies (DisCos) and not with customers. Mrs. Aisha Mamoud, the NERC Commissioner for Consumer Affairs, emphasized this point during a three-day problem-solving session between customers in Cross River and the Port Harcourt […]
The Federal Government has announced that all electricity companies, including generation and distribution companies (GenCos and DisCos), are now exempt from withholding tax payments. This change is outlined in the new withholding tax regulation signed by Wale Edun, the Minister of Finance. Effective from July 1, 2024, the revised withholding tax regulation was proposed by […]
During the 7th Nigeria International Energy Summit (NIES 2024) held in Abuja, the Director of the Decade of Gas Secretariat, Ed Ubong, announced that the Federal Government has initiated the repayment process for the $1.3 billion owed to gas firms for the supply of gas to power plants across Nigeria. Ubong revealed that a payment […]
The Minister of Power, Chief Adebayo Adelabu, has called for a meeting with the chief executives of Abuja Electricity Distribution Company and Ibadan Electricity Distribution Company to address the escalating power supply issues in their respective regions. Also summoned is the Managing Director of the Transmission Company of Nigeria, Sule Abdulazeez, to discuss the declining […]
The Minister of Power, Adebayo Adelabu, announced at the opening ceremony of the three-day inaugural Nigerian Electricity Supply Industry (NESI) Market Participants and Stakeholders Roundtable (NMPSR) in Abuja that the Federal Government will not renew licensing agreements for under-performing electricity distribution and generation companies in Nigeria. He expressed concern that even after a decade since […]
The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in the prices of prepaid electricity meters in the country. In a circular dated September 5, 2023, and signed by the Chairman of the Commission, Sanusi Garba, and the Commissioner for Legal, Licensing, and Compliance, Dafe Akpeneye, it was announced that the cost of a […]
Nigeria’s International electricity customers- ers-Togo, Benin and Niger are owing Nigeria $18.29 million for electricity consumed in 2022, the Ni- Nigerian Electricity Regulatory Commission (NERC), has said. The international customers include Compagnie Energie Electrique du Togo of Benin Republic, (CEET); Société Béninoise d’Energie Electrique (SBEE) and NIGELEC-electric power generation and transmission utility in Niger. Data […]
The Port Harcourt Electricity Distribution Company, PHEDC, has stated that it cannot, at the moment, effect the planned 40% increment on electricity tariff. This was as the power distribution firm revealed that it had hit 57% growth rate in metering of its customers, adding that 285,000 of them are still unmetered. The Managing Director and […]
The Transmission Company of Nigeria (TCN) has announced the suspension of three electricity distribution companies for by the Market Operator (MO) for breach of market rules. The affected companies are APLE Electric Limited, Kano and Kaduna Electricity Distribution Companies. Mrs Ndidi Mbah, TCN’s General Manager, Public Affairs, in a statement in Abuja on Friday, said […]