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 granted six states the authority to regulate their own electricity markets. The announcement, made on Tuesday, marks a significant shift in the management of electricity markets within these states. According to a statement released by the Commission on X (formerly Twitter), the states of Enugu, Ekiti, Ondo, Imo, […]
The Nigerian Electricity Regulatory Commission (NERC) has revealed that international customers failed to settle a $14.19 million electricity debt for the first quarter of 2024. According to NERC’s report, none of the four international customers—including neighboring countries such as Benin Republic, Niger, and Togo—made any payments for the electricity exported to them. The report states, […]
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 Nigeria Electricity Regulatory Commission (NERC) and the distribution companies (DISCOs) have been directed by the House of Representatives to reverse the recent tariff hike for Band A customers. This directive was issued on Tuesday following the adoption of a report presented by the House Committee on Power. Recently, NERC announced an increase in the […]
The Nigerian Electricity Regulatory Commission (NERC) has directed all Electricity Distribution Companies (DisCos) to enforce the April 2024 Supplementary Multi-Year Tariff Order. The directive includes key instructions for DisCos: 1. Band A Feeders Maintenance: DisCos are instructed to only maintain the newly approved Band A feeders listed in their April 2024 supplementary orders for vending […]
The Nigerian Electricity Regulatory Commission has given the green light for an increase in electricity tariffs for customers classified under Band A. Musliu Oseni, the Vice Chairman of NERC, disclosed that the approved increase will entail customers paying ₦225 per kilowatt-hour, up from the current rate of ₦66. Band A customers are those enjoying a […]
The Federal Government’s expenditure on electricity subsidies reached ₦135.2 billion in the second quarter of 2023, a substantial increase from the ₦36 billion spent in the first quarter. This information is reported in the quarterly update from the Nigerian Electricity Regulatory Commission (NERC). According to the report, the government’s subsidy obligation in 2023/Q2 increased by […]
After a review with the Adviser to President Bola Tinubu on Energy, Olu Verheijen, the Nigerian Midstream and Downstream Regulatory Authority (NMDPRA) will release the new gas pricing template today. The Authority Chief Executive Officer Engr. Farouk Ahmed broke the news at the launch of the headquarters of “Decade of Gas,” in Abuja. He noted […]
The Nigerian Electricity Regulatory Commission (NERC) says Nigerians will experience improved electricity supply from July 1. Sanusi Garba, chairman, NERC, gave the assurance on Wednesday at an interactive session with journalists after the second Nigerian Electricity Supply Industry (NESI) meeting which was held in Lagos. Present at the meeting were top officials of NERC, Transmission […]