President Bola Tinubu has nominated Abdullahi Garba Ramat as the new chairman and chief executive officer of the Nigerian Electricity Regulatory Commission (NERC). Bayo Onanuga, special adviser to the president on information and strategy, announced the nomination in a statement on Thursday. According to Onanuga, Ramat, 39, is an electrical engineer and administrator with a […]
BY MOTOLANI OSENI The Federal Government’s decision to freeze electricity tariffs for most consumer categories has triggered a dramatic rise in subsidy spending, with the Nigerian Electricity Regulatory Commission (NERC) reporting that the subsidy bill surged to an all-time high of N1.94 trillion in 2024. According to NERC’s latest report, the freeze—initiated in December 2022—has […]
BY MOTOLANI OSENI The Nigerian Electricity Regulatory Commission (NERC) has sanctioned eight Electricity Distribution Companies (DisCos) for failure to comply with Capping of Estimated Bills for Unmetered Customers. Pursuant to section 34(1)(d) of the Electricity Act 2023 (“EA 2023”), the Commission has sanctioned the eight DisCos which include Abuja, Eko, Enugu, lkeja, Jos, Kaduna, […]
The Nigerian Electricity Regulatory Commission (NERC), has fixed Oct. 24 to conduct an investigative public hearing to address the incessant grid collapses. The commission said on Monday on its Twitter handle that the hearing would hold at its Hearing Room, Fourth Floor, Plot 1387, Cadastral Zone Central Business District, Abuja. “All stakeholders including Civil Society […]
BY MOTOLANI OSENI The Nigerian Electricity Regulatory Commission (NERC) has issued permits to MTN Communications Nigeria Limited, Golden Penny Power Limited, Havenhill Synergy, and other companies for mini-grid electricity generation. This development is part of a broader push to enhance off-grid power solutions across the country. In the first quarter of 2024, NERC granted nine […]
The Nigerian Electricity Regulatory Commission (NERC) has announced the approval of N21 billion for 11 electricity Distribution Companies (DisCos) to provide meters for customers. This announcement was made in NERC’s ORDER NO: NERC/2024/072 on The Operationalisation of “Tranche A” of the Presidential Metering Initiative Under the Framework of Meter Acquisition Fund. ”The order signed by […]
By Tom Okpe Chairman of the Nigeria Electricity Regulatory Commission, (NERC), Sanusi Garba, has said the Federal Government will have to spend N3.2 trillion as subsidy for the electricity sector in the year, if the recent increase in tariff is to be reversed. Speaking at a stakeholders meeting called by the House of Representatives Committee […]
Abuja Electricity Distribution Plc (AEDC) has been fined N200 million by the Nigerian Electricity Regulatory Commission (NERC) for violating tariff regulations. Naija News reports that NERC announced this penalty through a statement released on Friday via its official communication channel. Abuja Electricity Distribution Plc (AEDC) has been fined N200 million by the Nigerian Electricity Regulatory […]
The Nigerian Electricity Regulatory Commission (NERC) has said that in the second quarter of 2023, distribution companies (DisCos) recorded 95.21% market remittance, the highest so far in 2023. The Commission stated this in its Electricity on Demand report released today, October 17. According to NERC, the combined upstream bill that Distribution Companies (DisCos) needed to […]
The federal government paid N36 billion to subsidize electricity consumption in the first quarter of 2023. The Nigerian Electricity Regulation Commission (NERC) confirmed this in its quarterly report which also showed that N12 billion was paid monthly to Nigerian Bulk Electricity Trading (NBET) for electricity subsidies. Charged with the collection of revenues due to generation […]
By Ukpono Ukpong The Vice Chairman/Commissioner of the Market Competition and Rate Division, Nigerian Electricity Regulatory Commission (NERC), Dr. Musiliu Oseninishore has said that the Federal government has been making effort to improve the power supply in the country by consistent investment. Dr. Musiliu stated this in Abuja during the 78th Power Dialogue series themed: […]
By Godwin Anyebe The Nigerian Electricity Regulatory Commission (NERC) has emphasised that power consumers have the right to be metered by the Distribution Companies (DisCos) that serve them. The Commissioner for Consumers Affairs at NERC, Aisha Mahmud, stated this recently at the opening session of a NERC/Abuja Electricity Distribution Company (AEDC) Customer Complaint Resolution Meeting […]
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 […]
The Nigerian Electricity Regulatory Commission (NERC) says the second phase (Phase One) of the National Mass Metering Programme will begin in the first quarter of 2022. Mr Sanusi Garba, Chairman, NERC, said this during an interactive session with newsmen on Tuesday in Lagos. Garba said about 980,000 electricity customers were metered across the country under […]
Doosuur Iwambe, Abuja The Nigerian Electricity Regulatory Commission (NERC) has moved to enforce compensation to electricity consumers for the under-supply of power to their homes and businesses with effect from July. This follows several complaints by energy consumers that the Service-Based Tariff (SBT), which has led to a huge increase in electricity bills paid by […]
The Nigerian Electricity Regulatory Commission has warned that under no circumstances should a customer be placed on estimated billing because of the failure of a power distribution company to install a replacement meter. According to NERC, Discos must desist from such acts henceforth, as a lot of customers had raised complaints about this. This directive […]
Doosuur Iwambe, Abuja The Federal Government has ordered the Nigerian Electricity Regulatory Commission (NERC) to direct all Electricity Distribution Companies (DISCOs) to revert to tariffs applicable in December 2020. The Minister of Power, Mr Saleh Mamman, who issued the directive in a statement on Thursday stated that the reversal to the old tariff was to […]
*Nigerians kick, urge revolution in power sector Doosuur iwambe, Abuja Nigerian Electricity Regulatory Commission (NERC) has debunked reports that it had approved the increase of tariff by 50 per cent. The commission, in a statement on Tuesday stated that such increment was not contained in the tariff order for electricity distribution companies which took effect […]
Doosuur iwambe, Abuja The Nigerian Electricity Regulatory Commission (NERC) has approved a minor review of electricity tariff for Ibadan Electricity Distribution Company (IBEDC), increasing electricity cost for consumers under the franchise area. IBEDC franchise area includes Oyo, Ogun, Osun, Kwara and parts of Niger, Ekiti and Kogi states. NERC in an order (NERC/225/2020) signed by […]
The Nigerian Electricity Regulatory Commission (NERC) on Wednesday said that its order to suspend the recent tariff increase was done in the public interest. READ ALSO: NERC suspends electricity tariff hike Mr Dafe Akpeneye, Commissioner, Legal Licensing and Compliance, NERC, disclosed this at the virtual 2020 Businessday Energy Series – Fuel of the Future (Gas) […]