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Incessant grid collapses: NERC fixes October 24 for public hearing

DailyTimesNGR DailyTimesNGR 22 October 2024 0

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

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NERC grants mini grid permits to MTN, Golden Penny Power, others

DailyTimesNGR DailyTimesNGR 22 August 2024 0

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

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FG approves N21bn for purchase of electricity meters

DailyTimesNGR DailyTimesNGR 22 June 2024 0

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

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FG to spend N3.2trn on electricity subsidy –NERC chairman

DailyTimesNGR DailyTimesNGR 19 April 2024 0

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 […]

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NERC Fines AEDC N200 Million For Alleged Violation

Ihesiulo Grace 5 April 2024 0

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

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DisCos record 95.21% market remittance in Q2/2023-NERC

DailyTimesNGR DailyTimesNGR 18 October 2023 0

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

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NERC reveals how much FG paid for electricity subsidy in 3 months

Ihesiulo Grace 7 August 2023 0

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

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NERC justifies FG investments to boost electricity supply

Ihesiulo Grace 25 January 2023 0

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

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NERC Cautions DisCos, says customers have right to be metered

Ihesiulo Grace 9 December 2022 0

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

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Expect improved electricity supply from July 1, NERC tells Nigerians

Ihesiulo Grace 16 June 2022 0

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,

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Second phase of mass metering programme to begin Q1 2022 – NERC

Ihesiulo Grace 30 November 2021 0

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 […]

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NERC to enforce compensation to electricity consumers for under-supply from July

Ihesiulo Grace 1 June 2021 0

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 […]

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Customers with faulty meters should not get estimated bills, NERC warns

Ihesiulo Grace 16 March 2021 0

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 […]

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FG orders electricity tariff reversal

Ihesiulo Grace 8 January 2021 0

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 […]

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No increase in electricity tariff, NERC clarifies

Ihesiulo Grace 6 January 2021 0

*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 […]

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NERC approves new tariff increase for IBEDC consumers

Ihesiulo Grace 5 January 2021 0

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)

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We suspended electricity tariff increase in public interest – NERC

Ihesiulo Grace 30 September 2020 0

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) […]

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Estimated billing: NERC threatens to sanction 7 Discos

Ihesiulo Grace 10 June 2020 0

The Nigerian Electricity Regulatory Commission (NERC) has threatened to sanction seven electricity Distribution Companies (DisCos) for failing to comply with its order on capping estimated billing for some customers within their network. NERC, which is the regulator of the Nigerian Power Supply Industry (NESI) made its intention known in a notice issued to the DisCos, […]

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Suspend proposed electricity tariff increase, OPS tells NERC

Ihesiulo Grace 14 April 2020 0

  Organised Private Sector (OPS) has called on the Nigerian Electricity Regulatory Commission (NERC) to suspend the proposed increase in electricity tariff, stressing that the move is not business-friendly at this period of COVID-19 which has caused a massive halt to business and economic activities. READ ALSO: COVID-19: S’East CAN demands re-opening of churches The

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Gbajabiamila meets ministers, CBN Gov, NERC over power supply

Ihesiulo Grace 2 April 2020 0

…As stakeholders assure of better power supply during COVID-19 lockdown Speaker of the House of Representatives, Femi Gbajabiamila, on Wednesday, met with the Minister of Power, Sale Mamman and the management of the National Electricity Regulatory Commission (NERC) over a viral video by Nollywood actress, Ada Ameh. Ameh had in the viral video protested the […]