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Suspend proposed electricity tariff increase, OPS tells NERC

  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
Business

NERC orders DisCos to hike tariff by 50%

Nigeria Electricity Regulatory Commission (NERC) has ordered  the eleven  electricity Distribution Companies (DisCos) to hike their tariffs by an average of 50 per cent come April 1. In its memo to the commission, Ikeja Electric (IE) Plc said,  the directive was in place, in order  for them to meet the tariff shortfall funding targeted for […]
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Electricity billing: Transit to cashless billing, collection, NERC orders DisCos’

In order to ensure optimal utilization of resources for the provision of electricity services, the Nigerian Electricity Regulatory Commission (NERC), has ordered electricity distribution companies (DisCos) to transit into cashless collection of electricity bills. The new directive is contained in a document, jointly signed by its Chairman, James Momoh and Commissioner,
Business

TUC kick against planned electricity tariff hike

Joy Obakeye The Trade Union Congress (TUC) has kicked against plans to hike electricity tariffs, stressing that Nigerians rarely have power in their houses and factories are closing shop and fleeing to neighbouring countries. But the Nigerian Electricity Regulatory Commission (NERC) at the weekend has said that no tariff increase has been approved. However, according […]
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NERC grants UNIBEN 15 megawatts licence

…As 134 Graduands Bag 1st Class Honours The National Electricity Regulatory Commission (NERC) has granted the University of Benin (Uniben) a licence for 15 mega watt photo voltaic solar power projects. The institution’s Vice Chancellor, Prof. Faraday Orumwense who disclosed during its pre- convocation press briefing said the operational licence was secured
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Epileptic power supply: FCT minister tasks NERC

Worried by the unsteady power supply across the Federal Capital Territory (FCT), and its environs, the minister of FCT, Mallam Mohammad Bello, has challenged management of the Nigerian Electricity Regulatory Commission (NERC) for an improved supply of electricity to the City. The Minister, throw the challenge when he received the NERC Chairman, Professor James Momoh […]
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Reps order NERC to reinstate IBEDC board

The House of Representatives Committee on Power Wednesday issued a 48 – hour ultimatum to the Nigerian Electricity Regulatory Commission (NERC) to reinstate the suspended board of the Ibadan Electricity Distribution Company (IBEDC). Chairman of the House Committee on Power, Rep. Daniel Asuquo, who issued the ultimatum during the investigative public hearing on the
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NERC lauds EEDC customers’ enumeration exercise

he Nigerian Electricity Regulatory Commission (NERC),has commended the effort so far made by the Enugu Electricity Distribution Company (EEDC) in executing its asset and customer enumeration exercise. The commission describes it “as a benchmark, worthy of emulation by other Discos. The commendation was contained in a letter signed by the General Manager, Consumer
Business

LAHA set to enact law on 24-hr electricity

Lagos State House of Assembly(LAHA) is set to enact a law that would strengthening electricity generation and ensure 24 hours’ uninterrupted power supply in the state. A bill to this effect would soon be passed into law by the Lagos State House of Assembly. The bill, which went through public hearing on Wednesday, was described […]