Business Energy

FG directs NERC to allow consumers buy meters

Ihesiulo Grace 21 November 2017 0

The Federal Government has directed the Nigerian Electricity Regulatory Commission (NERC) to reinstate the regulation that allows power consumers to purchase meters from approved vendors. NERC, had in September last year, directed the 11 electricity distribution companies operating in the

Features

Electricity workers and move against NERC directive

Ihesiulo Grace 14 October 2017 0

The Nigerian Union of Electricity Employees, NUEE, has faulted the imposition of the sum of N450,000 as a financial sanction for power consumers caught in meter bypass, by the Nigerian Electricity Regulatory Commission, NERC. It will be recalled that NERC during the 19th monthly power sector meeting had drafted financial sanctions ranging from N50, 000 […]

Business

NERC allays customers’ fears on MYTO’s review

Ihesiulo Grace 20 September 2017 0

The Nigeria Electricity Regulatory Commission (NERC) says the stakeholders’ consultative forum on reviewing the frequency of Multi-Year Tariff Order (MYTO) is not meant to discuss electricity tariff review in the country. NERC Vice-Chairman Sanusi Garba made the clarification at a meeting on review of frequency of MYTO methodology and eligible customer regulation in Abuja

Business Power & Energy

Ikeja Electric Plans Free Meters for Customers

Ihesiulo Grace 28 April 2015 0

  Ikeja Electric has revealed that it is investing $100million (about N20bn) in order to lift its customers with free smart pre-paid meters to be distributed to them starting from June. A pilot scheme for the deployment of the meters the company said would begin in May, with 2,000 units to be distributed, after which […]

News

Electricity Coy Rejects Tariff Reduction for Residential Customers 

Ihesiulo Grace 13 April 2015 0

The Abuja Electricity Distribution Company (AEDC), on Sunday, said that the 50 per cent reduction in electricity tariff by the Nigerian Electricity Regulatory Commission (NERC) does not affect residential consumers under the R1 and R2 tariff categories. This clarification is contained a statement issued by Malam Ahmed Shekarau, head, Public Affairs of the company, in

Business Power & Energy

Experts Fault NERC’S New Directive to Discos on Electricity Tariff

Ihesiulo Grace 13 April 2015 0

The Nigerian Electricity Regulatory Commission’s (NERC) directive to the Distribution Companies on how to fix their tariffs in consultation with consumers is been envisioned by experts as policy somersault and capable of causing chaos. Dr. Sam Amadi, Chairman of NERC, on April 8, said that the DISCOs could now fix their tariffs in consultation with […]

Power & Energy

Discos Urged to Collect Electricity Debt after Cutting Tariff

Ihesiulo Grace 24 March 2015 0

The Nigerian Electricity Regulatory Commission (NERC) said the electricity distribution companies (Discos) have been given the authority to disconnect supply to consumers who fail to pay up their bills after cutting tariff. The Chairman of NERC, Sam Amadi, stated this in Abuja while announcing the review of electricity tariffs in the country, adding that the […]

News

Electricity Tariffs Slashed by 50 Percent.

Ihesiulo Grace 17 March 2015 0

The Chairman of the Nigerian Electricity Regulatory Commission, NERC, Sam Amadi, has announced the immediate review of electricity tariffs by about 50 per cent. He announced the review in Abuja today, he said the reduction, which takes effect from the end of March, followed the regulatory agency’s decision to remove collection losses from customer tariff […]