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 country to formally wind down the alternative meter financing scheme (Credited Advance Payment for Metering […]
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 […]
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 on […]
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 […]
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 Abuja. The statement said that […]
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 […]
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 […]
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 […]