The Nigerian Electricity Regulatory Commission (NERC) says international bilateral customers owe Nigeria’s power generation companies (GenCos) $8.5 million for electricity supplied in the second quarter (Q2) of 2025. In its latest quarterly report, the regulator said the customers paid $9.015 million out of a $17.54 million invoice, representing a remittance rate of 51.3 percent. Among […]
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 Affairs, NERC, […]
* NERC says about 4m people metered * Edo community drags TCN, others to court Despite the privatization of the electricity sector by the Federal Government, which has since seen new operators, generating companies (Gencos) and distributing companies (Discos), many Nigerians are yet to be metered. Currently, Nigeria’s population, according to the 1996 Census figure, […]
*Tariff hike likely to begin early 2018 Electricity consumers across the country are now living in fear following the move by the Nigerian Electricity Regulatory Commission (NERC) to review its Multi-Year- Tariff template. Consequently, a number of issues are being proposed for discussion by the regulatory authority as it begins consultations with stakeholders across the […]
The Nigerian Electricity Regulatory Commission (NERC) that has been monitoring the Electricity Distribution Companies (Discos), Electricity Generation Companies (Gencos) and Transmission Company of Nigeria (TCN) indicated in its report that many of them performed below expectation in six months (between Q4’16 and Q1’17). The report disclosed that Kaduna, Port Harcourt, and Yola Discos were the […]
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 […]