Fed Govt Hikes Electricity Tariff By 50%         The Nigerian Electricity Regulatory Commission, NERC, has approved over 50 per cent hike in electricity tariff effective January 1, 2021. The new tarrif hike regime is to be paid by customers of the 11 electricity Distribution Companies, DISCOs. This is...

Discos Owe N416.94bn In Nine Months - NBET         Power distribution companies in the country failed to pay a total of N416.94bn for the electricity sold to them from January to September this year, the latest data from the Nigerian Bulk Electricity Trading Plc have shown. The...

Buhari To Go Tough On Discos, Agents Selling Prepaid Meters         President Muhammadu Buhari, has reiterated his resolve to mete stiff measures to any of the Discos or their agents selling prepaid meters to their customers against the directive that they should be distributed free. This is...

Disconnect Customers Rejecting Meters, NERC Orders Discos         The Nigerian Electricity Regulatory Commission on Wednesday ordered power distribution companies to start disconnecting electricity consumers who reject meters. Recently, the Federal Government commenced the mass deployment of about six million meters across the country in order to halt...

Experts Insist On Mass Metering Before Implementation Of New Tariff         Experts have criticised the implementation of the new electricity tariff structure and urged the Federal Government to ensure that electricity consumers are metered first before the commencement to eliminate outrageous billings. Nigerians had heaved a sigh...

Fed Govt Releases Funds To DisCos For Mass Metering       The Federal Government has released funds to power distribution companies for the mass deployment of about six million free electricity meters to power consumers nationwide. It was gathered that some senior officials of power distribution companies met...