Despite NERC Capping, Consumers Lament Outrageous Billing       Despite a regulation capping the limit to which distribution companies (DisCos) can charge electricity consumers who are not metered, overbilling in the form of estimated billing has continued. Specifically, the National Electricity Regulatory Commission (NERC), in February issued an...

Discos Commence Implementation Of Revised Electricity Tariff       Power distribution companies have commenced the implementation of the revised electricity tariff that was jointly agreed upon by organised labour and the Federal Government. In a report in Sunday, the Nigeria Labour Congress stated that the Federal Government would...

NERC Earns N3.25bn In Q1, Spends N1.9bn         The Nigerian Electricity Regulatory Commission (NERC) says it earned a higher revenue of N3.25 billion but its expenditure rose to N1.94bn in the first quarter of 2020. According to the first quarter report, the revenue was an increase of...

Discos Failed To Remit N119.88bn In Three Months – NERC         The 11 power distribution companies operating in Nigeria failed to remit N119.88bn in the first quarter of the year, the Nigerian Electricity Regulatory Commission has said. In its quarterly report for the first quarter released on...

CBN Enforces Local Content In Mass Metering Facility         The Central Bank of Nigeria has prohibited the use of its National Mass Metering Programme facility for procurement of fully assembled meters from overseas, and metering infrastructure. It said this in its report on ‘Framework for financing of...

NERC To DisCos: Don’t Revert To Service Reflective Tariff       The Nigerian Electricity Regulatory Commission on Monday said it had directed power distribution companies not to revert to the September 1 service reflective tariff. Chairman of the commission, James Momoh, said Discos had been asked to abide...