NERC Orders Discos To Engage Independent Meter Providers   The Nigerian Electricity Regulatory Commission on Tuesday ordered the 11 power distribution companies to engage the services of the recently approved independent Meter Asset Providers in order to effectively bridge the over 4.74 million metering gap in...

NERC Halts Metering Monopoly By DISCOS …Says Other Firms Can Provide Meters   Electricity distribution companies have been told that they no more have the monopoly to provide meters to electricity consumers anymore, the Nigerian Electricity Regulatory Commission(NERC) has declared. NERC’s new regulation made public on Monday, has...

Budget: NBET To Rent New Office With N487.7m, Gulped N600m In 2017 The Nigerian Bulk Electricity Trading Plc (NBET) will spend N487.7 million to relocate to a new office complex by 2018, after it had gulped N600m in 2017, budgetary documents from the Budget Office...

The Federal Government has given State governments autonomy to produce own power so as to ensure improved power supply in the country. It said this is because nothing in the Electricity Power Sector Reforms Act EPSRA deter States from doing such. Speaking at the 18th monthly...

Discos flay plans to escrow their accounts The Nigerian Electricity Regulatory Commission (NERC), is set to release a minimum recapitalisation level required to be met by core investors in the power sector. NERC identified capital adequacy as a major issue in the power sector, pointing out...

Investors in the Nigeria’s power industry have picked holes in the planned N701 billion power intervention fund by the Federal Government. They declared that the fund had the potential to worsen revenue shortfalls rocking the industry. Executive Director, Research and Advocacy for the umbrella body...