FG To Fund N104.5bn Electricity Tariff Shortfall       The Federal Government will fund a tariff shortfall of N104.5bn that will be recorded by electricity distribution companies from September to December 2020, according to the Nigerian Electricity Regulatory Commission. The Discos had early this month announced what they...

Manufacturers Spend N67.38bn On Electricity Self-generation     The President, Manufacturers Association of Nigeria, Mansur Ahmed, has said that the COVID-19 pandemic which created unprecedented challenges in global economies led to a near shut down of eight subsectors of the country’s manufacturing sector. He also said that the...

Discos To Pay For Rejecting Electricity – NERC       The Nigerian Electricity Regulatory Commission has said the power distribution companies will be liable to capacity charge for failure to take their entire load allocation caused by constraints in their networks. NERC disclosed this in a document seen...

Fed Govt To Fund Electricity Agency With N152bn In 2021     In spite of the public outrage over last week’s electricity tariff hike which the government said it was meant to fund electricity infrastructure, the federal government is set to spend additional N152.416 billion in funding...

DisCos Hike Electricity Rates As New Tariff Begins Tuesday     The power Distribution Companies (DisCos) are already hiking electricity rates despite the effects of the COVID-19 as a three-month tariff hike implementation begins on Tuesday. Tariff schedules of three DisCos seen by our correspondent on Monday night,...

Why We Have Inaccurate Electricity Billing — NERC     The Nigerian Electricity Regulatory Commission, NERC, yesterday, attributed inaccurate billing of consumers to poor installation of prepaid meters in Nigeria. The Commission, which identified poor training of installers as an additional factor, has emerged with new guidelines for...