HomeTagsNERC

Tag: NERC

NERC Transfers Regulatory Oversight to Ekiti Board

NERC Transfers Regulatory Oversight to Ekiti Board   The Nigerian Electricity Regulatory Commission (NERC) on Tuesday, April 23, revealed that it has transferred regulatory oversight of the electricity market in Ekiti state from the commission to the Ekiti State Electricity Regulatory Bureau (EERB). According to the commission,...

Electricity Tariff Hike Reversal Requires N3.2trn – NERC

Electricity Tariff Hike Reversal Requires N3.2trn – NERC The Federal Government of Nigeria will need to come up with the sum of N3.2trn in 2024 to reverse the recent hike in electricity tariff, the Chairman of the Nigeria Electricity Regulatory Commission, NERC, Sanusi Garba said...

85% of Nigerians Still Savouring Electricity Subsidies, Says Information Minister

85% of Nigerians Still Savouring Electricity Subsidies, Says Information Minister In the face of public backlash against the recent electricity tariff hike for Band A customers in Nigeria, the Federal Government has revealed that a staggering 85% of citizens still enjoy electricity subsidies, despite the...

Meter All ‘Brand A’ Feeders, NERC Tells DisCos 

Meter All 'Brand A' Feeders, NERC Tells DisCos  The Nigerian Electricity Regulatory Commission (NERC) has said it should be the priority of power distribution companies to meter all customers on Band A feeders. This came barely one week after the NERC approved over 200 per cent...

FG Approves N225/kilowatt Electricity Tariff for ‘Band A’ Customers

FG Approves N225/kilowatt Electricity Tariff for ‘Band A’ Customers The Nigerian Electricity Regulatory Commission (NERC) on Wednesday approved N225/kilowatt for Band A customers. Band A customers are those that enjoy a minimum of 20-hour per day electricity supply. The commission noted that the band constitutes 15% of...

Capping: Kaduna Electric Set To Refund Customers

Capping: Kaduna Electric Set To Refund Customers   Kaduna Electric is set to comply with the Nigerian Electricity Regulatory Commission's (NERC) order, mandating it to refund over billed customers. Kaduna Electric and other Distribution Companies in the country were sanctioned for non compliance with NERC's Capping Order,...