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FG to DisCos: Resolve Metering Gap to Tackle Estimated Billing System

FG to DisCos: Resolve Metering Gap to Tackle Estimated Billing System The Federal Government has charged power distribution companies to address metering gap in the country in order to tackle the estimated billing system where customers pay more and receive less service. It disclosed this on...

FG to Probe DisCos Over Non-performance

FG to Probe DisCos Over Non-performance The Federal Government has declared on Monday that the power distribution companies will lose 50 per cent of their operating expenditures over non-performance after a careful probe. It made this known through the Nigerian Electricity Regulatory Commission (NERC) at the...

In Nine Months DisCos Overbill 7. 1 million Unmetered Customers

In Nine Months DisCos Overbill 7. 1 million Unmetered Customers Power distribution companies overbilled about 7.1 million unmetered electricity consumers between January and September 2023, an analysis of the latest monthly number of overbilled customers showed. In the various Regulatory Interventions for Non-Compliance with the Order...

Amidst Hike in Tariff, Power Generation Crashes to 3,383MW

Amidst Hike in Tariff, Power Generation Crashes to 3,383MW The recent increase in electricity tariff by the Nigerian Electricity Regulatory Commission, NERC, has failed to translate to improvement in power supply as on-grid generation fell to 3,383 Mega Watts as at 3pm yesterday. According to the...

NERC Inaugurates Groups, Backs States to Regulate Electricity Firms

NERC Inaugurates Groups, Backs States to Regulate Electricity Firms The Nigerian Electricity Regulatory Commission has inaugurated three working groups for the implementation of the new Electricity Act 2023. President Bola Tinubu had signed the new Act in June 2023, removing electricity from the exclusive list and...

FG Spends Over N5trn To Cover Electricity Subsidy In 10 Years

FG Spends Over N5trn To Cover Electricity Subsidy In 10 Years   The federal government’s effort to subsidise electricity tariff for Nigerians has seen it cough out over N5 trillion in the last 10 years amounting to over 664 per cent growth, data from the Nigerian...