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NERC: Togo, Benin Q2 Electricity Debt To Nigeria Hits N770m

NERC: Togo, Benin Q2 Electricity Debt To Nigeria Hits N770m   The Nigerian Electricity Regulatory Commission (NERC) says the Republic of Benin, Niger Republic, Togo did not pay N770 million electricity bill owed Nigeria in the second quarter of 2021. The commission disclosed this in its second-quarter...

NERC Renews NBET’s Licence For Three Years

NERC Renews NBET’s Licence For Three Years   The Nigerian Bulk Electricity Trading company on Tuesday announced that its operating license had been renewed for additional three years by the Nigerian Electricity Regulatory Commission. It said in a statement issued by the firm in Abuja that the...

FG Raises Power Tariff December, Begins Free Meters Purchase

FG Raises Power Tariff December, Begins Free Meters Purchase   Power consumers nationwide may start to pay more for electricity, following plans by the Federal Government to carry out a review of power tariff. This came as the Federal Government said on Wednesday it had commenced the...

Discos Lose N97bn To Energy Theft, Others In Three Months

Discos Lose N97bn To Energy Theft, Others In Three Months   Electricity distribution companies have said a total of N97bn was lost in the first quarter of this year to energy theft, capping of estimated billing and other factors. The Association of Nigerian Electricity Distributors, the umbrella...

Electricity Consumers Await Revised Tariff Today

Electricity Consumers Await Revised Tariff Today       Electricity consumers are expecting a new tariff decision today that will be active for the next six months barring changes by the Nigerian Electricity Regulatory Commission (NERC). NERC had in April 2021 announced that it was reviewing the Multi Year...

Power Revenue Improved, Customers Paying 78% Tariffs – NERC

Power Revenue Improved, Customers Paying 78% Tariffs – NERC       Revenue to Nigeria’s power sector has improved since the implementation of Service Based Tariffs that started in November 2020, the Nigerian Electricity Regulatory Commission said on Wednesday. NERC also said that power users in bands A and...