Discos Owe N416.94bn In Nine Months - NBET         Power distribution companies in the country failed to pay a total of N416.94bn for the electricity sold to them from January to September this year, the latest data from the Nigerian Bulk Electricity Trading Plc have shown. The...

Disconnect Customers Rejecting Meters, NERC Orders Discos         The Nigerian Electricity Regulatory Commission on Wednesday ordered power distribution companies to start disconnecting electricity consumers who reject meters. Recently, the Federal Government commenced the mass deployment of about six million meters across the country in order to halt...

Tariff Implementation: Nigeria’s Power Sector Faces Bleak Future — GENCOs       Power Generating Companies, GENCOs, has said that the constraints bewildering Nigeria’s power sector are so vast that they may end up forcing it to comatose. The GENCOs reaction is coming against the backdrop of the recent...

NERC Retires Three General Managers In Reshuffling Process       Three General Managers (GMs) described as the most senior at the Nigerian Electricity Regulatory Commission (NERC) have proceeded on their terminal leave, Daily Trust can confirm. The affected GMs include Dr Tony Akah who heads the Corporate Services....

New Tariff Will Attract Power Sector Investments – NERC       The Nigerian Electricity Regulatory Commission on Tuesday said the recently reviewed service reflective tariff would attract more investments to the power sector. Chairman of the commission, Prof. James Momoh, who said this in Abuja during a working...

Experts Insist On Mass Metering Before Implementation Of New Tariff         Experts have criticised the implementation of the new electricity tariff structure and urged the Federal Government to ensure that electricity consumers are metered first before the commencement to eliminate outrageous billings. Nigerians had heaved a sigh...