Discos Failed To Pay N510.53bn In 2020, Says NERC
Power distribution companies in the country failed to pay a total of N510.53bn for the electricity sold to them in 2020 by Nigerian Bulk Electricity Trading Plc, the Nigerian Electricity Regulatory Commission has said.
The government-owned NBET...
Consumers Paid N542.73bn To Discos In 2020 – NERC
Consumers across the country paid a total of N542.73bn to power distribution companies as electricity bill in 2020, a report obtained from the Nigerian Electricity Regulatory Commission has shown.
In the 2020 financial report, the NERC, however,...
Consumers With Faulty Meters Shouldn’t Get Estimated Bills, Says NERC
Under no circumstances should a customer be placed on estimated billing on account of the failure of a power distribution company to install a replacement meter, the Nigerian Electricity Regulatory Commission has said.
According to NERC,...
Niger, Others’ Debts Worsening Illiquidity In Power Sector - NERC
The Nigerian Electricity Regulatory Commission (NERC) has expressed concern about the continuing inability of its international as well as special customers to settle their invoices for services rendered by the Market Operator (MO).
NERC, in its...
11 DisCos Failed To Remit N160.1bn In Q2, 2020
The Nigerian Electricity Regulatory Commission (NERC) said the 11 electricity Distribution Companies (DisCos) failed to remit N160.1 billion in Second Quarters (Q2 2020) to the Market Operator (MO) of the Transmission Company of Nigeria (TCN).
In the...
No 50% Increase In Electricity Tariff — NERC
The management of the Nigerian Electricity Regulatory Commission (NERC) says there is no 50 per cent increase in electricity tariff.
This was made known by NERC’s Head of Public Affairs, Mr Micheal Faloseyi, in a statement in Abuja...
