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...

Fed Govt Hikes Electricity Tariff By 50%         The Nigerian Electricity Regulatory Commission, NERC, has approved over 50 per cent hike in electricity tariff effective January 1, 2021. The new tarrif hike regime is to be paid by customers of the 11 electricity Distribution Companies, DISCOs. This is...

Electricity Consumers Will Get Refund For Meter Payment – NERC       Electricity customers who paid for meters under the Meter Asset Provider scheme will be refunded, the Nigerian Electricity Regulatory Commission has said. NERC said this on Wednesday in an emailed response, through its Head of Public...

Electricity: Gas, Transmission, Distribution Facilities Hinder 10,106MW Generation         A total of 10,106.8 megawatts of electricity could not be generated by the nation’s power plants last week amid lingering challenges in the Nigerian electricity supply industry. Daily electricity generation in the country averaged 4,601.33MW last week as...

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...