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NERC Fails To Explain N2bn Contract Proposal

NERC Fails To Explain N2bn Contract Proposal       The Chairman of the Nigerian Electricity Regulatory Commission, Prof. James Momoh, on Wednesday, failed to tell the House of Representatives the total cost of demarcating and renovating the commission’s headquarters in spite that N2bn was proposed for completion...

Despite NERC Capping, Consumers Lament Outrageous Billing

Despite NERC Capping, Consumers Lament Outrageous Billing       Despite a regulation capping the limit to which distribution companies (DisCos) can charge electricity consumers who are not metered, overbilling in the form of estimated billing has continued. Specifically, the National Electricity Regulatory Commission (NERC), in February issued an...

New Tariff Illegal Without NERC Order, Say Electricity Consumers

New Tariff Illegal Without NERC Order, Say Electricity Consumers         The implementation of the revised service reflective tariff for electricity by power distribution companies is creating confusion among power consumers as some customers of Discos described it as an illegality. According to the Nigerian Electricity Consumers Advocacy...

Fed Govt To Spend N269.38bn On 6million Free Meters

Fed Govt To Spend N269.38bn On 6million Free Meters       The Federal Government is to spend between N269.38bn and N497.13bn on the provision of six million free meters to various unmetered power users across the country. Also, findings from separate quarterly reports of the Nigerian Electricity Regulatory...

Discos Commence Implementation Of Revised Electricity Tariff

Discos Commence Implementation Of Revised Electricity Tariff       Power distribution companies have commenced the implementation of the revised electricity tariff that was jointly agreed upon by organised labour and the Federal Government. In a report in Sunday, the Nigeria Labour Congress stated that the Federal Government would...

NERC Earns N3.25bn In Q1, Spends N1.9bn

NERC Earns N3.25bn In Q1, Spends N1.9bn         The Nigerian Electricity Regulatory Commission (NERC) says it earned a higher revenue of N3.25 billion but its expenditure rose to N1.94bn in the first quarter of 2020. According to the first quarter report, the revenue was an increase of...