Electricity Tariff Subsidy Gulped N540bn, Must Stop — NERC       The Nigerian Electricity Regulatory Commission has said the Federal Government spent N540bn subsidising electricity in 2019, stressing the need to put an end to subsidy. According to the commission, the amount spent on electricity subsidy should be...

'Meter Import Waiver Puts Manufacturers At Risk'       The recent approval by the Federal Government of a waiver of the import levy on meters will put local manufacturers in jeopardy, Mojec International Limited has said. The Nigerian Electricity Regulatory Commission had announced in August that the President...

Discos Obey NERC, Begin 14-day Tariff Hike Suspension       Some power distribution companies are beginning to comply with the order of the Nigerian Electricity Regulatory Commission by suspending the September 1, 2020 tariff increase. On Tuesday night, NERC issued an order suspending the hike in electricity tariffs...

Electricity: Consumers Groan As DisCos Delay Tariff Hike Reversal       Against the backdrop of the suspension by the Federal Government of the recent electricity tariff hike, electricity consumers lamented on Wednesday the delay by the distribution companies in reverting to the old rates. The Federal Government had,...

In 2019, Gencos Generated 33,448,633MWh - NBS       A total of 33,448,633 megawatts-hour of energy was generated by power generation stations across the country in 2019, the National Bureau of Statistics said on Tuesday. This came as power distributors again said on Tuesday that the Nigerian Electricity...

DisCos: We’ve Not Been Informed Of Tariff Hike Suspension         Power distribution companies said on Monday that they had not received any directive from the Nigerian Electricity Regulatory Commission on tariff suspension. The Discos are confused about the decision of the Federal Government and labour unions as...