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NERC Scrutinises Discos’ Capital Spends Before Tariff Review

NERC Scrutinises Discos’ Capital Spends Before Tariff Review   The Nigerian Electricity Regulatory Commission (NERC) would be taking a deeper look at how the 11 electricity distribution companies (Discos) have utilised the capital expenditure allowed for them in their respective existing tariffs before agreeing to sign...

N1.02trn Power Bailout Funds fail to Lift sector

N1.02trn Power Bailout Funds fail to Lift sector The Federal Government has committed the sum of N1.023 trillion in bailouts in the form of low interest loans and grants to Nigeria’s power sector within the last three years yet the country is unable to witness...

N6bn Illegal Loan: NERC Insists IBEDC MGT, Board Remain Suspended

N6bn Illegal Loan: NERC Insists IBEDC MGT, Board Remain Suspended …DisCo gets court injunction to continue The Nigerian Electricity Regulatory Commission (NERC) still insists that the board and management of the Ibadan Electricity Distribution Company (IBEDC) remain suspended for giving an unauthorised loan of N6 billion...

FG Instructs NERC To Enforce Metering And End Estimated Billing

FG Instructs NERC To Enforce Metering And End Estimated Billing   The Federal Government on Monday ordered the Nigerian Electricity Regularly Commission to enforce the contract mandating power distribution companies to provide meters to customers and eliminate estimated electricity bills in the power sector. It said the...

FG Approves 22 Firms To Handle Meter Distribution

FG Approves 22 Firms To Handle Meter Distribution   The Nigerian Electricity Regulatory Commission (NERC) says it has granted a ‘No Objection’ to 22 firms to procure and install meters for customers under the 11 Distribution Companies (DisCos). A statement by the General Manager, Public Affairs, Usman...

NERC Begins Process for Affordable Electricity Tariff

NERC Begins Process for Electricity Power Tariff The Nigerian Electricity Regulatory Commission (NERC) is shopping for consultants it will engage within a month to determine the rate of affordability of the present tariff paid by consumers across the 11 Electricity Distribution Companies (DisCos) and four...