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Senate Confirms NHRC Boss, NERC Chairman

Senate Confirms NHRC Boss, NERC Chairman     The Senate on Tuesday confirmed the nomination of Mr Anthony Ojukwu for appointment as Executive Secretary of the National Human Rights Commission (NHRC). President of the Nigerian 8th Senate, Dr. Bukola Saraki The senate also confirmed the nomination of...

NERC Moves To N7.9bn Abuja Head Office Today

NERC Moves To N7.9bn Abuja Head Office Today     The Nigerian Electricity Regulatory Commission (NERC) begins operations today from its new corporate head office located at the Central Business District in Abuja which gulped an estimated N7.911 billion in the last six years. The commission, established in...

NERC Orders Discos To Engage Independent Meter Providers

NERC Orders Discos To Engage Independent Meter Providers   The Nigerian Electricity Regulatory Commission on Tuesday ordered the 11 power distribution companies to engage the services of the recently approved independent Meter Asset Providers in order to effectively bridge the over 4.74 million metering gap in...

NERC Halts Metering Monopoly By DISCOS

NERC Halts Metering Monopoly By DISCOS …Says Other Firms Can Provide Meters   Electricity distribution companies have been told that they no more have the monopoly to provide meters to electricity consumers anymore, the Nigerian Electricity Regulatory Commission(NERC) has declared. NERC’s new regulation made public on Monday, has...

FG gives states autonomy to produce power

The Federal Government has given State governments autonomy to produce own power so as to ensure improved power supply in the country. It said this is because nothing in the Electricity Power Sector Reforms Act EPSRA deter States from doing such. Speaking at the 18th monthly...

NERC to set recapitalisation guideline for power sector investors

Discos flay plans to escrow their accounts The Nigerian Electricity Regulatory Commission (NERC), is set to release a minimum recapitalisation level required to be met by core investors in the power sector. NERC identified capital adequacy as a major issue in the power sector, pointing out...