The Acting Director-General of the Bureau of Public Enterprises (BPE), Dr. Vincent Onome Akpotaire has suggested that for the power privatization in Nigeria to work, the industry’s regulator- Nigerian Electricity Regulatory Commission (NERC) must be allowed to perform its mandate without interference. Speaking...

The Nigerian Electricity Regulatory Commission (NERC) has said many factors are responsible for tariff review in the country bi-annually. A statement by Dr Usman Arab, NERC’s Head of Public Affairs, in Abuja said the allegation that the commission always sided with operators on tariff issues was...

The Ibadan Electricity Distribution Company (IBEDC) has been found wanting by an audit report in the management bailout fund for the electricity sector. The company is among the first of the two DisCos to get a loan of N11.36 billion from the N213bn NEMSF. Records showed...

The Nigerian Electricity Regulatory Commission has declared that without an increase in electricity tariff payable by consumers or an intervention in form of subsidy from the Federal Government to the power firms, the country would not be able to get the steady power supply. But...

The Nigerian Electricity Regulatory Commission (NERC) has issued notice to the 11 Distribution Companies (DisCos), giving them till February 28, 2017 to deploy meters to all their Large Power Users (LPU). Defaulters, it said will come under its sanctions from March 1st. The Commission, in June...

The national electricity grid has lost 728 megawatts in first 12 days of 2017, after peak power generation dropped to 3,432mw on Thursday. Daily Trust report that the grid started with a peak generation of 4,160mw attained on January 1, 2017 with the lowest generation...