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NERC Appeals Court Ruling on Electricity Tariff

The Nigerian Electricity Regulatory Commission has directed its lawyers to file an appeal against the court ruling that mandated it to reverse the 45 per cent increase in electricity tariff across the country. The NERC had earlier stated that it would uphold the decision of...

Power: NERC to Reverse 45% Tariff Hike

The Nigerian Electricity Regulatory Commission on Thursday said it would uphold the court ruling mandating it to reverse the 45 per cent increase in electricity tariffs across the country, six months after implementing the Multi Year Tariff Order 2, which brought about the hike...

No Plan to Increase Electricity Tariff- NERC

The Nigerian Electricity Regulatory Commission (NERC) has denied reports that there were plans to increase power tariffs across the country. Six months ago, NERC increased electricity tariffs for different categories of consumers by over 45 per cent, but it denied doing so this time around because...

Electricity Firms Push for 100% Tariff Hike

Power firms are pushing for a fresh 100 percent increase in electricity tariff, the second in six months, Daily Trust investigations have shown. The electricity distribution companies (DisCos) raised tariff by over 45 percent in February. The DisCos had written to the regulatory authority, the Nigerian...

NERC Gives Discos Four Months to Provide Meters for Maximum Demand Consumers

The Nigerian Electricity Regulatory Commission (NERC) has given the 11 electricity distribution companies (Discos) in Nigeria a four-month deadline to provide meters to all the maximum demand (MD) consumers under their networks or face sanctions. The commission said it was acting in line with the...

Poor Metering: NERC to sanction Discos from October

Power distribution companies that fail to provide meters for all maximum demand customers on their networks not later than the last quarter of this year will be sanctioned, the Nigerian Electricity Regulatory Commission has said. According to NERC, the resolve to start sanctioning the firms...