FG Splits TCN, Hands National Grid to New Company
A new order by the Nigerian Electricity Regulatory Commission (NERC) will, in the next 30 days, create the Nigerian Independent System Operator of Nigeria Limited (NISO), leading to a split of the Transmission Commission of Nigeria...
Electricity Tariff Hike Reversal Requires N3.2trn – NERC
The Federal Government of Nigeria will need to come up with the sum of N3.2trn in 2024 to reverse the recent hike in electricity tariff, the Chairman of the Nigeria Electricity Regulatory Commission, NERC, Sanusi Garba said...
FG Mulls New Options To Deliver Prepaid Meters
The Federal Government has started considering new options in delivering prepaid meters to 60 per cent of consumers still being exploited through estimated billing in Nigeria.
In its ‘Consultation Paper on the Review of Meter Asset Provider’ obtained...
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...