Electricity consumers paid a total of N509.84 billion in the fourth quarter of 2024 despite experiencing five national grid collapses within the same period. The Nigerian Electricity Regulatory Commission (NERC) disclosed in its latest report that there were three instances…
The Nigerian Electricity Regulatory Commission (NERC) on Tuesday, said that the Electricity Distribution Companies (DisCos), installed a total of 185,439 meters in the fourth quarter of 2024. NERC announced this on its 2024 Fourth Quarter Report, published on its website…
By Seun Ibiyemi The Federal Government of Nigeria (FGN) provided a ¦ 471.69 billion electricity subsidy in the fourth quarter of 2024 (Q4 2024), according to the Nigerian Electricity Regulatory Commission (NERC). This subsidy accounted for 57 per cent of…
In compliance with the amended constitution of the Federal Republic of Nigeria and the Electricity Act 2023 (Amended), the Nigerian Electricity Regulatory Commission has issued an order to transfer regulatory oversight of the electricity market in Plateau State to the…
By Seun Ibiyemi The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has reported that the country’s 12 electricity distribution companies (DisCos) failed to collect approximately ¦ 60 billion in electricity bills in December 2024. This information was disclosed…
The Nigeria Labour Congress (NLC) has rejected plans by the Nigerian Electricity Regulatory Commission (NERC) to migrate electricity consumers from lower tariffs to Band A. This was contained in a communique issued at the end of the National Executive Council…
By Seun Ibiyemi The Nigerian Electricity Regulatory Commission (NERC) has granted electricity distribution companies (DisCos) the authority to disconnect customers found guilty of meter bypassing and other forms of electricity theft without prior notice. This directive was issued through an…
The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has issued new regulations outlining the procedure for tariff reviews in the electricity sector. In its latest order, signed by NERC Chairman Sanusi Garba, the commission explained that under the…
The Nigerian Electricity Regulatory Commission (NERC) has completed the transfer of regulatory oversight to four states. The states are Enugu, Ekiti, Ondo, and Imo, which are now fully responsible for the regulation of their electricity markets. NERC made this known…
…Issues captive power generation permits to Nigerian Breweries, universities By Seun Ibiyemi The Nigerian Electricity Regulatory Commission (NERC) has announced the transfer of regulatory oversight for the electricity market in Niger State to the Niger State Electricity Regulatory Commission (NSERC).…
