NERC

Epileptic power supply: NERC begins tariff review

…Sector enmeshed in corruption, funding — Olu Agunloye Nigerian Electricity Regulatory Commission (NERC) has confirmed the removal of electricity subsidies by the federal government and will now review tariff rates every six months. This is as former Power Minister, Olu…

Power association gives reasons why customers pay for meters

The Association of Nigerian Electricity Distributors (ANED) says some customers pay for meters because not all approved metering schemes, currently active in the country, offer meters at no immediate expense. ANED’s Executive Director, Research and Advocacy, Mr Sunday Oduntan, in…

6.3 Million Nigerians are yet to be metered — NERC

The Nigerian Electricity Regulatory Commission, NERC has revealed that about 6.3 million electricity consumers have not yet been metered for despite the Federal Government’s mass metering initiative. The Commission expressed deep concern over the huge metering gap in Nigeria, describing…

FG injected N213bn to stabilise electricity in 2015 — NERC

Federal Government, through intervention of Central Bank of Nigeria (CBN), injected N213 billion to stabilise the electricity market in 2015, the Commissioner, Engineering, Performance and Monitoring, at the Nigerian Electricity Regulatory Commission (NERC), Prof Frank Okafor, has said. Okafor, a…