NERC

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…

ActionAid tackles NERC’s proposed Electricity tariff hike

By Uthman Salami ActionAid Nigeria, a Non-Governmental Organisation (NGO), has joined several others in the country to protest against the reported directive of NERC, to the 11 Electricity Distribution Companies (DisCos) to increase their tariffs from September 1, 2021. ActionAid…

Electricity supply remains at 40% since 2010 — Amadi

The National Electricity Regulatory Commision has revealed that despite Nigeria’s growing population, electricity supply in the country has remained at 40 per cent since 2010. This revelation was made by the former Chairman of National Electricity Regulatory Commision (NERC), Dr.…

Labour kicks as NERC insists on power tariff review

The Nigerian Electricity Regulatory Commission (NERC) is going ahead with plans to review power tariffs in July this year despite wide spread resentments by the organised labour, consumer groups and other individuals. NERC had announced on April 26, 2021 that…

NERC mulls extraordinary tariff review for 11 DisCos

The Nigerian Electricity Regulatory Commission (NERC) says it is concluding the Extraordinary Tariff Review process for the 11 Electricity Distribution Companies (DisCos). NERC, which is the regulator of Nigeria’s power sector, made this known on Monday in a notice to…

Gencos got N81.14bn payment assurance in 2020 – NERC

Power generation companies received N81.14bn as payment assurance from the Nigeria Electricity Bulk Trading Plc in 2020, the Nigerian Electricity Regulatory Commission has said. NERC disclosed this in its latest Key Operational and Financial Data of the Nigerian Electricity Supply…