NERC

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…

NERC to review Meter Asset Provider initiative

The Nigerian Electricity Regulatory Commission (NERC) has said it is in the process of reviewing the Meter Asset Provider (MAP) Regulation 2018 to fast-track closure of the existing metering gap. MAP was introduced by NERC as a regulatory initiative to…