The recent increase in electricity tariffs for consumers enjoying 20 hours of power supply daily is a misguided move that has sparked widespread criticism. The Nigerian Electricity Regulatory Commission’s (NERC) decision to raise tariffs by 240 percent for customers…
In line with the Electricity Act 2023, the Nigerian Electricity Regulatory Commission, NERC, issued an order transferring regulatory oversight of the electricity market in Imo to the Imo State Electricity Regulatory Commission. This was contained in a recent order signed…
The Nigerian Electricity Regulatory Commission (NERC) has announced the approval of N21 billion for 11 electricity Distribution Companies (DisCos) to provide meters for customers. This announcement was made in NERC’s ORDER NO: NERC/2024/072 on The Operationalisation of “Tranche A” of…
The Nigerian Electricity Regulatory Commission has approved a deal for the procurement of 450 megawatts of electricity from Zungeru Hydro Electricity Generation Company Limited. The directive, said to have been issued further to the Commission’s Order No. NERC/2024/044 on the…
Twenty-eight grid-connected electricity generation plants across the country generated a total of 3,171GWh of electricity in May 2024, a 12 percent increase from 2,833GWh generated in April 2024, according to the Nigerian Electricity Regulatory Commission, NERC. According to NERC, these…
A High Court in Lagos has issued an interim order preventing 10 electricity distribution companies (DisCos) and the Nigerian Electricity Regulatory Commission (NERC) from increasing tariffs. Presiding Judge Lewis Allagoa granted the ex parte order on Monday, June 10. According…
…As electricity market panel hands over report to NERC According to the Nigerian Electricity Regulatory Commission, about 26 electricity generation plants across the country generated a total of 2,833 gigawatts hour, GWh, of electricity in the month of April 2024,…
By Elvis Omoregie, Benin The Benin Electricity Distribution Company Plc (BEDC) has announced a tariff review for Feeder Band A, effective from May 6th, 2024. The adjustment is to align with the new tariff methodology prescribed by the Nigerian Electricity…
The Nigerian Electricity Regulatory Commission (NERC), says it has transfered regulatory oversight of electricity market in Ekiti State to the state Electricity Regulatory Bureau (EERB). The commission said this in a statement posted on its website in Abuja on Tuesday.…
In a groundbreaking move, the Nigerian Electricity Regulatory Commission (NERC) has ceded its regulatory powers of the Enugu electricity market to the Enugu Electricity Regulatory Commission (EERC), which is owned by the state government with effect from May 1, 2024.…
