By Akinyemi Precious The Nigerian Electricity Regulatory Commission (NERC) has increased the prices of electricity meters by 40 per cent. This as approval for the incresss was granted for an upward adjustment in the prices of prepaid electricity meters within…
The Nigerian Electricity Regulatory Commission on Tuesday approved a 40 per cent upward review of unit costs for end-use meters under the Meter Asset Provider and National Mass Metering Regulations. NERC disclosed this in a Notice order signed by its…
By Akinyemi Precious According to NERC General Manager, Finance and Management Services, Dr Abdulkadir Shettima, electricity customers with faulty meters have the right to have it fixed within two working days. He said this while making a presentation on Metering Issues…
The Nigerian Electricity Regulatory Commission (NERC) has said that prepaid meter users in the country should update their meters before November 24, 2024. The Commission made this announcement via its Twitter handle during the week. According to NERC, all prepaid…
The Nigerian Electricity Regulatory Commission has said that Niger presently owes Nigeria N4.22bn ($5.48m) for power supply. According to a quarterly report, 70 per cent of Niger’s share of electricity was purchased from the Nigerian business Mainstream in 2022 as said…
The Nigerian Electricity Regulation Commission (NERC) has said the federal government paid the sum of N36bn to subsidise electricity consumption in the first quarter of 2023. In its quarterly report, NERC said the money amounted to the payment of N12bn…
By Akinyemi Precious According to the Q1 2023 Electricity report from the Nigerian Electricity Regulatory Commission (NERC), it was made known that Electricity Distribution Companies (DisCos) collected only N247.09 billion in revenue out of the N359.38 billion billed to customers…
By Akinyemi Precious The Nigerian Electricity Regulatory Commission (NERC) has said that all customers have the right to a refund when overbilled by their respective distribution companies (DisCos). This was made known by the Commission via an awareness video on…
The Nigerian Electricity Regulatory Commission, (NERC) is set to review all capital expenditure by the Transmission Company (TCN) in excess of N5 billion or a revision of existing contract sum in excess of 15 percent shall be reviewed by it.…
Repairs of faulty transformers are the responsibility of distribution companies (DisCos) and not communities. This is according to the AGM, of Consumer Affairs, Mr. Tony Essien at the Nigerian Electricity Regulatory Commission (NERC). He said this at the Electricity Consumers Enlightenment…
