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NERC - Page 3

Nigerian Govt Spends ₦380bn On Electricity Subsidy In Q2 2024 — NERC

Electricity Supply To Int’l Customers Shouldn’t Exceed 6% Of Available Grid Generation, NERC Orders GenCos

In its quest to prioritize electricity supply to local customers, the Nigerian Electricity Regulatory Commission (NERC) has ordered Generation Companies (GenCos) not to exceed 6 per cent of available power grid generation per hour to international customers or off-takers. The Commission made

May 5, 2024

Business·News

Nigeria Faces Sixth Grid Collapse Of 2024: System Instability With Recurrent Challenges

Nigeria’s power grid stumbled yet again, marking the sixth collapse this year. The collapse on Monday dawn witnessed a drop in electricity generation from 2,583.77 megawatts to a meager 64.7MW before recovery efforts took hold. The Transmission Company of Nigeria attributed this

April 16, 2024

Metering All Consumers Only Way To Increase Revenue Collection By DisCos, Not Tariff Hike - Expert

Business·News

Nigerian Govt Projects Savings Of N1.5trn, 2.5m Meter Installations Following Tariff Hike

The electricity tariff hike for Band A customers is expected to result in substantial savings for the Federal Government, amounting to approximately N1.5 trillion. This move is part of the government’s efforts to address the challenges facing the power sector and improve

April 11, 2024

Business·News

DisCos Blame Technical Glitches For Inability To Maintain 20-Hour Power Supply

Several electricity distribution companies, commonly known as DisCos, are facing challenges in providing the mandated 20-hour power supply to customers on Band A feeders. This failure has led to apologies and explanations from DisCos across various regions of Nigeria. The Benin Electricity

April 9, 2024

Nigerian Electricity Regulatory Commission (NERC) has announce reduction of electricity tariff for band A customers from N225 per kilo watt hour (kWh) to N206.8kWh with effect from May 2024.

Business·Power

New Electricity Tariff Hike Will Reduce Subsidy By 40% – NERC

The Nigerian Electricity Regulatory Commission (NERC) says the new increase of electricity tariff will reduce subsidy for electricity generation by 40 per cent while the Federal Government would still retain about 50 per cent. Executive Vice Chairman of NERC, Musiliu Oseni, who

April 7, 2024

Business·News

Electricity Tariff Increase Threatens Long-term Sustainability Of Businesses Across Sectors – ACCI

The Abuja Chamber of Commerce and Industry (ACCI) has expressed apprehensions over the impact of the new electricity tariff increase on the long-term sustainability of businesses across various sectors. Speaking in Abuja, ACCI President Mr. Emeka Obegolu voiced worries about the adverse

April 7, 2024

Business·Power

Metering All Consumers Only Way To Increase Revenue Collection By DisCos, Not Tariff Hike – Expert

The increase in electricity tariff by the Nigerian Electricity Regulatory Commission (NERC) for consumers on Band A has been generating reactions from the people across the country.

April 5, 2024

News

Electricity Tariff Hike: NERC Fines Abuja DisCo ₦200m For Violation, Directs Customer Refunds

NERC has slammed a fine of ₦200 million on the Abuja Electricity Distribution Company (AEDC) for non-compliance with the Supplementary Order to the April 2024 Multi-Year Tariff Order.

April 5, 2024

Publish Details Of Meter Purchase Refunds To Customers, NERC Orders DisCos

Business·News

More Financial Burden For Nigerian Customers As NERC Plans To Increase Price Of Prepaid Metre

The Nigerian Electricity Regulatory Commission (NERC) is contemplating another increase in the price of prepaid meters, signaling potential hardships for consumers already grappling with the soaring expenses of essential utilities. Sources familiar with the situation disclosed to Nairametrics that the regulatory body

February 19, 2024

News·Power

NERC Seeks Decentralization Of Electricity Regulation

The Nigerian Electricity Regulatory Commission (NERC) has taken a step towards decentralizing power regulation, following the implementation of the new Electricity Act 2023. The Act, signed by President Bola Tinubu in June 2023, shifts the control of electricity generation and regulation to

January 23, 2024

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NERC - Page 3

Electricity Supply To Int’l Customers Shouldn’t Exceed 6% Of Available Grid Generation, NERC Orders GenCos

Nigeria Faces Sixth Grid Collapse Of 2024: System Instability With Recurrent Challenges

Nigerian Govt Projects Savings Of N1.5trn, 2.5m Meter Installations Following Tariff Hike

DisCos Blame Technical Glitches For Inability To Maintain 20-Hour Power Supply

New Electricity Tariff Hike Will Reduce Subsidy By 40% – NERC

Electricity Tariff Increase Threatens Long-term Sustainability Of Businesses Across Sectors – ACCI

Metering All Consumers Only Way To Increase Revenue Collection By DisCos, Not Tariff Hike – Expert

Electricity Tariff Hike: NERC Fines Abuja DisCo ₦200m For Violation, Directs Customer Refunds

More Financial Burden For Nigerian Customers As NERC Plans To Increase Price Of Prepaid Metre

NERC Seeks Decentralization Of Electricity Regulation

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