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NERC - Page 4

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

News·Power

Nigerian Govt Grants 13 New Power Licences, Boosting Off-Grid, Embedded Generation

Nigerian Electricity Regulatory Commission (NERC) has granted 13 new licenses for off-grid and embedded power generation, independent electricity distribution, and electricity trading.

January 16, 2024

News·Power

NERC Dissolves Kaduna DisCo Board Over ₦110bn Debt, Appoints New Administrator

NERC has dissolved the board of directors of the Kaduna Electricity Distribution Company (Kaduna DisCo) due to the company's ₦110 billion debt to the Nigeria Electricity Supply Industry (NESI).

January 8, 2024

Geometric's Aba Power Plant Set For Commissioning Monday February 26

Business·News

Power Crisis: NERC Threatens Strict Measures Against DisCos Over Load Rejection

In a bid to address the persistent power failure across Nigeria, the Nigerian Electricity Regulatory Commission (NERC) has expressed deep concern over the continuous electricity load rejection by power distribution companies (DisCos). Despite widespread blackouts affecting numerous regions in the country, the

January 7, 2024

Nigeria’s power generation has risen to 5,313 Mega Watts (MW), first time in three years, says the Minister of Power, Bayo Adelabu.

Business·Power

‘Nigeria Needs $2.5bn Investment To Tackle Power Sector Crisis’

Energy adviser to President Bola Tinubu, Olu Verheijen, says Nigeria's ailing power sector needs about $2.5 billion (N2 trillion) capital investment to revamp it.

January 5, 2024

Business·News

Vandalism Accounts For 13% Of Power Accidents, Urgent Measures Required-NERC

The Nigerian Electricity Supply Industry (NESI), Engr. Idris Aminu Idris, the SM in charge of Engineering Performance and Monitoring at the Nigerian Electricity Regulatory Commission (NERC), disclosed that vandalism has been a major contributor, causing 13% of power-related accidents between Q1 and

November 9, 2023

Nigeria’s Electricity Tariff Hike: Any Impact On Productivity?

Business·Power

Generation Costs Dominated 2022 Nigerian Electricity Tariffs At 49.02% – NERC Report

An analysis of the electricity market by the Nigerian Electricity Regulatory Commission (NERC) revealed that the major contributor to end-user tariffs in 2022 was power generation costs, which claimed a commanding share of 49.02%. The Commission, through its 2022 Market Competition Report,

October 16, 2023

News·Power

NERC Unveils Power Outage Reporting App, Begins With Abuja DisCo

As part of efforts to resolve issues of power disruption the Nigerian Electricity Regulatory Commission (NERC), has launched a digital application called the Power Outage Reporting System, which enables consumers to report electricity disruptions to distribution companies. The system is to be

September 12, 2023

Business

NERC Goes After Kaduna Disco, Threatens To Shutdown Firm Over N93.41 billion Debt

The Nigerian Electricity Regulatory Commission (NERC) has issued a notice to Kaduna Electricity Distribution Company (KAEDCO), threatening to cancel the firm’s licence. NERC said it has given the Kaduna Disco 60 days to settle its N93.41 billion debt to Nigerian Bulk Electricity

May 17, 2023

Business

NERC Says No Hike In Electricity Tariffs

The Nigerian Electricity Regulatory Commission (NERC) has claimed that there is no hike in electricity tariffs. The electricity market regulator made this known in a statement titled ‘Notice of Compliance in Respect of the Biannual Review of the Revenue Requirements of Licenses’

May 18, 2022

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NERC - Page 4

NERC Seeks Decentralization Of Electricity Regulation

Nigerian Govt Grants 13 New Power Licences, Boosting Off-Grid, Embedded Generation

NERC Dissolves Kaduna DisCo Board Over ₦110bn Debt, Appoints New Administrator

Power Crisis: NERC Threatens Strict Measures Against DisCos Over Load Rejection

‘Nigeria Needs $2.5bn Investment To Tackle Power Sector Crisis’

Vandalism Accounts For 13% Of Power Accidents, Urgent Measures Required-NERC

Generation Costs Dominated 2022 Nigerian Electricity Tariffs At 49.02% – NERC Report

NERC Unveils Power Outage Reporting App, Begins With Abuja DisCo

NERC Goes After Kaduna Disco, Threatens To Shutdown Firm Over N93.41 billion Debt

NERC Says No Hike In Electricity Tariffs

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