Tag: Nigerian Electricity Regulatory Commission

Just In: Nigerian Government suspends hike in electricity tariffs till end of January

The Nigerian Electricity Regulatory Commission, NERC, has been directed to suspend the planned bi-annual adjustment in electricity tariff until the joint ad-hoc Committee concludes their discussion by the end of January. The directive was contained in a statement by the Minister of Power, Sale Mamman, on Thursday. NERC had on[Read More…]

Nigerians to pay more for electricity from April – NERC says

The Nigerian Electricity Regulatory Commission has said the electricity tariffs being paid by consumers will increase in April this year. NERC disclosed this in its ‘December 2019 Minor Review of Multi-Year Tariff Order 2015 and Minimum Remittance Order for the Year 2020,’ which was dated December 31, 2019. It said[Read More…]

Senate Rejects Buhari’s Nominee For NERC Chairman

The Nigerian Senate on Tuesday confirmed the nomination of six members for the board of the Nigerian Electricity Regulatory Commission. The Senate however, refused to confirm Akintunde Akinwande, the nominee of President Muhammadu Buhari for the chairmanship position of the Nigerian Electricity Regulatory Commission (NERC). Citing Akinwande’s failure to appear before[Read More…]

In Nigeria, Electricity Generation Improves To 4,285 Megawatts For A Nation of 160Million People

The Transmission Company of Nigeria, TCN, has said that the country’s power generation has increased from 3,810 megawatts recorded on September 8, 2016 to 4,285.90 megawatts on Friday. The News Agency of Nigeria reports that the power generation record was reported in the website of “Nigerian Electricity System Operator’’ on[Read More…]

NERC Says Power Supply In Nigeria Drops Below 2,800mw Nationwide

The Nigerian Electricity Regulatory Commission (NERC) has said that power supply through the national grid which peaked to 5000mw in past two weeks had dropped below 2,800mw due to vandalism. Dr. Anthony Akah, the Acting Chief Executive Officer of the commission disclosed this while signing a Memorandum of Understanding with[Read More…]

Just In: NERC Hikes Electricity Tariffs, Scraps Fixed Charges

The Nigerian Electricity Regulatory Commission has finally released the new power tariff regime, in which it outlined the various rates of increase in energy charges for consumers across the country. It also announced the removal fixed electricity charges for all classes of electricity consumers and noted that power users would[Read More…]

NERC Denies Appropriating N2.7bn For Retiring Commissioners

The Nigerian Electricity Regulatory Commission (NERC) on Tuesday denied that it has appropriated about N2.7 billion as retirement benefits to its Commissioners who are due to retire from its service in December. It said in a statement that contrary to a media report that it put aside such sums to[Read More…]

7 NERC Officials To Take Home N2.7billion, They Also Get Electricity Allowance, TUC Wants Them Probed

The Trade Union Congress, TUC, of Nigeria on Monday called on the two anti-graft agencies in the country, to investigate alleged allocation of N2.7 billion to board members of the Nigerian Electricity Regulatory Commission (NERC). The TUC called on the Economic and Financial Crimes Commission, EFCC, and the Independent Corrupt[Read More…]

Electricity Consumers Shouldn’t Pay For Transformers, Meters, Senate Tells NERC

The Senate, on Tuesday, directed the Nigerian Electricity Regulatory Commission (NERC) to mandate electricity distribution companies (DISCOs) in the country to discontinue the practice of making consumers pay for meters, poles and transformers. These, which by law, the Senators noted, are properties of the DISCOs, adding that where the consumers[Read More…]

NERC Moves To Protect Exploitation Of Un-metered Nigerians

by Tahiru Sherriff A consultative session organized by the Nigerian Electricity Regulatory Commission (NERC) is according to Dr. Sam Amadi a first step in a series of moves aimed at developing a sector wide policy on the maximum monthly bill for electricity customers without meters. While speaking to during the[Read More…]