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NERC
News and stories about NERC
The Federal Competition and Consumer Protection Commission (FCCPC) has expressed support for the decision of the Nigerian Electricity...
The Nigerian Electricity Regulatory Commission, NERC, has issued a fine of N10.5 billion to be paid by all eleven Electricity Distribution Companies (DisCos) for their non-compliance with the mandated capping of estimated billing for unmetered customers across the country.
NERC has mandated eleven (11) electricity distribution companies to spend a total of N275 billion on electricity meters between 2024 and 2027.
Mr. Sanusi Garba, announced on Wednesday during a press conference in Abuja that the Federal Government remains committed to subsidizing electricity to alleviate the financial challenges faced by Nigerians due to economic difficulties in the country.
At least 126 electricity-related accidents were recorded between January to September 2023, according to an analysis of the quarterly reports released by NERC.
Nigeria recorded a 5.20% increase in hydropower supply in Q3/2023. This is according to data from the Nigerian Electricity Regulatory Commission (NERC).
DisCos average energy offtake rose by a mere 0.08% in Q3/2023.
According to NERC, many estimated billing customers are not aware that there is a regulation that requires them to inform their DisCo when they will not be around so that their billing can be halted during that period of their absence as their electricity is not in use.
Vandalism caused 13% of power-related accidents between Q1 and Q3 of 2023. This is according to the Nigerian Electricity Regulatory Commission (NERC).
During the second quarter of 2023, the Nigerian Electricity Regulatory Commission (NERC) issued some licenses and permits to several entities.
The Nigerian Electricity Regulatory Commission (NERC) has said that it made ₦5.63 billion as revenue and had an expenditure of ₦2.46 billion in the second quarter of 2023.
The Federal Government in Q2 2023, paid a total of ₦135.23bn for electricity subsidy, a 275%q/q increase from...