Tag
NERC
News and stories about NERC
Nigerian Electricity Regulatory Commission (NERC) data reveals that all distribution companies (DisCos) in Nigeria exceeded their allowed targets.
The Manufacturers Association of Nigeria has warned that the new electricity tariff will lead to increased costs of goods to the Nigerian consumer.
NERC has announced that it has scheduled a meeting with all stakeholders in July 2023.
The Energy and Mineral Resources Commissioner for Lagos State, Olalere Odusote, has expressed confidence in the state's ability to implement the 2023 Electricity Act.
As part of the newly signed Electricity Act, distribution companies (DisCos) operating across multiple states in Nigeria will be required to establish subsidiary distribution companies.
In the 2023 Customer Protection Regulations, NERC issues some rules guiding operations in the Nigerian Electricity Supply Industry.
On a year-on-year basis, revenue generated rose by 5.56% from N191.95 billion in Q3 2021.
Former Chairman of NERC, Dr. Sam Amadi has said that state electricity regulation will mean more consumer and operator costs for Nigerians.
NERC said that power distribution companies in Ibadan, Ikeja, and Abuja recorded the highest number of metered customers as of June 30, 2022
If a consumer buys any electricity asset, he/she has to sign an agreement with the DisCos stating when and how they will be refunded the cost
The project makes economic sense for local natural gas players
the total revenue collected by all distribution companies (DisCos) in 2021/Q4 was N210.17 billion out of N303.11 billion billed to customers.