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NERC
News and stories about NERC
The Nigerian Electricity Regulatory Commission (NERC) has postponed the take-off of the new electricity tariff by the Electricity Distribution Companies (DisCos)
The proposed increase in electricity tariff by DisCos has experienced setback with the FCCPC because it will affect unmetered customers.
The NERC said it had repealed the estimated billing methodology regulation, effective February 20th, 2020.
The eleven Distribution Companies in Nigeria have requested to increase their tariff to reflect the operating costs, as NERC stated that such a move is illegal and in line with its Rules.
DisCos in Nigeria have responded to the threat of the Nigerian Electricity Regulatory Commission (NERC) to cancel licences issued to eight firms
The new electricity tariffs introduced by NERC will be effective from April 1, the power distribution companies (DisCos) have disclosed.
FG will bear a financial burden of N544.894 billion in 2020 being the cumulative shortfall in electricity tariffs of the 11 DisCos.
The Federal Government of Nigeria is set to take over Yola Electricity Distribution Company (Yola DisCo).
Senate Committee on Power is making attempts to resolve the rift between the NERC and the DisCos.
Discos in the power sector have mapped out plans to invest N935bn in their networks within five years as calls for their recapitalisation heightens.
Last week, the Nigerian Electricity Regulatory Commission, NERC, announced plans to raise electricity tariffs across the country, starting next year
The NERC has disclosed that DisCos would repay N34.05 billion of the loan disbursed under the Central Bank of Nigeria-Nigeria Electricity Market Stabilisation Facility programme (CBN-NEMSF) before the year runs out.