Tag

NERC

News and stories about NERC

The Nigerian Electricity Regulatory Commission (NERC) has introduced an addendum to its Order on Performance Monitoring Framework for Electricity Distribution Companies (DisCos), aimed at enhancing operational efficiency and accountability.  
The Constitution Federal Republic of Nigeria (CFRN) through the Nigerian Electricity Regulatory Commission (NERC) has issued an order transferring regulatory oversight of the electricity market in Ogun State to the Ogun State Electricity Regulatory Commission (OGERC). 
The Nigerian Electricity Regulatory Commission (NERC) has reported a decline in the revenue collection efficiency of Distribution Companies (DisCos) for the third quarter of 2024.
The average electricity generation capacity in Nigeria witnessed a significant improvement in the third quarter of 2024, as reported in the latest data by the Nigeria Electricity Regulatory Commission (NERC) in its Q3 2024 report released on Friday 
The Federal Government has recorded significant progress in Nigeria's electricity sector with the installation of 184,507 new meters and the issuance of 50 licences, permits, and certifications during the third quarter of 2024 (Q3).  
The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has announced the transfer of regulatory oversight of the electricity market in Lagos State to the newly established Lagos State Electricity Regulatory Commission (LASERC).  
The Nigerian Electricity Regulatory Commission (NERC) has announced its formal adoption of the African Forum for Utility Regulators (AFUR) mini-grid Tariff Tool,  “to ensure fair and efficient pricing”. 
The Nigerian Electricity Regulatory Commission (NERC) has asked electricity distribution companies (DisCos) to ensure Band A customers receive the required 20 hours of daily power supply. 
The Nigerian Electricity Regulatory Commission (NERC) has directed distribution companies (DisCos) to replace obsolete meters for their customers at no cost.  
The Federal Competition and Consumer Protection Commission (FCCPC) on Tuesday ordered Ikeja Electricity Distribution Company (IKEDC) and Eko Electricity Distribution Company (EKEDP) to immediately halt the replacement of Unistar prepaid meters due to their non-compliance with directives from the Nigerian Electricity Regulatory Commission (NERC). 
Electricity distribution companies across Nigeria collected N168.7 billion in revenues in August 2024, achieving a collection efficiency rate of 80.91%.  
The Nigerian Electricity Regulatory Commission (NERC) has confirmed the collapse of the national grid, attributing the incident to an explosion of a nearby transformer, which caused the shutdown of the grid system.