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NERC
News and stories about NERC
The Nigeria Electricity Regulatory Commission (NERC) states that meter installation by electricity distribution companies declined by as much as 60.86% in the second quarter of 2024.
A federal high court in Lagos has struck out the case presented by the Manufacturer Association of Nigeria (MAN) against the eleven distribution companies for increasing electricity tariff for Band A customers.
Nigerian Electricity Distribution Companies (DisCos) recorded the sum of N431.16 billion as revenues from customers in Q2 2024, reflecting a collection efficiency of 79.31%.
International bilateral customers from countries such as Niger, Benin and Togo made a total payment of $50.36 million to the Nigerian Electricity Supply Industry (NESI) for electricity distribution in 2023.
Despite a gradual increase in efficiency in bill collection, the debt profile of Nigerian electricity users stands at...
The Nigerian Electricity Regulatory Commission (NERC) has levied a fine of N1.69 billion on the Abuja Electricity Distribution Company (AEDC) for overbilling customers between January to September 2023.
The race to acquire West Power and Gas's (WPG) stake in Eko Distribution Company (Eko DisCo) is approaching its conclusion, as sources reveal that three key bidders remain in contention.
Electricity distribution companies nationwide lost N25.71 billion in revenues due to inefficiency in collection in June 2024.
Electricity distribution companies across the country collected N150.86 billion in revenues in June 2024 representing a collection efficiency rate of 85.44%.
The Association of Nigerian Private Medical Practitioners (ANPMP) has called on the Federal Government to extend its electricity tariff subsidy to private hospitals, requesting a 75%-100% subsidy.
The Nigerian Electricity Regulatory Commission’s (NERC) move to deregulate Meter Asset Providers (MAP) was hailed as the much-needed solution to the country’s persistent metering gap crisis.
The Nigerian Electricity Regulatory Commission's (NERC) recent directive for Distribution Companies (DisCos) to transition away from the single-buyer model contract with energy generation companies (GenCos) has sparked significant controversies in the power sector.