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NERC

News and stories about NERC

Nigeria’s international electricity customers did not make any payment to the Market Operator (MO) out of the $14.19 million electricity bill in the first quarter of 2024. 
In the first quarter of the year, Nigeria’s total electricity generation dropped by 901.94 GWh compared to the previous quarter of Q4, 2023.
The apex regulator of the electricity industry in Nigeria- Nigeria Electricity Regulatory Commission (NERC) has transferred regulatory oversight of the electricity market in Oyo State to the state's Electricity Regulatory Commission (OSERC). 
The Nigeria Electricity Regulatory Commission (NERC) has asked the Nigeria Bulk Electricity Trading (NBET) company to forthwith desist from entering new contracts for the purchase and sale of electricity in the Nigerian Electricity Supply Industry (NESI).  
The Nigerian Electricity Regulatory Commission (NERC) has approved the acquisition of  60% equity stake in Kaduna Electricity Company Pic (Kaduna Electric), by ASI Engineering Limited.  
Some of Nigeria’s electricity distribution companies (DisCos) announced the upward review of electricity tariffs for Band A customers on Wednesday.  
The Nigeria Electricity Regulatory Commission (NERC) has said that  electricity consumption is not a fundamental right that can be challenged by any consumer in Nigeria.
The Hotel owners have cited the recent increase in electricity tariffs as a key factor behind the rising...
The federal government has repeatedly stated its ambition to increase power generation in the national grid from approximately 4,500MW to an unprecedented 6,000MW by the end of 2024.  
The Nigerian Electricity Regulatory Commission (NERC) announced on Friday, June 21, the approval of N21 billion for the eleven electricity Distribution Companies (DisCos) to provide meters for end-use customers at zero cost.
The Eko Electricity Distribution Company (EKEDC) has announced the upgrade and downgrade of certain locations under its territory from Band B to Band A and vice versa.  
The thirty-six State governors of Nigeria have recommended the phasing out of electricity subsidy in the country to ensure liquidity in the power sector.