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NERC
News and stories about NERC
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.
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).