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NERC
News and stories about NERC
Electricity Tariff: NERC orders all DisCos to set up portal for customers to check their Band status
The Nigerian Electricity Regulatory Commission (NERC) has directed all eleven DisCos in the country to create an online portal for their customers to access their Band category status.
The Minister of Power, Adebayo Adelabu, has said that prior to the introduction of the upwardly revised electricity tariff the federal was subsidizing about 67% of the power sector, which was expected to amount to N2.9 trillion by the end of 2024.
The Nigerian Electricity Regulatory Commission (NERC) has imposed a fine of N200 million on Abuja Electricity Distribution Company (AEDC) for wrongful billing of customers following a recent hike in electricity tariffs.
The Nigerian Electricity Regulatory Commission (NERC) has applied an exchange rate of N1463.3/$ in calculating the new electricity tariff for Band A consumers in the recent electricity tariff review.
The Minority Caucus in the House of Representatives has labeled the increase in electricity tariffs by the Nigerian Electricity Regulatory Commission (NERC) as insensitive, inhuman, and absolutely unnecessary.
The Nigerian government’s move to revise electricity tariffs is set to deliver a 52% cut in monthly subsidy expenses.
Nigerians have expressed their concerns over the government's approval conveyed by the Nigerian Electricity Regulatory Commission (NERC), of an increase in electricity rates for consumers falling under Band A, citizens have expressed their concerns regarding the announcement.
The Nigerian Electricity Regulatory Commission (NERC) has stated that the newly approved electricity tariff is anticipated to cut down the subsidy for the fiscal year 2024 by approximately N1.14 trillion.
The federal government, through the Nigerian Electricity Regulatory Commission (NERC), has approved a hike in the electricity rates for consumers categorized under Band A.
The federal government is planning an almost 300% increase in electricity tariffs in the coming weeks in a bid to attract investment into the sector according to reports from Bloomberg.
The Transmission Company of Nigeria has announced the successful restoration of the national power grid, attributing the disturbance to limitations in the supply of gas.
The board of Eko Electricity Distribution Company has relieved its Managing Director/Chief Eexcutive Officer, Dr. Tinuade Sanda, of her duties as MD/CEO of the company.