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NIGERIAN ELECTRICITY REGULATORY COMMISSION
The new electricity tariffs introduced by NERC will be effective from April 1, the power distribution companies (DisCos) have disclosed.
FG will bear a financial burden of N544.894 billion in 2020 being the cumulative shortfall in electricity tariffs of the 11 DisCos.
GenCos have agreed to shut down power production and supply over NBET's proposed 0.75% administrative charge and a debt of over N1 trillion.
Senate Committee on Power is making attempts to resolve the rift between the NERC and the DisCos.
Electricity Distribution Companies (DisCos) in Nigeria suffered huge revenue shortfalls in the tune of N1.67 trillion in the past five years.
Nigerian Electricity Regulatory Commission (NERC) hiked the tariff payable by power consumers across the country.
Nigerian Electricity Regulatory Commission (NERC), on Friday, April 5th, 2019, announced that it had issued permits to Meter Asset Providers (MAPs) that were successful in the procurement exercises conducted by Abuja and Jos Discos.