Tag Nigerian Electricity Regulatory Commission

NERC Transfers Full Regulatory Oversight to 4 States

  THE Nigerian Electricity Regulatory Commission (NERC) says it has transferred full regulatory oversight function to four states in the country. The commission, which made this known via its official X handle on Tuesday, listed  the four  states as Enugu,…

DisCo Announces 50% Electricity Tariff Hike

An electricity distribution company operating in Nigeria, Aba Power, has announced a significant increase of over 50 per cent in electricity tariffs for its customers in Abia State. Trojaninsights reports that this information was communicated to customers via a notice shared…

NERC Slams AEDC N1.69bn Fine for Overbilling Customers

THE Nigerian Electricity Regulatory Commission, NERC has slammed a N1.69 billion fine on Abuja Electricity Distribution Company for overbilling customers. NERC disclosed this document titled, ‘2024 Supplementary Order to the Multi-Year Tariff Order 2024 for AEDC’, released on its website…

MTN, Others Receive Permits For Electricity Generation

THE Nigerian Electricity Regulatory Commission (NERC) has granted permits to Golden Penny Power Limited, MTN Communications Nigeria Limited, Havenhill Synergy, and several other companies for the generation of electricity through mini-grid systems. In the first quarter of 2024, NERC issued…

FG’s Power Subsidy Hits N633.30bn in Q1 of 2024

THE electricity subsidy obligation of the federal government rose from N252.76 billion in the last quarter of 2023 to N633.30 billion in Q1 of 2024, a report by the Nigerian Electricity Regulatory Commission (NERC) has revealed. The NERC said the…

Nigeria Prioritises Domestic Electricity, Cuts Foreign Supply

IN a bid to address the persistent power shortages plaguing Nigeria, the nation’s electricity regulator, the Nigerian Electricity Regulatory Commission (NERC), has issued a directive to the grid operator to curtail supplies to customers overseas, prioritising domestic needs. NERC’s directive,…