THE Nigerian Electricity Regulatory Commission (NERC) has fined eight Electricity Distribution Companies (DisCos) N628, 031,583.94 for non-compliance with capping of estimated bills for unmetered customers. The commission made this known in a statement on its website in Abuja on Thursday. The commission listed the DisCos affected to include: Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, … Read more
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, Ekiti, Ondo, and Imo . It said the states were now fully responsible for overseeing … Read more
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 on the company’s official X account. The increase has been approved by the Nigerian Electricity … Read more
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 on Thursday. This comes after an investigation of AEDC’s billing practices by NERC revealed that … Read more
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 nine new off-grid generation licenses with a combined capacity of 109.69 megawatts and three new … Read more
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 government’s electricity subsidy reached N211.10 billion per month in the first three months of 2024, … Read more
Nigeria’s National grid responsible for electricity supply in the country recorded two system collapses in the first quarter of 2024. The Nigerian Electricity Regulatory Commission disclosed this in its latest Q1,2024 report. The commission said the country’s national grid had one partial collapse and one total collapse in the period under review. According to the … Read more
THE Nigerian Electricity Regulatory Commission (NERC) has disclosed why it has not reverted to the old electricity tariff as directed by the House of Representatives. Trojan News reports that the House of Representatives on Tuesday directed NERC and the electricity distribution companies to reverse the electricity tariff hike imposed on Band ‘A’ customers. Recall that Band A … Read more
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, issued last Friday, aims to alleviate the hardships faced by Nigerians due to erratic power … Read more
THE Nigerian Electricity Regulatory Commission (NERC) has ordered the System Operator (SO) to commence the capping of power supply to cross-border customers in Benin Republic, Niger and Togo, in a bid to increase power availability to Nigerians. Trojan News reports that Nigeria supplies a portion of the electricity it generates to some of its neighbours, including … Read more