THE Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC), have appealed to the Nigerian Electricity Regulatory Commission (NERC) and Power Sector operators, to reverse the increase in electricity tariff within one week. President of the unions, Mr Joe Ajaero and Mr Fetus Osifo made the call on Wednesday in a joint speeche to … Read more
THE Coalition for Affordable and Regular Electricity (CARE) has faulted the recently announced increase in electricity tariff by the Nigerian Electricity Regulatory Commission (NERC). The coalition in a statement by its national coordinator, Comrade Chinedu Bosah, demanded its immediate reversal of the tariff increase and urged the privatisation of the power sector. Titled: “Outrageous Tariff … Read more
THE Nigerian Electricity Regulatory Commission (NERC), alongside other policymakers and actors in the power sector space, must have thought it was a resistance-free, genius idea to raise electricity tariff for only a small segment of Nigerian electricity customers while maintaining a tariff freeze for the vast majority. So, on 3rd April 2024, NERC activated the … Read more
THE Bola Tinubu-led Federal Government has called on Nigerians to expect an increase in electricity tariffs. The Minister of Power, Adebayo Adelabu, made this known while speaking at a press briefing in Abuja on Friday. He said the recent increase in electricity tariff by the Nigerian Electricity Regulatory Commission (NERC) for customers under the Band A … Read more
THE Federal Government, yesterday, issued a marching order, asking the Nigerian Electricity Regulatory Commission, NERC, to withdraw licenses of non-performing electricity distribution companies, DISCOs. This is even as power generation dropped year-on-year, YoY, by 21 per cent to 3,475MW in March 2024, from 4,404MW in the corresponding period of 2023, due to many problems, especially … Read more
THE federal government has announced 13 new licences to generate off-grid, embedded power and independent electricity distribution. The Nigerian Electricity Regulatory Commission disclosed this in a recent sectoral report. It stressed that new licences were issued in the third quarter of 2023 and are expected to generate a cumulative 40.9 megawatts. It said the new … Read more