2021 Budget: NERC unable to provide contract sum after requesting N2bn for office partitioning, furnishing
The Nigeria Electricity Regulatory Commission (NERC) on Wednesday said it would require N2 billion in the 2021 budget to partition and furnish its headquarters in Abuja. Mr. James Momoh, the…
Ikeja Electric begins revised service reflective tariff
Ikeja Electric Plc (IE) says it has commenced implementation of the revised Service Reflective Tariff (SRT), as approved by the Nigerian Electricity Regulatory Commission (NERC) effective Nov. 1. The electricity…
40.36 % electricity consumers have been metered — NERC Q1 Report
The Nigerian Electricity Regulatory Commission (NERC)Â on Tuesday said of the 10,477,856 registered electricity customers as at the end of the first quarter of 2020, only 4,231,940 (40.39 per cent)…
EKEDC expects SRT implementation to continue after ongoing talks
Eko Electricity Distribution Company (EKEDC) says it is expecting the implementation of the Service Reflective Tariffs (SRT) to continue after the conclusion of the ongoing talks between the Federal Government…
FG to use VAT proceeds to temporarily subsidize electricity tariffs
The Federal Government on Sunday agreed to provide a tariff relief of 10 naira 20 kobo per kilowatt of electricity for Nigerians for the next three months and also massively…
NERC orders DisCos to from Sept 28Â to Oct 11 revert all charges to existing tariff of Aug 31
The Nigerian Electricity Regulatory Commission(NERC) has ordered the 11 Electricity Distribution Companies (DISCOs) to suspend the Sept. 1 tariff increase for 14 days. The commission’s suspension order of the Multi…
NERC insists no tariff increase from DisCos for customers enjoying under 12 hours electricity dailyÂ
The Nigerian Electricity Regulatory Commission (NERC) on Friday insisted that electricity Distribution Companies (DisCos) must not increase tariffs of customers enjoying less than 12 hours of power supply daily. Mr…
Eko, Ikeja DisCos begin new tariff plan implementation
Eko Electricity Distribution Company (EKEDC) and Ikeja Electricity Distribution Company (IE) have started implementing new Service Reflective Tariff Plan across their franchise areas. The distribution companies made the announcement in…
Estimated billing: Buhari directs nationwide mass metering, approves waiver of import levy on meters
President Muhammadu Buhari has directed the commencement of nationwide mass-metering exercise as part efforts to put an end to estimated and arbitrary billing for electricity. Prof. James Momoh, Chairman, Nigerian…
DisCos advocate CBN funded massive metres roll-out project
Power Distribution Companies (DisCos) have advocated a Central Bank of Nigeria, CBN, funded massive meters roll-out project, to ensure that electricity customers were adequately metered. The DisCos said on Thursday…