Electricity subsidy hits N1.91tn in 11 months
The Federal Government’s electricity subsidy spending has risen to ₦1.91tn in the first 11 months of 2024, according to the Nigerian Electricity…
NERC
Replace old meters for free, NERC orders DisCos
The Nigerian Electricity Regulatory Commission has ordered electricity distribution companies to replace outdated meters for customers at no cost. This was disclosed…
Discos may be liable for power transmission repairs
The Nigerian Electricity Regulatory Commission is considering making power distribution companies responsible for the costs associated with repairing faulty transformers and replacing…
NERC confirms national grid collapse following Jebba transformer explosion
The Nigerian Electricity Regulatory Commission has confirmed the collapse of the national grid, caused by an explosion at a current transformer in…
NERC mandates 398MW embedded power for Discos to boost electricity
The Nigerian Electricity Regulatory Commission has mandated that Distribution Companies procure a minimum of 398MW of embedded generation to improve power supply…
NERC imposes N1.69bn fine on AEDC for overbilling customers
The Nigerian Electricity Regulatory Commission has imposed a fine of N1.69 billion on the Abuja Electricity Distribution Company for overbilling its customers…
Electricity DisCos rake in N150bn revenue in June – NERC
Electricity distribution companies in June 2024 collected N150.86 billion in revenues, achieving an 85.44% collection efficiency rate. This was disclosed in the…
Monthly electricity subsidy surge 151% to N211bn – Report
The electricity subsidy obligation of the Federal Government rose from N252.76bn to N633.30bn in the first quarter of 2024, according to Nigerian…
Nigerians don’t have ‘fundamental right to electricity’ – NERC
The Nigeria Energy Regulatory Commission has stated that energy usage is not a fundamental right that any Nigerian consumer may contest. The…
Lagos court bars IKEDC, NERC from implementing tariff hike
The Federal High Court in Lagos has barred Ikeja Electric Plc and the Nigerian Electricity Regulatory Commission from applying, administering, and/or implementing…
NERC approves N21bn for free meters to Nigerians
The Nigerian Electricity Regulatory Commission has sanctioned a substantial allocation of N21 billion for the eleven electricity Distribution Companies to provide meters…
Halt electricity tariff hike enforcement, Reps tell NERC
The House of Representatives has asked the Nigerian Electricity Regulatory Commission to refrain from introducing a new increment tariff in respect of…