NERC has set a deadline for electricity distribution companies (DisCos) to complete the migration to Standard Transfer Specifications (STS) meters by January 1, 2025. DisCos that fail to meet the deadline will face daily penalties. The move is part of efforts to address faulty metering and...
NERC has directed electricity distribution companies (DisCos) to downgrade Band A customers if they cannot meet the promised 20 hours of power daily. The Commission emphasized that states now have the constitutional right to regulate their electricity markets and handle complaints through a new...
The Nigerian House of Representatives has mandated DisCos to recapitalize with a minimum of N500 billion to address operational inefficiencies and consumer exploitation. The directive aims to ensure financial stability, improved service delivery, and accountability in the power sector while...
The Nigerian Electricity Regulatory Commission (NERC) has directed electricity consumers not to pay for faulty or obsolete meter replacements, as it is the responsibility of distribution companies (DisCos). NERC emphasized strict enforcement of its guidelines to protect consumers and urged...
The Deputy National Organizing Secretary of the APC, Nze Chidi Duru, has urgently appealed to the President Bola Tinubu-led administration to revoke the recent electricity tariff hike, denouncing it as a move against the interests of both the government and the party's electoral fortunes.
Duru...
Electricity distribution companies (DisCos) in Nigeria are facing scrutiny as they fail to meet the mandated power supply requirements for Band A customers, as directed by the Nigerian Electricity Regulatory Commission (NERC).
Following NERC's approval of an electricity tariff increase for...
The recent approval of a 300% electricity tariff hike by the Nigerian Electricity Regulatory Commission (NERC) has sparked widespread debate and concern across the nation. This shift signifies a departure from electricity subsidy in the Nigeria Electricity Supply Industry, impacting primarily...
Electricity tariffs won’t be increased unless DisCos improve operations – Minister – Premium Times NigeriaElectricity tariffs won’t be increased unless DisCos improve operations – Minister – Premium Times Nigeria
Minister of Power, Works and Housing, Mr Babatunde Raji Fashola has charged power distribution companies, DisCos, in the country to improve on their service delivery by getting their employees on the field and interface with electricity consumers with a view to rectifying whatever problems the...
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The National Bureau of Statistics (NBS) yesterday, said that the 11 Distribution Companies (Discos) have metered 3.45 million customers as at end of 2017. The Bureau disclosed this yesterday adding that the number of customers metered represents 46.16 percent of the 7.48 million customers...
The Nigerian Electricity Regulatory Commission, NERC, says it will sanction DISCOs which failed to meter electricity customers in their networks before Feb. 28, 2017.
NERC in a statement on its website and obtained by News Agency Of Nigeria, NAN, in Abuja on Wednesday said that sanctioning...
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