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 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...
NERC has blamed the latest national grid collapse, the third in a week, on a transformer explosion at the Jebba Transmission Station. The incident triggered a nationwide blackout, and efforts to restore power are ongoing. NERC plans to conduct a public hearing to address recurring grid failures...
Ikeja DisCo announces a significant tariff reduction for Band A electricity consumers to N206.80/kwh, effective May 6, 2024. NERC approved the adjustment from the earlier N225/kwh. This move impacts energy affordability and subsidy reduction, aligning with the government's economic realignment...
Before the Senate Committee on Power, Minister of Power, Adebayo Adelabu, delivered a stark ultimatum: unless the proposed electricity tariff hike is implemented, Nigeria will plunge into darkness within the next three months. Adelabu's dire warning sent shockwaves across the nation, amplifying...
In an exclusive interview on Channels Television's Politics Today program, Minister of Power, Adebayo Adelabu, disclosed that the Federal Government (FG) is persisting with electricity subsidy payments despite the recent tariff hike for Band A consumers. The revelation sheds light on the complex...
Nigerians have largely rejected Minister Adebayo Adelabu's apology for his recent remarks about electricity consumption habits. Speaking on Channels Television's Politics Today, Adelabu expressed regret for any offense caused by his comments, emphasizing that his intention was not to insult...
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...
In a bold stance against the recent surge in electricity tariff, Senator Ali Ndume, the chief whip of the Nigerian Senate, has vehemently opposed the decision by the Nigerian Electricity Regulatory Commission (NERC) to increase electricity rates for consumers under the B and A classification...
The Federal Government is considering further increases in electricity tariffs as part of a broader plan to phase out electricity subsidies nationwide. Minister of Power, Adebayo Adelabu, revealed this development during a briefing in Abuja.
This announcement follows closely on the heels of...
Former federal lawmakers, Senator Andrew Uchendu and Honourable Dachung Bagos, have criticized the Federal Government's decision to reduce electricity subsidies, deeming the timing inappropriate.
The Nigerian Electricity Regulatory Commission (NERC) recently announced a tariff increase for Band...
Numerous complaints have flooded social media following NERC's listing of consumers under Band A for increased electricity tariffs. Residents from areas like Ago and Ejigbo-Egbe in Lagos expressed disbelief, claiming they never experienced the promised 20 hours of electricity per day. Twitter...
Amidst the recent approval of an electricity tariff adjustment by the Nigerian Electricity Regulatory Commission (NERC), Ikeja Electricity Distribution Company (Ikeja Electric) has unveiled data disclosing 41 areas in Lagos categorized under band 'A'.
These areas, representing a subset of...
The government has announced a substantial reduction in monthly electricity subsidy expenses. This decision comes in the wake of a recent tariff hike aimed at aligning electricity tariffs with the actual cost of power generation and distribution.
According to official sources, the revision in...
The Nigeria Labour Congress (NLC) and several civil society organizations (CSOs) have expressed strong opposition to the recent electricity tariff hike approved by the Nigerian Electricity Regulatory Commission (NERC).
The tariff increment, which sees a significant rise from N68 per kilowatt...
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...
The federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has granted 13 new licenses for off-grid and embedded power generation, independent electricity distribution, and electricity trading. The licenses, totaling 40.9 megawatts in cumulative capacity, were issued...
The Nigerian Electricity Regulatory Commission (NERC) has given its nod to an increase in prepaid electricity meter prices, aiming to balance costs for both Meter Asset Providers (MAPs) and end-users. According to a circular dated September 5, 2023, signed by NERC's Chairman, Sanusi Garba, and...
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