NERC
1 day ago
The Nigerian Electricity Regulatory Commission (NERC), produced a tariff for Nigeria, and the Federal Government, FGN, approved it for implementation, begun on April 4, 2024 when across the country, NERC approved the tariff only for Band A customers
2 days ago
Fourteen years after targeting to improve reserves to about 40 billion barrels, the Nigerian Upstream Petroleum Regulatory Commission (NERC), has said that the country’s oil reserve remains at 37.5 billion barrels.
4 days ago
With this increase, government is trying to tell Nigerians they are putting subsidy on electricity. I’m not saying there is no subsidy, but government has not come out to tell us the actual unit of electricity they are subsidising.
13 Apr
The Nigerian Electricity Regulatory Commission (NERC) has approved the upgrade of an additional 34 feeders from Band B to Band A for Ikeja Electricity Distribution Company in Lagos State. NERC last week approved an increase in the electricity tariff for customers under the Band A classification. READ ALSO: List of Lagos areas on Band A…
12 Apr
Minister of Power, Adebayo Adelabu, has apologised to Nigerians for saying they keep their freezers on for days due to low electricity tariffs. On April 4, 2024, Adelabu told journalists in Abuja that Nigerians lack the culture of electricity consumption management due to “cheap” electricity supply. He made the statement after the government announced an…
10 Apr
Nigeria, recently, began the process of implementing gradual increases in the end-user tariff for electricity to move towards a liberalised market, where the Federal Government no longer bears the burden of tariff shortfall
10 Apr
Following the recent increment in electricity tariff, the Coalition for Affordable and Regular Electricity (CARE) has expressed the need to re-nationalise the power sector
8 Apr
Chief Executive Officer, De-Haryor Global Services Limited, Ashade Olatunbosun, has said that increased metering of households, businesses and other customers will enhance investment and growth in Nigeria’s power sector.
8 Apr
Amid growing opposition to the recent hike in electricity tariff, the Federal Competition and Consumer Protection Commission (FCCPC) has asked the Nigerian Electricity Regulatory Commission (NERC) to mandate distribution companies...
7 Apr
A power expert, Mr Chinedu Bosah, has urged the Federal Government to review the 300 per cent increase in electricity tarifflp recently introduced by the Nigerian Electricity Regulatory Commission.
7 Apr
There are strong indications that the efforts by some state governments to take advantage of the country’s new Electricity Act in generating and distributing power in the country may face daunting hurdles.
6 Apr
The Nigerian Electricity Regulatory Commission (NERC) recently approved an increase in the electricity tariff, particularly for customers under Band A. Customers under Band A are to enjoy 20-24 hours of electricity supply daily, while those under Band B are the ones who get a daily electricity supply of 16-20 hours. READ ALSO: List of Lagos…