Tag: NERC
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NERC supports the authority of states to regulate electricity companies
The Nigerian Electricity Regulatory Commission (NERC) has taken a significant step in implementing the new Electricity Act of 2023 by establishing three working groups.
President...
DisCos Mandate Meter Installation for 715k Subscribers to Address 8M Coverage Gap This Year
The Nigerian Electricity Regulatory Commission (NERC) has ordered the country's eleven power distribution providers to supply 715, 000 prepaid electricity meters by 2024.
This comes...
Nigeria to offload Kaduna power distribution firm due to a debt exceeding $130 million
Nigeria's electricity overseer is initiating the sale of the sixth largest power distribution company, Kaduna Electricity Distribution Plc (Kaduna Electric), due to a substantial...
NERC Warns Discos of potential sanctions for rejecting power
The Nigerian Electricity Regulatory Commission (NERC) is worried about power distribution companies (Discos) rejecting electricity loads despite widespread blackouts in Nigeria.
The regulator threatens regulatory...
Knocks Follow FG’s hike of electricity meters price by 40%
The price of single-phase and three-phase pre-paid power meters will increase, the federal government stated on Wednesday. The increase will go effective on September...
