The Nigerian Electricity Regulatory Commission (NERC) has completed the transfer of regulatory oversight to four states.
Browsing: NERC
The Government of Niger State complied with the conditions precedent in the laws, duly notified NERC, and requested the transfer of regulatory oversight for the intrastate electricity market in the state,” the statement read.
As frustration mounts following Nigeria’s continued electricity crisis, which has left millions of citizens, especially in the Southeast, Northwest, and…
The Nigerian Electricity Regulatory Commission (NERC) has disclosed that the Federal Government incurred an electricity subsidy obligation of ₦380bn in the second quarter (Q2) of 2024.
Nigerian Electricity Distribution Companies (DisCos) recorded the sum of N431.16 billion as revenues from customers in Q2 2024, reflecting a collection…
Metering electricity customers across the country has remained a challenge, as the number of unmetered customers has risen to 7.3 million. The latest figures released by the Nigerian Electricity Regulatory Commission (NERC) show that out of over 13.16 million registered customers, the electricity distribution companies (DisCos) have been able to meter only 672,539 customers.
The Nigerian Electricity Regulatory Commission’s (NERC) move to deregulate Meter Asset Providers (MAP) was hailed as a potential solution to the country’s persistent metering gap.
Under thenew directive by NERC, DisCos are now required to establish direct contracts with power Generation Companies GenCos, bypassing the government-owned Nigerian Bulk Electricity Trading Company (NBET).
The Nigeria Electricity Regulatory Commission (NERC) reports that in the first quarter of the year, Nigeria’s total electricity generation dropped…
The Nigerian Electricity Regulatory Commission (NERC)has threatened sanctions against electricity distribution companies or DisCos if they failed to take up at least 95 per cent of the total monthly energy allocated for distribution.