As frustration mounts following Nigeria’s continued electricity crisis, which has left millions of citizens, especially in the Southeast, Northwest, and…
Browsing: NERC
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.
“We regret to inform you that the power outage being experienced in our franchise states is due to System Collapse of the National Grid. The collapse occurred at about 3:10 pm, hence the loss of supply on all our outgoing feeders.
“Dear esteemed customers, Please be informed that there is an upward tariff review for our Band A feeders from N206.80/kWh to N209.5/kwh effective 1st July 2024. The guaranteed availability of a minimum of 20 hrs per day still stands.