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NERC fines Abuja DisCo N1.69bn for overbilling customers

The Nigerian Electricity Regulatory Commission has imposed a fine of N1.69bn on Abuja Electricity Di...

September 13, 2024
NERC highlights electricity consumers’ rights, responsibilities

The Nigerian Electricity Regulatory Commission has charged consumers of electricity in the country t...

September 12, 2024
DisCos' Revenue Increases by 40% to N433bn

Revenues earned by electricity Distribution Companies (Discos) in Nigeria in the second quarter of 2...

September 11, 2024
Monthly Power Subsidy Soars by 151% to N211bn
August 1, 2024

The electricity subsidy obligation of the Federal Government rose from N252.76bn to N633.30bn in the...

DisCos Earned N291bn Q1 Amid Power Sector Crisis
July 24, 2024

The electricity distribution companies in Nigeria has managed to generate a revenue of N291.62bn dur...

Six Companies Acquire Licences To Distribute Power
June 30, 2024

The commission explained that the networks were designed to be independent of the main transmission...

NERC Approves 450MW Deal to Prevent Shutdown of Zungeru Plant
June 19, 2024

The Nigerian Electricity Regulatory Commission has given approval for the purchase of 450 megawatts...

FG to Continue Transfer of Electricity Regulatory to States
May 20, 2024

The Minister of Power, Adebayo Adelabu, announced this Monday during a two-day stakeholders workshop...

Nigeria Govt' Suspends Transfer Of Regulatory Oversight To States
May 18, 2024

The Federal Government through the Ministry of Power has suspended the transfer of regulatory oversi...

1.3bn, N1.3trn Power Sector Debts Payment will Encourage Investors- AfDB
May 17, 2024

The Vice President of African Development Bank (AfDB) has said the approval of the payment of $1.3 b...

Manufacturers Spend More on Security Than Taxes- MAN
May 15, 2024

The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, stated th...

Tariff Hike: Protesters Discard NERC Chairman’s Appeal, Insist on Reversal
May 13, 2024

“Comrade Ajaero also made remarks about banks sitting on the boards of distribution companies. The N...

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