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Tag : Nigerian Electricity Regulatory Commission

Business

NERC begins review of Discos’ responses to queries on capping order

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The Nigerian Electricity Regulatory Commission (NERC) said Tuesday that it is reviewing the responses of some power distribution companies (Discos) to its queries on the...
Business

Senator Suswam identifies problem with power sector

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File Photo The lack of quality data is the basic and most fundamental problem in the Nigerian power sector, the Chairman of the Senate Committee...
Business

Tariff hike: Electricity consumer group says National Assembly intervention timely

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A group, All Electricity Consumers Protection Forum, on Thursday commended the National Assembly for playing a pivotal role in halting the increment in tariffs by...
Business

DisCos: Why National Assembly suspended electricity tariff increase

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The call for the suspension of the proposed service reflective tariff was initiated by the National Assembly on Monday due to their concerns on its...
Business

Tariff hike: NERC’s silence won’t stop implementation July 1 – DISCOs

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The Electricity Distribution Companies, DISCOs, said yesterday that they have resolved to continue with the implementation of the upward review of the electricity tariff slated...
Business

NERC cannot deny involvement in new tariff increase – DisCos

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The Electricity Distribution Companies (DisCos) have decried the recent attempt by their regulatory body, the Nigerian Electricity Regulatory Commission (NERC), to distance itself from the...
Business

Kaduna Electric coy customers to pay more from July 1

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File Photo The Management of Kaduna Electric on Thursday said that a newly approved electricity tariff regime would take off on July 1, 2020. The...
Business

Meter manufacturer urges Nigerian government to grant sector ‘special’ forex regime

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Sabrud Consortium, an indigenous electricity prepaid metre manufacturing firm, has urged the Federal Government to grant special forex regime to the sector. It also applauded...
Business

President Buhari reconstitutes NBET board

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President Muhammadu Buhari has reconstituted the Board of Directors of the Nigeria Bulk Electricity Trading Company Plc (NBET). The Federal Ministry of Finance, Budget and...