Global energy company, Schneider Electric has restated its commitment to employee health and safety in furtherance of Nigeria government’s objectives to address challenges in occupational safety and health (OSH). The leader in energy management and industrial automation gave the commitment when it hosted its annual Safety Day, a reflection of its dedication to promoting workplace…
Monies paid by the Federal Government as electricity subsidies increased to N199.64 billion in December 2024, according to the Nigerian Electricity Regulatory Commission (NERC) data. According to the newly released report, ‘December 2024 Multi-Year Tariff Order,’ electricity subsidies rose by 2.76 per cent to N199.64 billion this month from N194.26 billion in November. NERC explained…
A global leader in energy management and industrial automation, Schneider Electric, has reaffirmed its dedication to driving impactful change in Nigeria. The company gave its commitment during the Nigerian Society of Engineers (NSE) Conference held between November 18 and 20, 2024 The annual conference, which brings together engineers, policymakers, academics, and industry leaders, provided a…
Electricity Distribution Companies (DisCos) in Nigeria has January 1st deadline to to complete ongoing meter upgrade also known as Standard Transfer Specifications (STS) – meters for all their customers, according to power sector regulator, Nigerian Electricity Regulatory Commission (NERC). According to the NERC on its X handle on Tuesday, it gave the ultimatum during the…
The Consumer Advocacy and Empowerment Foundation (CADEF) has unveiled the Distributed Energy Resources (DER) platform—a comprehensive one-stop hub designed to empower Nigerians with the tools and knowledge needed to embrace clean energy solutions, a move to accelerate Nigeria’s transition to renewable energy. This initiative aligns with Nigeria’s Vision 30:30:30, which aims to generate 30,000 megawatts…
The Nigerian Electricity Regulatory Commission (NERC) has issued a stern warning to electricity Distribution Companies (DisCos) over the reported directive asking customers to pay for the replacement of faulty and obsolete meters. In a statement via its official X handle yesterday, NERC emphasised that such instruction “contravenes the Commission’s Order No. NERC/246/2021, Structured Replacement of…
Issues that led to the blockage of Shell’s bid to sell off its asset for up to $2.4 billion to Renaissance consortium, comprising five companies by upstream oil regulator, Nigerian Upstream Petroleum Regulatory Commission (NUPRC) would soon be resolved, according to Presidency source. The two companies could then sit and continue negotiation. NUPRC found some…
The Federal Competition and Consumer Protection Commission (FCCPC) has assured Nigerian consumers that their rights will be safeguarded during the upcoming phase-out of Unistar prepaid meters by Ikeja Electric Plc and other electricity distribution companies (DisCos). The transition, scheduled to take effect on November 14, 2024, has raised concerns about replacement costs and the potential…
Minister of Power, Chief Adebayo Adelabu has summoned the leadership of the Nigeria Electricity Regulatory Commission (NERC) and the Transmission company of Nigeria (TCN) to an emergency meeting over persistent collapse of the national grid. Aelabu expressed displeasure at the incident, which he said, was capable of rubbishing the giant strides made in the last…
