Desirous of enhancing energy security and economic growth, the Chief Executive, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Saidu Aliyu Mohammed, alongside members of his management team, has paid a courtesy visit to the Nigerian Electricity Regulatory Commission (NERC) in Abuja. According to a post on the X, formerly Twitter, handle of the…
Enugu Electricity Distribution Company (EEDC) has said implementing the Band A customers tariff that was reduced from N209.50/kWh to N160.40/kWh, will cause N1 billion losses monthly. This was contained in a public announcement, Mainpower Electricity Distribution Limited (MEDL) management issued yesterday. “EEDC concluded that implementing it would result in a monthly loss of over N1…
Nigeria’s Power Generation Companies (GenCos) has threatened shutdown of operations due Federal Government’s failure to settle over N4 trillion invoices. This was contained in a press statement the GenCos Board of Trustees (BoT), Chairman, Col Sani Bello (rtd) issued in Abuja. The statement said the GenCos are constrained to issue the press release to “draw…
The Nigerian Electricity Regulatory Commission (NERC) has issued an amended Order detailing new threshold of penalties for customers and Distribution Companies (DIsCos) on “Unauthorised Access, Meter Tampering, and By-Pass.” In a statement, the Amended Order, which replaces Order No: NERC/REG/41/2017, became effective since January 22, 2025. This amendment, the regulator said, “aligns with the Electricity…
The Nigeria Labour Congress (NLC) has upbraided the Minister of Power, Adebayo Adelabu, for earmarking N8 billion in the 2025 federal budget to sensitise Nigerians on the need to pay electricity bills. The NLC’s position was conveyed in a statement signed by its President, Comrade Joe Ajaero in Abuja. The Federal Ministry of Power had…
The Nigerian Electricity Regulatory Commission (NERC) has completed the transfer of regulatory oversight to four states The states are Enugu, Ekiti, Ondo, and Imo that are now fully in charge of the regulation of their electricity markets. NERC made this known in its X handle yesterday, noting it has begun the transfer of regulatory oversight…
Aba Power offers the lowest electricity tariff among Nigeria’s 12 electricity distribution companies (DisCos) despite the recent 50 per cent tariff increase approved by the Nigerian Electricity Regulatory Commission (NERC), effective January 1, 2025. This was confirmed in a statement by the South-Eastern Zone of the Electricity Consumers Association of Nigeria (ECAN) following its New…
Aba Power Limited Electric (APLE) has announced over 50 per cent tariff hike for its customers. This decision followed the Nigerian Electricity Regulatory Commission (NERC) approval for the power company based in Southeast Nigeria. The electricity Distribution Companies (DisCo) operates a ring- fenced area in Aba, Abia State. The company disclosed this in a notice…
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…
