LAGOS MARCH 2ND (NEWSRANGERS)-According to the regulator of electricity(Nigerian Electricity Regulatory Commission) about 52% of over 10 million electricity customers population in Nigeria as at 2019 received estimated bills and do not have meters. Note, customers population rose from 5 million in 2012. As expected electricity customers protested and complained to Nigeria Electricity Regulatory Commission…
LAGOS FEBRUARY 27TH (NEWSRANGERS)-Amidst sustained outrages on over billing, the Nigerian Electricity Regulatory Commission (NERC) has barred the 11 Distribution Companies (DisCos) from charging residential customers above an average of N1,800 monthly until they are metered. In an Order 197 signed by the Chairman, Prof. James Momoh and the Commissioner, Legal, Licencing & Compliance, Dafe…
LAGOS JANUARY 6TH (NEWSRANGERS)-The Nigerian Electricity Regulatory Commission (NERC) on Sunday said no tariff increase was approved by the commission. It was reported that President Muhammadu Buhari-led Federal Government through the Nigerian Electricity Regulatory Commission, NERC, approved an increase in electricity tariff by the Electricity Distribution Companies, DisCos, in the country. The directive of the…
LAGOS JANUARY 6TH (NEWSANGRS)-ELECTRICITY tariff is going up across the country, and this is official. The 11 electricity distribution companies (DisCos) have the mandate of the Nigerian Electricity Regulatory Commission (NERC) to effect the tariff increase from April. These are: Abuja Electricity Distribution Company, Benin Electricity Distribution Company, Enugu Electricity Distribution Company, Eko Electricity Distribution…
LAGOS JANUARY 4TH (NEWSRANGERS)-The Nigerian Electricity Regulatory Commission has said the electricity tariffs being paid by consumers will increase in April this year. NERC disclosed this in its ‘December 2019 Minor Review of Multi-Year Tariff Order 2015 and Minimum Remittance Order for the Year 2020,’ which was dated December 31, 2019. It said the order,…
LAGOS OCTOBER 9TH (NEWSRANGERS)-The National Electricity Regulatory Commission (NERC) has disclosed the federal government’s intention to cancel the operational licences of eight power distribution companies over alleged breached of some provisions of the Electric Power Sector Reform Act in July 2019. The Commission listed the eight power firms to include Abuja, Benin, Enugu and Ikeja…
LAGOS AUGUST 22ND (NEWSRANGERS)-The Federal Government through the Nigerian Electricity Regulatory Commission has increased the tariff payable by power consumers across the country. Findings from various documents obtained from the NERC on Wednesday in Abuja showed that beginning from next year, power consumers will have to pay an additional sum of between N8 and N14…