The nation’s electricity market was previously centralised until the presidential assent to the amendment of relevant portions of the Nigerian Constitution last year. The post NERC transfers regulatory oversight of electricity market in Ekiti, Ondo appeared first on Premium Times Nigeria. Powered by WPeMatico
Electricity decentralization: NERC transfers oversight power to ESERB
The Nigerian Electricity Regulatory Commission, NERC, has transferred regulatory oversight of the electricity market in Ekiti State to the Ekiti State Electricity Regulatory Bureau, EERB, amid efforts to decentralise the sector. The transfer was made known by NERC on Tuesday, April 22, 2024, Order No. NERC/2024/042 signed by the Commission’s Chairman, Sanusi Garba, and the […]
NERC transfers regulatory oversight of Enugu Electricity Market to EERC
Following the Enugu State Electricity Law signed by Governor Peter Mbah and the recent constitution of the Enugu State Electricity Regulatory Commission, ESERC, by the Mbah administration, the Nigerian Electricity Regulatory Commission (NERC) has formerly transferred the regulatory oversight of the Enugu State electricity market to the state agency effective May 1, 2024. This is […]
Energy expert advises governors to domesticate electricity Act
N3.2tn electricity subsidy needed – NERC gives reason for tariff hike
The Nigerian Electricity Regulatory Commission, NERC, says the federal government needs to provide N3.2 trillion in subsidies in 2024 to reverse the recent electricity tariff hike. The Nigeria Electricity Regulatory Commission Chairman, Sanusi Garba, said this in Abuja during a Thursday meeting with the House of Representatives Committee on Power. Recall that on April 3, […]
Tariff Hike: AEDC dares NERC, fails to refund wrongly billed customers
Days after the Abuja Electricity Distribution Company, AEDC, was ordered to refund all customers who were wrongly billed amid the recent tariff hike, DAILY POST reports that the Disco has remained adamant. It could be recalled that the Disco had applied the electricity tariff hike meant for Band A on all customers regardless of their […]
Eko Electricity announces additional Band A feeders
Electricity tariff hike: Scrap Bands A, B, C nonsense – Economist, Ayalowo tells Tinubu, NERC
Ayo Ayalowo, a development economist, says President Bola Tinubu’s administration and the Nigerian Electricity Regulatory Commission must jettison the bands A, B, and C because Nigerians are not getting power supply. He said this on Tuesday during an interview on Channels Television monitored by DAILY POST. He noted that increases in energy prices, such as […]
Nigerian govt to re-direct electricity subsidy savings to improve power supply, social services – Minister
The minister emphasised that 85% of the population, which falls under the different categorisations of the new electricity supply regime, still enjoys the subsidy. The post Nigerian govt to re-direct electricity subsidy savings to improve power supply, social services – Minister appeared first on Premium Times Nigeria. Powered by WPeMatico
Tariff hike: Sanction Discos failing to honour service delivery agreement- NSE tells NERC
The Nigerian Society of Engineers, NSE has tasked the Nigerian Electricity Regulatory Commission to impose hefty sanctions on Electricity Distribution Companies failing to honour service delivery agreements. NSE President, Mrs Margaret Oguntala, disclosed this on Monday in a briefing where she reacted to the recent electricity tariff hike. Recall that NERC approved a 240 per […]