FG denies, agrees 50% hike in electricity tariff
Following the approval for the hike in electricity tariff given by the Nigerian Electricity Regulatory Commission (NERC), as the increase which varies (from N2 to N4), based on different consumer classes, took effect from January 1, 2021, there had been…
FG hikes cost of prepaid meters as Benin, Niger owe N32.1bn to Nigeria
Strong indications emerged yesterday that Nigerians yet to get their electricity prepaid meters will pay more for the access effective from this week as the Nigerian Electricity Regulatory Commission (NERC) has disclosed that a total of N32.1 billion is the…
Heaps of prepaid meter applications rot at Discos—Report
A new report released by Business Hilights Intelligence Unit (BHIU) on Sunday, 22 March 2020, has shown that contrary to the claims of Nigerian Electricity Distribution Companies (Discos) and Association of Nigerian Electricity Distributors’ (ANED) that they have been fastening…
Use your 40% share to meter all Nigerians, Sahara Power Group tells FG
Group Managing Director, Sahara Power Group, operators of the 1,320-Megawatt (MW) Egbin Thermal Plant in Lagos, as well as the Ikeja Electric (IE), Kola Adesina has advised the Federal Government to use its prevailing 40% share in the Disco concession…
NERC cap ambush: Why Discos may rush customers with meter from now
The latest order placing a cap on the range upon which electricity distribution companies (Discos) charge unmetered customers is set to change the sad narrative and neck-cutting monthly tariffs levied on the over 52% of power consumers nationwide. The Nigerian…
Working on tariff hike without rise in power supply nonsense—Dr Amadi
As policy and counter policy directives continue to frustrate the Nigerian power sector, former Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr Sam Amadi has argued that any plan to jerk up tariff without significant improvement in power supplies…
Untimely, inappropriate privatization root of Nigeria energy crisis—Expert
Former Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr Sam Amadi has opened up on the exact root cause of the endless crisis rocking the nation’s electricity sector, saying “We are offering band aid to a mortally sick patient.”…
NERC to sanction Discos intimidating customers to repair infrastructure
The surreptitious act, whereby some Discos lure customers’ especially streets and communities into replacing or contributing money for the upgrade of their failed facilities has been outlawed by the Federal Government. Otherwise, the Nigerian Electricity Regulatory Commission (NERC) has condemned…
Expect electricity tariff hike after criminalisation of estimated billing—NASS
The National Assembly (NASS) weekend introduced fresh angle to the rattling of Nigerians by reactions and counter-reactions of Discos and the Nigerian Electricity Regulatory Commission (NERC) over imminent increase in electricity tariff. The Speaker of the Federal House of Representatives,…
NERC, ANED may clash over programmed delay in metering next month
Whereas new regulation due from Nigerian Electricity Regulatory Commission (NERC) from February is expected to enforce metering for electricity consumers, signals from the umbrella body of electricity distribution companies (DisCos), the Association of Nigerian Electricity Distribution Companies (ANED), indicate lack…
