Tag: NERC

Electricity tariff hike: NLC, TUC picket DisCos offices nationwide

Aminu Imam
NLC TUC

…Says new tariff capable of destroying Nigeria’s economy Organised Labour, under the umbrella of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) yesterday stormed offices of electricity distribution companies (DisCos) and the Nigeria Electricity Regulatory Commission (NERC) nationwide to protest against the recent hike in electricity tariff. NLC President, Joe Ajaero, who led the protest at NERC s headquarters in Abuja, said Nigerians are currently wallowing in power poverty, given the abysmal low supply of electricity. Recall that the NLC, TUC and their affiliates, vowed to ground…

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NLC, TUC give NERC Sunday deadline to reverse electricity tariff hike

Aminu Imam
NLC TUC

Nigeria Labour Congress (NLC) and its Trade Union Congress of Nigeria (TUC) counterpart have given the Nigerian Electricity Regulatory Commission (NERC) till Sunday, May 12 to withdraw the recent hike in electricity tariff or face unprecedented industrial action. The ultimatum was issued in a joint letter to the Chairman/Chief Executive Officer, CEO, dated May 3, 2024, and copied to the Secretary to the Government of the Federation, (SGF), the Ministers of Labour and Power and the electricity distribution companies, (DisCos), President of NLC and its TUCs counterpart, Joe Ajaero and…

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NERC unbundles TCN, establishes new operator

Aminu Imam
NERC

The Nigerian Electricity Regulatory Commission, (NERC), has restructured the Transmission Company of Nigeria, (TCN), by establishing the Nigerian Independent System Operator of Nigeria Limited, (NISO). This development was announced in an order signed by the  Commission’s Chairman, Sanusi Garba and Vice-Chairman, Muslim Oseni, in Abuja yesterday. This is coming almost four years after the company said it was consulting stakeholders as it moves to implement the unbundling of the TCN into two entities. The company said all market and system operation responsibilities will be transferred from TCN to the newly…

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Court stops NERC, KEDCO from implementing new electricity tariff

Aminu Imam
Court stops ?

A Federal High Court in Kano has issued an order restraining the National Electricity Regulatory Commission (NERC) and the Kano Electricity Distribution Company, (KEDCO), from implementing the new electricity tariff for Band A consumers. The suit was filed by Super Sack Company Limited and BBY Sacks Limited. Others are Mama Sannu Industries Limited, Dala Foods Nigeria Limited, Tofa Textile Limited, and Manufacturers Association Of Nigeria Limited, (MAN). However, ruling on an ex-parte motion by Abubakar Mahmoud, counsel to the plaintiffs, the presiding judge, Abdullahi Liman, ordered  NERC and KEDCO from…

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‘N3.2tr subsidy required to reverse electricity tariff hike’- NERC

Aminu Imam
NERC on tariff

Chairman of the Nigeria Electricity Regulatory Commission, (NERC), Sanusi Garba, yesterday, said the Federal Government of Nigeria will need about N3.2trillion in 2024 to reverse the recent hike in electricity tariff. He added that if a total sectoral overhauling was not carried out, including fluctuation in foreign exchange, power supply in Nigeria would continue to pose a challenge. Speaking in Abuja, at a stakeholders’ meeting convened by the House of Representatives Committee on Power, Garba said that current investment in the sector, though commendable, was not good enough to guarantee…

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FG issues 13 new Power Generation, Distribution licences

Aminu Imam

The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has issued 13 new licences for the generation of off-grid and embedded power, independent electricity distribution, as well as for the trading of electricity. The NERC said the new licences were issued in the third quarter of 2023, as the cumulative quantum of electricity to be generated by the licensees was 40.9 megawatts (MWs). Providing further explanation on the 13 new power generation, distribution and trading licences, the NERC in its report stated that Daybreak Power Solutions Limited received eight…

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NERC debunks Jan. 1 electricity tariffs hike rumours

Aminu Imam

The Nigerian Electricity Regulatory Commission (NERC) has officially dismissed the widespread rumours of an increase in electricity tariffs effective today, January 1st, 2024. Recall that reports emerged yesterday, that Nigerias electricity distribution companies (DisCos) are reportedly planning to hike electricity tariffs nationwide with effect from today, January 1. According to the report, All has been perfected for the new tariff to take effect from the first of January, 2024. Spokesperson of NERC, Usman Abba, categorically denied any approval for such a tariff hike, emphasising that the electricity tariff order currently…

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Electricity: “Well shield consumers from DisCos exploitation” NERC

Aminu Imam

The National Electricity Regulatory Commission, (NERC), has reiterated its commitment to improving service delivery to consumers and end all forms of exploitations through estimated billings. The Commission gave this assurance, while inaugurating the Ado-Ekiti Forum Office , located at Iworoko road, in Ondo State. The NERC Vice-Chairman, Dr. Musiliu Oseni, said metering of homes was of great concern to the commission,adding that the administration of President Bola Tinubu would soon unveil a metering policy that would ensure mass metering of every household in the country by electricity distribution companies. He…

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NERC launches app to monitor electricity tariff

Aminu Imam

The Nigeria Electricity Regulatory Commission, (NERC), has launched an app that aims to monitor the compliance of Electricity Distribution Companies (DisCos) with regulated tariffs. During the launch of the Power Outage Reporting System (PORS) App in Abuja, the chairman of NERC, Sanusi Garba, announced that the Abuja Electricity Distribution Company would serve as a pilot project for the app. He said that the app was designed for cross-working data for the purpose of Supply Based Tariff (SBT). This particular app we are launching today is supposed to assist the commission…

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NERC hikes price of pre-paid meters by 40%

Aminu Imam

The Nigerian Electricity Regulatory Commission, (NERC), has approved an upward price increase for prepaid electricity meters in the country by 40 percent. The Commission, which announced this in an order released, jointly signed by the Commissions Chairman, Sanusi Garba, and its Commissioner, Legal, Licencing and Compliance, Dafe Akpeneye, stated that a single-phase meter would now cost N81, 975.16k from the previous price of N58, 661.69k, while the price of a three-phase meter was raised to N143,836.10k from N109,684.36k. NERC stressed that the increment was to ensure fair and reasonable pricing of…

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