Tag: Nigerian Electricity Regulatory Commission

Nigerians to enjoy improved power supply from July 1 – NERC

Aminu Imam

The Chairman, Nigerian Electricity Regulatory Commission, (NERC), Sanusi Garba, says Nigerians will witness improved power supply from July 1, following renewed efforts by industry stakeholders. Garba gave the assurance at an interactive session with newsmen after the Second Nigerian Electricity Supply Industry (NESI) meeting yesterday, in Lagos. The meeting was attended by top officials of NERC, Transmission Company of Nigeria, (TCN), Generation Companies (GenCos) as well electricity Distribution Companies (DisCos). He said the NERC had facilitated a contractual agreement between the Gencos, TCN and the 11 DisCos that would guarantee…

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Electricity: FG hikes prices of prepaid meters

Aminu Imam

The Federal Government has raised the cost of both single-phase and three-phase electricity meters beginning from November 15, 2021. This was announced yesterday, via a circular issued by the Nigerian Electricity Regulatory Commission, (NERC), dated November 11, 2021, and addressed to Managing Directors, all electricity distribution companies, (DisCos) and all meter asset providers. The circular was entitled: ‘Review of the unit price of end-use meters under the Meter Asset Provider and National Mass Metering Regulations’. In the document, the regulator raised the price of a single-phase meter from the current…

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Just In! FG increases prices of electricity meters

Aminu Imam

The Federal Government has raised the cost of both single-phase and three-phase electricity meters beginning from November 15, 2021. It announced this in a circular dated November 11, 2021, issued by the Nigerian Electricity Regulatory Commission, (NERC), and addressed to managing directors, all electricity distribution companies and all meter asset providers. The circular was entitled: ‘Review of the unit price of end-use meters under the Meter Asset Provider and National Mass Metering Regulations’. In the document, the regulator raised the price of a single-phase meter from the current cost of…

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‘Over 1million  electricity consumers have received prepaid meters’ – NERC

Aminu Imam

The Nigerian Electricity Regulatory Commission, (NERC), says 1,092,399 customers have been metered by electricity distribution companies (DisCos) under the Meter Asset Provider (MAP) scheme and the National Mass Metering Programme (NMMP). The agency disclosed this in its reply to a Freedom of Information, (FOI), application by an electricity consumer group that requested data on the number of meters distributed by the DisCos under both programmes. The All Electricity Consumers Protection Forum (AECPF) had asked NERC to provide data on the number of meters distributed so far by the DisCos under…

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Electricity tariff set to rise again in July as NERC concludes review

Aminu Imam

The Nigerian Electricity Regulatory Commission, (NERC) says it will introduce another tariff review for the 11 distribution companies (DisCos) in the country. The NERC, which is the regulator of the nation’s power sector, made this known yesterday, in a notice to the general public and industry stakeholders posted on its website. According to the Commission, it is concluding the ‘Extraordinary Tariff Review’ process for the 11 DisCos. The NERC said the review was according to the provisions of the Electric Power Sector Reform Act (EPSRA), adding that it would also…

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Again, FG hikes electricity tariffs

Aminu Imam

The Federal Government has, again increased electricity tariffs, this time by about 50 percent, despite the severe blackouts and power outages in the country. Announcing the development in an order copied all the Power Distribution companies (Discos), the Nigerian Electricity Regulatory Commission (NERC) said it was embarking on the hike considering the changes in inflation rate, foreign exchange, generation capacity and gas prices, among others. The latest increase comes about four months after the last one, which was sternly but unsuccessfully opposed by organised labour, prompting a temporary suspension, which…

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Consumers to get refund for meter payment, says NERC

Aminu Imam

The Federal Government has said that electricity consumers who paid for meters under the Meter Asset Provider (MAP) scheme, will have a refund of their money. This disclosure was made by the Nigerian Electricity Regulatory Commission (NERC), in an email statement, through its Head Public Affairs, Michael Faloseyi, on Wednesday. This clarification is coming on the heels of  the recent government’s pronouncement that 6 million meters would be distributed at no cost to customers under the National Mass Metering Programme (NMMP). The Commission said, “All customers who made payment for…

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