Nigerian Electricity Regulatory Commission (NERC) has ordered electricity distribution companies (DisCos) to reimburse customers who have paid for acquisition of meters under the Meter Assets Provider (MAP) initiative.
Nigeria electricity has collapsed again, as power generation dropped from a peak of 3,594.60 megawatts (MW) at about 1:00a.m. at midnight to a meagre 42.7MW at the point of writing this report. Only Delta Power plant was active on the grid with 41.00MW as at 12 noon today while Afam had 1.7MW . This comes…
Stakeholders have raised concerns about the Nigerian Electricity Regulatory Commission’s (NERC) decision to increase prices of electricity meters, saying it is unlikely to bridge the over seven million metering gap and ensure a stable power supply.
The Nigerian Electricity Regulatory Commission (NERC) on Wednesday announced that there has been an increase in the price of pre-paid electricity meters across the country. The NERC confirmed the increment in a circular dated 5 September 2023 and signed by the commission’s Chairman and Commissioner Legal, Licencing and compliance, Sanusi Garba and Dafe Akpeneye, respectively.…
The Nigerian Electricity Regulatory Commission (NERC) has approved an upward price increase for prepaid electricity meters in the country by 40 percent. The commission announced this in an order released with the number, NERC/2023/020, jointly signed by the commission's Chairman, Sanusi Garba, and its Commissioner, Legal, Licencing and Compliance, Dafe Akpeneye. The commission stated that…
Stakeholders have called on customers to be wary of fraudsters who would take advantage of the prepaid meter update claiming to be from electricity distribution companies (DisCos).
The Nigerian Electricity Regulatory Commission (NERC) has urged users of prepaid meter to update their meters before November 2024. NERC made this announcement in a tweet on its X account on Wednesday, stating that the update will be seamless and without any associated cost. The regulatory commission noted that prepaid meter users might face difficulties…
Calls for auditing and legal action taken against defaulting electricity metre manufacturing firms in the country resonated yesterday as stakeholders queried the bid for a $155 million World Bank loan to import metres as the Federal Government continues in its efforts to bridge the over 8.1million metering gap.
Commissioner in charge of Legal, Licensing and Compliance, the Nigerian Electricity Regulatory Commission (NERC), Dafe Akpeneye, said the commission is ready to partner state governments and other stakeholders in line with the new act....
The Nigerian Electricity Regulatory Commission (NERC) has said that only 53% of the available (electricity) capacity is utilized in the country. The NERC Vice Chairman/Commissioner Market, Competition & Rates, Musiliu O. Oseni disclosed this on Wednesday. Oseni made the disclosure during his address to participants at the NERC's Stakeholder Workshop on the Constitutional Amendment and…
A report by the World Bank, said businesses in Nigeria suffer a yearly loss of $29 billion as a result of unreliable power supply – a development that continues to cripple both private and public investments in the country.