Consumers lament outrageous billing despite NERC capping
Despite a regulation capping the limit to which distribution companies (DisCos) can charge electricity consumers who are not metered, overbilling in the form of estimated billing has continued.
Over 6m Nigerians unmetered as NERC revenues rise 50%
Despite the Federal Government’s directive on nationwide mass-metering for electricity consumers, over six million users in Nigeria are still on estimated billing. The huge metering gap remains a key challenge in the industry, the Nigerian Electricity Regulatory Commission (NERC), said in its’ first quarter (Q1) 2020 Operational Report on the country’s power sector. The NERC…
Nigerians to enjoy electricity relief for three months
The Federal Government and organised labour are to provide a tariff relief of N10.20 per kilowatt-hour for Nigerians and distribute six million free meters in the next three months.
Nigerians consume N293b electricity in five months
Amid moves by the Central Bank of Nigeria (CBN), to instil discipline in the Nigerian Electricity Supply Industry (NESI), consumers in the first five months of the year consumed about N293 billion worth of electricity
NERC, DisCos playing ping-pong with metering consumers
A German Philosopher, Arthur Schopenhauer once said that suffering by nature, or chance never seems so painful as suffering inflicted by the arbitrary will of another.
Six DisCos may evade NERC’s sanction after complying with remittance directive
The Nigerian Electricity Regulatory Commission (NERC) says six out of eight Power Distribution Companies (DisCos) have complied or substantially complied with the approved minimum remittance
DisCos require N8.7 billion to bridge NERC remittance order
Electricity Distribution Companies (DisCos), yesterday, said about N8.7 billion will be required yearly to comply with the remittance order set by the Nigerian Electricity Regulatory Commission (NERC). Calling the National Assembly to intervene in the current liquidity crisis in the power sector, Executive Director, Research and Advocacy, Association of Nigerian Electricity Distributors (ANED), Sunday Oduntan,…
GenCos tackle NBET over new administrative charge on gas payment
Electrifying generating companies (GenCos) in Nigeria have rejected the new administrative charge of 0.75 per cent introduced by the Nigerian Bulk Electricity Trading Plc (NBET) on cost of payment to gas suppliers.