The planned electricity tariffs hike expected to come into effect next Wednesday, yesterday, turned dramatic following a retraction by the Eko Distribution Company.
Unless the Distribution Companies and other stakeholders in the Nigerian Electricity Supply Industry (NESI) address bottlenecks hindering adequate revenue collection, financial discipline introduced...
4 Nov 2020
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.
30 Oct 2020
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…
23 Oct 2020
A move to give Nigerians electricity relief for three months is curiously meretricious. The other day, amid epileptic power supply...
13 Oct 2020
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.
26 Aug 2020
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
7 Jul 2020
The Nigerian Economic Summit Group (NESG), has identified seven pillars needed to create a successful electricity market in the country.
15 Mar 2020
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.
15 Dec 2019
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
20 Nov 2019
Executive Secretary of the Association of Power Generation Companies (APGC), Dr. Joy Ogaji, has said side-lining stakeholders in the Nigerian Electricity Supply Industry...
24 Oct 2019
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,…