Nigerian Electricity Regulatory Commission (NERC)
24 Dec
International customers enjoying electricity from Nigeria in Niger, Togo and the Benin Republic owe Nigeria the sum of $5.7 million for electricity supply. The Nigerian Electricity Regulatory Commission (NERC) revealed this in its latest report for the third quarter of 2024. Benin Republic's Paras-SBEE and Transcorp-SBEE, Mainstream-NIGELEC from Niger and Odukpani-CEET from Togo were listed…
18 Dec
The Nigerian Electricity Regulatory Commission (NERC) has released a new tariff, pegging Band A end-user bill at N209/KWh, the same as it was in July when the commission last effected a change. Although the subsidy in the sector is rising by about N190 billion yearly to end 2024 at N2.3 trillion, NERC's latest supplementary order…
21 Aug 2024
The moribund Ajaokuta Steel Company Limited risks being disconnected from the power grid over its failure to pay the N1.27 billion electricity debt it incurred in the first three months of the year. The Nigerian Electricity Regulatory Commission (NERC) said Ajaokuta Steel Company and the host community did not make any payment towards the…
21 May 2024
Federal Government has confirmed ongoing transfer of electricity regulatory oversight to states. The Minister of Power, Adebayo Adelabu
13 May 2024
The Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) have protested the recent increase in electricity tariff by the Federal Government. The labour unions on Monday morning converged at the entrance of the Jos Electricity Distribution Company (Jos Disco) covering the four franchise states - Bauchi, Benue, Plateau, and Gombe. The organised labour unions…
6 May 2024
The Nigerian Electricity Regulatory Commission (NERC) has revealed why electricity distribution companies (Discos) were ordered to reduce the tariff for Band A feeders. The eleven Discos on Monday announced the reduction of the cost of electricity tariff on Band A feeders from NGN225/kWh to NGN206.8/kWh. The management of NERC in a statement disclosed the reason…
6 May 2024
The Nigerian Electricity Regulatory Commission (NERC) has approved the upgrade of an additional 19 feeders from Band B to Band A for Ikeja Electricity Distribution Company. The management of Ikeja Electric confirmed this development on Monday in a post on its X handle. "Premised on our demonstrated ability to consistently provide a minimum of 20…
4 May 2024
The Nigerian Electricity Regulatory Commission (NERC), has unbundled the Transmission Company of Nigeria (TCN) with the establishment of the Nigerian Independent System Operator of Nigeria Limited (NISO).
30 Apr 2024
The Federal Government (FG) has told Nigerians to accept the new electricity tariff being proposed or face a total blackout. Minister of Power, Adebayo Adelabu, said this on Monday while he also issued a warning that failure to implement the tariff hike will lead to total blackout in Nigeria in the next three months. READ…
15 Apr 2024
The Federal Government’s blanket removal of electricity subsidy on beleaguered Nigerians is not only ill-timed, but it amounts to seeking a simple solution to an endemic problem laced with corruption and inefficiency that the government appears to conveniently overlook.
13 Apr 2024
The Nigerian Electricity Regulatory Commission (NERC) has approved the upgrade of an additional 34 feeders from Band B to Band A for Ikeja Electricity Distribution Company. The Management of Ikeja Electric confirmed this development on Saturday in a statement on its X handle. READ ALSO: List of Lagos areas on Band A to enjoy 20hrs…
12 Apr 2024
In January 2014, a coalition of advocates, including Femi Falana, a Senior Advocate of Nigeria (SAN); Jiti Ogunye and Tokunbo Mumuni, both senior lawyers; and I wrote to the Economic and Financial Crimes Commission (EFCC), inviting it “to investigate the allegations of fraud detailed by the two committees set up by President Goodluck Jonathan in the wake of the 2012 fuel subsidy crisis.” It failed to do so.
Latest
23 mins ago
Elder statesman and Ijaw leader, Chief Edwin Clark, has passed away at the age of 96. His family confirmed his death in a statement signed by his brother, Prof. C. C. Clark, and his son, Penawei Clark, on behalf of the children. “The Clark-Fuludu Bekederemo family of Kiagbodo Town, Delta State, wishes to announce the…
25 mins ago
The United Nations on Tuesday reported deadly clashes in northern South Sudan which killed civilians and left a peacekeeper wounded. The oil-rich but impoverished nation, which only achieved independence in 2011, is plagued by instability with frequent clashes and political infighting. Fighting broke out between the South Sudan People's Defence Forces (SSPSF) and "armed youth"…
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Turkish police have detained 282 suspects in a nationwide swoop on outlawed Kurdish militants, Interior Minister Ali Yerlikaya said on Tuesday. The arrests came amid fresh efforts for peace to end a four-decade conflict. Peace talks, frozen for nearly a decade, began after a hardline nationalist party unexpectedly offered an olive branch to jailed Kurdish…
51 mins ago
A notorious bandit stronghold, known as “Dabar Dan Dari Biyar” in Sakkarawa Forest, western Sabon Birni, has been destroyed, and several bandits were killed in a major operation by troops of ‘Operation FANSAN YANMA’ in collaboration with local vigilantes and community defense groups. Intelligence sources confirmed to security analyst Zagazola Makama that some bandits, including…
56 mins ago
The Ogun State Police Command has issued a warrant for the arrest of controversial singer Habeeb Okikiola, popularly known as Portable, following his involvement in a violent attack on government officials. The incident reportedly occurred on Wednesday, February 5, during an enforcement exercise by Ogun State Ministry of Physical Planning and Urban Development officials. The…
1 hour ago
Trading on the Nigerian Exchange Ltd. (NGX) closed negatively, with investors losing N72.51 billion on Monday. The market capitalisation, which opened at N67.418 trillion, fell by 0.10 per cent to close at N67.345 trillion. Similarly, the NGX All-Share Index (ASI) dropped by 0.10 per cent, settling at 107,937.74 points. The total value of shares traded…
1 hour ago
The Honourable Minister of Arts, Culture, Tourism and Creative Economy, Barrister Hannatu Musawa, has sent an official delegation to Amsterdam for a meeting with the streaming giant- Netflix. The meeting, which is scheduled to be held at Netflix’s corporate headquarters in Amsterdam, aims to discuss the impact of Netflix's recent decision to stop commissioning original…
1 hour ago
The Democratic Republic of Congo on Monday criticised the "inaction" of the UN Security Council in the wake of the M23 armed group seizing the city of Bukavu, according to a letter seen by AFP. Congolese United Nations ambassador Zenon Mukongo Ngay submitted the letter to the Security Council denouncing its inability to rally in…
1 hour ago
Jude Bellingham edged Real Madrid ahead in their Champions League play-off against Manchester City, but then his week swiftly took a turn for the worse. The England international was sent off in the first half as Los Blancos dropped two points in the Spanish title race on Saturday at Osasuna. The midfielder will at least…
1 hour ago
Airtel Nigeria, the country’s second-largest telecommunications operator (Telco), has announced a significant adjustment to its data pricing structure. A check by the News Agency of Nigeria (NAN) using the *312# code and on the Airtel website showed the revised data prices. According to the telco’s website, the revision, which affects various data bundles, is aimed…