Nigerian Electricity Regulatory Commission (NERC)
8 Apr 2024
The Nigerian Electricity Regulatory Commission (NERC) recently approved an increase in the electricity tariff, particularly for customers under Band A. Customers under Band A are to enjoy 20–24 hours of electricity supply daily, while those under Band B are the ones who get a daily electricity supply of 16–20 hours; Band C is supplied with…
4 Apr 2024
Nigerians are venting their frustration after the Nigerian Electricity Regulatory Commission (NERC) announced an increase in electricity tariffs for customers. The hike, effective April 3, jumps from N68 per kilowatt-hour to N225. NERC’s Vice Chairman, Musiliu Oseni, said only electricity customers in Band A would be affected by the increase. Band A customers are guaranteed…
3 Apr 2024
The Nigerian Electricity Regulatory Commission (NERC) says the increase in tariff will only affect customers enjoying 20 hour power supply across the country. other customers in Bands B, C and D. Mr Mr Musliu Oseni, Vice Chairman, Nigerian Electricity Regulatory Commission (NERC) said this at a press briefing in Abuja on Wednesday. According to him,…
3 Apr 2024
There are indications that President Bola Tinubu will, in the coming days, direct the Nigerian Electricity Regulatory Commission (NERC) to implement the 2024 multi-year tariff order (MYTO), which could raise the current tariffs by close to 200 per cent.
7 Mar 2024
After more than a decade of reforms and continuous repositioning of Nigeria’s electricity sector to attract private investments, the outlook remains positive and bullish