The Nigerian Electricity Regulatory Commission has released new guidelines mandating a digitised, transparent, and accountable framework for electricity revenue collection. The new regulatory directive, titled Guidelines on Registration and Engagement of Third-Party Collection Service Providers, was released on Wednesday and signed by the NERC chairman, Sanusi Garba. The new regulatory directive, which takes effect immediately, is anchored on the powers …

Federal Government Announces Major Overhaul of Electricity Distribution Companies, Begins Pilot Scheme with Two DisCos The Federal Government has begun moves to initiate sweeping reforms to revitalise the electricity distribution sector, starting with a pilot overhaul of two underperforming Distribution Companies (DisCos). In a statement on Monday, the Minister of Power ‘s Special Adviser on Strategic Communications and Media Relations, …

The Nigerian Electricity Regulatory Commission (NERC) has sanctioned eight power distribution companies (DisCos) for noncompliance with the capping of estimated bills for unmetered customers. A statement yesterday, NERC indicated that the affected DisCos are Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola. NERC said the companies overbilled customers in violation of energy caps set by the regulator for the …

Angered by the appalling situation of Nigeria’s electricity supply sector over several decades of doing the wrong things by successive governments with no remedy in sight, even after hundreds of billions of public funds had been expended, President Muhammadu Buhari in 2018 chose a different path that had worked in other jurisdictions. He reached out to the then German Chancellor …

About 250 manufacturers and academic institutions have abandoned their respective power distribution companies to generate their own electricity. This class, many of whom are bulk electricity users, shunned the national grid amid its incessant collapse, high cost of electricity, fuel price hikes, and line trippings. Findings from different data sources, particularly from the Nigerian Electricity Regulatory Commission (NERC), showed that …

Following the Nigerian Electricity Regulatory Commission (NERC) approval, Aba Power Limited Electric (APLE), has announced over 50 per cent tariff hike for its customers. The electricity Distribution Companies (DisCo) operates a ring-fenced area in Aba, Abia State. The company announced this in a notice to customers shared on its official X handle. The power company attributed the hike to macroeconomic …

Nigeria exported N181.62 billion worth of electricity from January to September of 2024, analysis of data from the National Bureau of Statistics (NBS) has shown. A breakdown showed that N58.65 billion was exported to Togo, Benin and Niger Republic in the first quarter of 2024 followed by N63.28 billion in the second quarter and N59.69 billion in the third quarter. …

Kaduna electricity consumers have demanded compensation for the persistent collapse of the country’s national grid and the state’s epileptic power supply. The customers made the demand at a three-day customers’ complaint summit organised by the Nigerian Electricity Regulatory Commission (NERC) held in Kaduna, on Thursday. The Head of Manufacturing, R.H. Plastics Limited, Sanjeev Kumar, and another worker of the firm, …

The Federal Government has set aside N700 billion from the federation account for the implementation of the distribution of free electricity meters under the Presidential Metering Initiative (PMI), according to the Special Adviser to the Minister of Power on Strategic Communications and Media, Bolaji Tunji. In a chat with The PUNCH on Friday, he noted that the PMI was on …

Following consistent blackouts in northern Nigeria, the electricity distribution companies in the region recorded approximately N74 billion in losses between July and September, according to data from the Nigeria Electricity Regulatory Commission (NERC). In the first week of November, the country witnessed its 10th national grid collapse in 2024, plunging the entire nation into yet another blackout. Confirming this, the …