The Nigerian Electricity Regulatory Commission (NERC) has granted certificate of ‘no objection’ to 121 metering firms to procure and install electrical meters to yet-to-be metered power consumers in Nigeria through its Meter Assets Providers (MAP) scheme, correspondent has learnt. This was disclosed in a recent document on the MAP released by the NERC in Abuja, […]
Read More
The Nigerian Electricity Regulatory Commission has directed that power distribution companies are to fully automate their commercial system operations in the sector. NERC said such automation would enable the commission to effectively monitor all the funds collected from power users on behalf of the industry by the Discos, as well as enhance the customer services […]
Read More
The Nigerian Electricity Regulatory Commission (NERC), says only four out 11 Electricity Distribution Companies (DisCos) in the country have metered up to 50 per cent of customers under their franchise areas. NERC in its 2018 second quarter report published on its website also revealed that only about 45 per cent out of the total 7,476,856 […]
Read More
Data from the Office of Vice President, Prof. Yemi Osinabajo, indicated that between January 1 and November 30, 2018, Nigeria’s privatised power sector lost a total of ₦487.504 billion revenues due to constraints which included shortage of gas; grid unreliability and distribution limitations. The data obtained by THISDAY from the Advisory Power Team in Osinbajo’s […]
Read More
The Nigerian Electricity Regulatory Commission, NERC, has disclosed that a larger part of the constraints experienced in the country’s electricity sector in the first quarter (Q1) of 2018, was contributed by shortage of gas to power generation companies (Gencos). The NERC in its Q1 2018 quarterly report of activities in the sector, explained that 74 […]
Read More Nearly five years after its privatisation, the nation’s power sector has left most electricity consumers with little or nothing to cheer about as metering remains a key problem, ’FEMI ASU writes Electricity consumers have expressed disappointment as nine of the 11 power distribution companies in the country have not supplied meters to more than half […]
Read More
The total number of electricity consumers with prepaid meters increased by 6.23 per cent to 1,589,805 in the first three months of this year from 1,496,586 in the fourth quarter of 2017. Almost five years after the privatisation of the power sector, many consumers continue to groan over estimated billing as demand for prepaid meters […]
Read More The Federal Government on Monday stated that the Nigerian Electricity Regulatory Commission had several options at its disposal that it could use to enforce the contract mandating power distribution companies to provide meters for their customers and eliminate estimated billing in the sector. According to the Minister of Power, Works and Housing, Babatunde Fashola, one […]
Read More The Federal Government on Monday ordered the Nigerian Electricity Regularly Commission to enforce the contract mandating power distribution companies to provide meters to customers and eliminate estimated electricity bills in the power sector. It said the directive to NERC became vital following the number of complaints coming from power consumers on meters, which the Discos […]
Read More
The management of Ibadan Electricity Distribution Company (IBEDC), said it has made all outstanding payment on the N6billion loan that instigated the suspension of its directors by the Nigerian Electricity Regulatory Commission (NERC). A statement by the Company Secretary, Seye Alayande , said the news of the suspension was received with shock and disbelief. Alayande […]
Read More The Nigerian Electricity Regulatory Commission (NERC) has suspended the Board of Directors and key management staff of Ibadan Electricity Distribution Company (IBEDC) over ₦5.7 billion loan balance d default. The suspension, according to the commission’s Head of Media Unit, Mrs Vivian Mbonu, in a statement yesterday, was “vide its Order No NERC/181/2018 of June 19th […]
Read More
Shell Petroleum Development Company of Nigeria Limited on Tuesday said the Nigerian Electricity Regulatory Commission had renewed the power generation licence for the Afam VI Power Plant. The SPDC said in a statement that the 650 megawatts plant had delivered over 25.97 million megawatts hour of electricity into the nation’s power grid since inception in […]
Read More
