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‘It’s difficult to sustain’ — Adelabu laments N3trn electricity subsidy bill

    ‘It’s difficult to sustain’ — Adelabu laments N3trn electricity subsidy bill

Adebayo Adelabu, minister of power, says it is difficult for the federal government to continue to subsidise electricity, saying Nigeria’s debt to generation and gas companies is now N3 trillion.

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NERC fines 11 DisCos N10.5bn over ‘arbitrary billing’ of unmetered customers

    NERC fines 11 DisCos N10.5bn over ‘arbitrary billing’ of unmetered customers

The Nigerian Electricity Regulatory Commission (NERC) says it has sanctioned 11 electricity distribution companies (DisCos) for non-compliance with the capping of estimated bills for unmetered customers. In a statement on

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NERC issues power generation, distribution licences to firm

    NERC issues power generation, distribution licences to firm

The Nigerian Electricity Regulatory Commission (NERC) has issued two licences to the Alaro Connect Free Zone Enterprise at Alaro City in Epe, Lagos state.  In a statement on Tuesday, the

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FG approves new tariff for DisCos, to pay N1.6trn electricity subsidy in 2024

    FG approves new tariff for DisCos, to pay N1.6trn electricity subsidy in 2024

The Nigerian Electricity Regulatory Commission (NERC) has approved new electricity tariffs for the 11 distribution companies (DisCos) in the country, with effect from January 1, 2024. Sanusi Garba, NERC’s chairman,

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FG will continue electricity subsidy to ease burden on Nigerians, says NERC

  FG will continue electricity subsidy to ease burden on Nigerians, says NERC

Sanusi Garba, chairman of Nigerian Electricity Regulatory Commission (NERC), says the federal government will continue to subsidise electricity to ease

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N110bn debt: NERC dissolves Kaduna DisCo board, appoints new management

  N110bn debt: NERC dissolves Kaduna DisCo board, appoints new management

The Nigerian Electricity Regulatory Commission (NERC) has dissolved the board of directors of Kaduna Electricity Distribution Company (KAEDC). The dissolution

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NERC: Number of electricity customers hit 12m in Sept 2023 — only 44% are metered

  NERC: Number of electricity customers hit 12m in Sept 2023 — only 44% are metered

Over 12.82 million electricity customers have been registered in the Nigerian Electricity Supply Industry (NESI) as of September 30, 2023.

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NERC: We’ve not approved any new electricity tariff for DisCos

  NERC: We’ve not approved any new electricity tariff for DisCos

The Nigerian Electricity Regulatory Commission (NERC) says it has not issued any directive on the increase of electricity tariff from

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NERC: Electricity subsidy cost FG N204bn in Q3 2023

  NERC: Electricity subsidy cost FG N204bn in Q3 2023

The Nigerian Electricity Regulatory Commission (NERC) says the government incurred a subsidy obligation of N204.59 billion in the third quarter (Q3)

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NERC: Power sector liquidity hit N900bn in 2023 — 219% increase in nine years

  NERC: Power sector liquidity hit N900bn in 2023 — 219% increase in nine years

Nigerian Electricity Regulatory Commission (NERC), says Nigeria’s power sector has witnessed a  219 percent increase in liquidity over the past nine

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