The Nigerian Electricity Regulatory Commission (NERC) says Electricity Distribution Companies (DisCos) metered additional 141,746 customers in August. The commission disclosed this in its August factsheet report on its X handle in Abuja on Wednesday. According to the factsheet, the 141, 746 metered customers are lower than the 159,980 recorded in …
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The Nigerian Electricity Regulatory Commission (NERC) on Tuesday said that Electricity Distribution Companies (DisCos) installed 350,270 meters in the second quarter of 2026. The commission disclosed this in its 2026 second-quarter report, released in Abuja on Monday. According to the commission, the 350,270 meters installed in the quarter under review …
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By Kunle Sanni THE National Bureau of Statistics (NBS) has reported that 58 percent of Nigerian households are connected to the national electricity grid, according to its latest report, the Nigeria Residential Energy Demand Side Survey (NREDSS) 2024, released on Wednesday in Abuja. The survey, conducted across nine states—Akwa Ibom, …
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THE Nigerian Electricity Regulatory Commission, NERC, said discussions were ongoing to transfer the management of the national grid to Independent System Operator in line with the provisions of the Electricity Act 2023 to engender more discipline in grid management. NERC also said that an explosion incident at the Jebba …
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THE Nigerian Electricity Regulatory Commission (NERC), on Friday, June 21, announced the approval of N21 billion for 11 electricity Distribution Companies (DisCos) to provide meters for end-user customers. This was contained in its ORDER NO: NERC/2024/072 on The Operationalization of “Tranche A” of the Presidential Metering Initiative Under the Framework …
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THE Federal Government has said electricity distribution in the country cannot improve because most of the Electricity Distribution Companies (DisCos) in Nigeria are technically insolvent. Chairman of the Nigerian Electricity Regulatory Commission (NERC), Engr. Sanusi Garba, said this on Thursday while speaking at the 8th Africa Energy Market Place 2024 …
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THE Nigerian Electricity Regulatory Commission (NERC) has approved a downward review of electricity tariff for Band ‘A’ customers from N225/kWh to N206.80/kwh. Under the approved review, Band ‘A’ customers who were previously charged N225/Kwh are now to pay N206.80/kwh. The band’s customers are those who enjoy a daily supply of …
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A recent report by the Nigerian Electricity Regulatory Commission (NERC) for the third quarter of last year indicates that the Federal Government paid approximately ₦205 billion in electricity subsidies. The report highlighted that the government’s subsidy obligation for 2023/Q3 amounted to ₦205 billion, averaging N68 billion per month. Newsextra24 understands that …
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A comprehensive list of areas under Ikeja Electricity Distribution Company (IKEDC) that are affected by the new electricity tariff has been compiled. Newsextra24 reported earlier that the Nigerian Electricity Regulatory Commission (NERC) officially sanctioned a substantial hike in electricity prices for customers falling under the Band A classification. The Vice Chairman …
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THE Minority Caucus of the House of Representatives says the hike in electricity tariffs across the country by the Nigerian Electricity Regulatory Commission (NERC) is insensitive, inhuman and uncalled for. Rep. Kingsley Chinda, the minority leader, House of Representative said this in a statement on Friday in Abuja. He said …
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