26 results
- 11 Sept 2016
4m Nigerians Without Digital Electricity Meter -NERC
The Nigerian Electricity Regulatory Commission (NERC) has revealed that over four million electricity consumers are awaiting prepaid meters in the country. Dr. Anthony Aka, acting NERC chairman, made…
- 30 Sept 2014
NERC Targets N1trn Revenue from Power Sector by 2016
Dr. Sam Amadi, Chairman, Nigeria Electricity Regulatory Commission (NERC), has said that the revenue from the nation’s power sector would grow to N1 trillion by 2016. Amadi made the projection…
- 13 Nov 2012
Nnaji’s Power Firm Begins Power Supply Next Year
Geometric Power Ltd owned by Professor Barth Nnaji, former power minister will start supplying power to Aba town, Abia State in February, according to a statement by the company’s publicist. This is…
- 7 Nov 2025
Senate Denies $10m Bribe to Obstruct Confirmation of NERC Nominee
The Senate on Friday night halted the confirmation of Mr Abdullah Garba Ramat, as chief executive, Nigerian Electricity Regulation Commission (NERC), following allegations that the leadership of the…
- 8 Dec 2021
UBA Takes over AEDC over Failure of KANN Consortium to Service Debt
Nigeria Electricity Regulatory Commission (NERC) and the Bureau of Public Enterprises (BPE) have approved the takeover of Abuja Electricity Distribution Company (AEDC) by the United Bank for Africa…
- 27 May 2014
Nigerians Get New Electricity Tariffs
From June 1, some electricity consumers will pay far lesser than what they are currently paying for fixed charges and energy consumption. A few others, according to the Nigerian Electricity…
- 4 Mar 2026
NERC Orders DisCos to Refund ₦20.33Bn Meter Costs to Customers
Nigerian Electricity Regulatory Commission (NERC) has ruled in favor of electricity consumers, directing distribution companies (DisCos) to refund ₦20.33 billion in outstanding costs for meters…
- 7 Sept 2025
NASS to Scrap NERC’s Electricity Tariff Bands Amid Public Outcry
National Assembly (NASS) has commenced a review of the 2023 Electricity Act with strong indications that the electricity tariff categories introduced by the Nigerian Electricity Regulatory Commission…
- 28 Aug 2013
Nigerians Pay Inefficient Price for Electricity
Nigerian Electricity Regulatory Commission (NERC) has admitted that consumers are paying inefficient price for electricity but attributed the situation to the unavailability of power supply. Dr. Sam…
- 3 Sept 2014
NERC, EMS Differ over Certification of Power Sector
The Nigerian Electricity Regulatory Commission (NERC) and Electric Management Services Limited are heading to a battle for supremacy over who has the final authority and mandate to do other technical…
- 23 Jul 2024
Reps Ask NERC, DISCOs to Reverse Band A Tariff Hike
House of Representatives on Tuesday asked the Nigeria Electricity Regulatory Commission (NERC) and the distribution companies, DISCOs, to reverse the tariff hike for Band A customers immediately.…
- 15 Jun 2015
NERC Licenses 4 Firms to Generate 774 MW of Electricity
The Nigerian Electricity Regulatory Commission (NERC) has issued on-grid licences to four companies to generate 774 megawatts (MW) of electricity. The companies are to generate electricity from solar…
- 25 Dec 2014
NERC Hikes Electricity Tariff
An amended ‘special’ Multi Year Tariff Order to be known as MYTO 2.1 officially took off Wednesday. Essentially, from yesterday, electricity tariff went up. However, because service delivery has not…
- 18 Feb 2021
NERC Moves to Tackle Load Rejection Issues Between TCN, DisCos
The Nigerian Electricity Regulatory Commission (NERC) says Electricity Distribution Companies (DisCos) will be liable to pay capacity charge for rejecting load allocated to them due to constraints on…
- 24 Dec 2014
CBN Signs MoU with DMBs to Boost Power Supply
Central Bank of Nigeria (CBN) has signed another agreement with the Deposit Money Banks (DMBs) in the country to boost power supply in the country. Leading the signing of the agreement on Monday, in…
- 7 Dec 2021
Buhari Sacks Management of AEDC over Strike by Staff
President Muhammadu Buhari has sacked the management of Abuja Electricity Distribution Company (AEDC) over Monday’s strike by the staff. A statement from the office of Goddy Jeddy-Agba, minister of…
- 26 Feb 2015
Businesses Threaten Shut Down over High Electricity Tariff
Industry owners and employers of labour on Wednesday declared that they would be forced to shut down their operations if the Nigerian Electricity Regulatory Commission (NERC) continues to insist that…
- 1 Sept 2025
FG Threatens to Disconnect GenCos Over Grid Infractions
Federal Government has threatened to disconnect power-generating companies (GenCos) from the national grid if they fail to activate Free Governor Control (FGC) across all generating units, in a move…
- 31 Oct 2013
States Raised N589Bn from Nation's Bourse in 14 years - SEC
State governments have raised N589 billion from the nation's bourse through bonds to finance infrastructure development in the last 14 years, the Securities and Exchange Commission (SEC) has said. Ms…
- 7 Dec 2016
‘Hawk Eye’ Mobile App Launches for National Security & Crime Reporting
In a bid to curb the disturbing nuisances that stem from criminality in our society, Web Asset Limited, a Lagos-based technology company, has launched an interactive crime reporting system tagged…
- 21 Dec 2025
FCCPC Forces Ikeja Electric Into Compliance, Unseals Headquarters After Rights Breach
Federal Competition and Consumer Protection Commission (FCCPC) has secured enforceable compliance from Ikeja Electric Plc, leading to the unsealing of the electricity distributor’s headquarters after…
- 28 Apr 2025
DisCo Must Repay Customers for Transformer Purchases, FCCPC Rules
Federal Competition and Consumer Protection Commission has ordered the Ibadan Electricity Distribution Company to refund whatever consumers invest in buying transformers, poles, cables, and other…
- 25 Jun 2014
Okonjo-Iweala Tasks FIRS on Technology
Dr Ngozi Okonjo-Iweala, minister of Finance, has urged the Federal Inland Revenue Service (FIRS) to deploy more technology-based platforms to boost its operations and revenue collection.…
- 13 Dec 2021
New Board and Interim Management of AEDC Assume Office
A new board and interim management of Abuja Electricity Distribution Company (AEDC) recently assumed office. Victor Osadolor The board is made up of Victor Osadolor as chairman. Osadolor is currently…
- 3 Dec 2025
NEC Endorses N100Bn Overhaul of Police and Security Training Facilities
National Economic Council (NEC) has approved the sum of N100 billion, subject to a final ratification by President Bola Tinubu, for rehabilitation of training institutions for police and other…
- 14 Apr 2025
GenCos Threaten Nationwide Blackout over N4 Trillion Debt
Association of Power Generation Companies (APGC) has warned of an imminent shutdown of power generation plants due to unpaid invoices totalling over ₦4 trillion. This debt comprises ₦2 trillion for…