Last year, the National Bureau of Statistics (NBS) said the number of Nigerians on estimated billing rose to 7.07 million in the first quarter of 2024. That most of these customers are billed for what ...
The series of interventions by the Federal Government and multilateral loans, which hovers around N1.5 trillion, fall short of providing ...
Last year, the National Bureau of Statistics (NBS) said the number of Nigerians on estimated billing rose to 7.07 million in the first quarter of 2024. That most of these customers are billed for what ...
The indebtedness of federal ministries, departments and agencies (MDAs) may persist, weighing on the financial crisis in the power sector even as the government has allocated N15 billion as part ...
The poor financial capacities of Electricity Distribution Companies, DisCos, their huge indebtedness, and takeover by ...
According to NERC's statement, the fine was imposed because AEDC disregard the commission's prior order restricting projected billing for power users. The fine was outlined in the commission's ...
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NERC gives 4 states control over electricity regulationsLegit.ng reported that Abuja Electricity Distribution Company (AEDC) has been fined N1.69 billion by the Nigerian Electricity Regulatory Commission for overcharging customers. As per NERC's ...
The Nigerian Electricity Regulatory Commission has completed the transfer of regulatory oversight to four states. The states are Enugu, Ekiti, Ondo, and Imo, which are now fully responsible for ...
duly notified NERC and requested for the transfer of regulatory oversight of the intrastate electricity market in Niger State. It directed that Abuja Electricity Distribution Plc (AEDC) to incorporate ...
NERC made this known on its X handle on Monday, listing the states as Enugu, Ekiti, Ondo, and Imo, According to the electricity market regulator, the states are now fully responsible for the ...
“As of January 10, 2025, NERC has commenced the transfer of regulatory oversight to 10 states. Once the transfers are complete, the states will be in charge of regulating their electricity markets.
The Energy Central Power Industry Network® is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other. If you have ...
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