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Nigerian Electricity Regulatory Commission (NERC) has directed electricity distribution companies (DisCos) to refund a total of N20.33bn owed to customers who paid for meters under the Meter Asset Provider framework. The commission stated that the outstanding sum must be recovered and repaid to affected customers within 12 months starting from March 1, 2026. Under the […]
Continue ReadingNigerian Electricity Regulatory Commission (NERC) has approved the disbursement of N28bn to electricity distribution companies for the second phase of the Meter Acquisition Fund scheme, for the metering of all outstanding Band A customers free of charge. The order, cited as ‘NERC Order No: 2025/10—Order on the Operationalisation of Tranche B of the Meter Acquisition […]
Continue ReadingNigerian Electricity Regulatory Commission (NERC), on Friday, declared that it would deduct N10,505,286,072 from the annual allowed revenues of the 11 power distribution companies during the next tariff review as part of sanctions over their non-compliance with the capping of estimated bills for unmetered customers. NERC disclosed this in a notice obtained in Abuja, stressing […]
Continue ReadingTransmission Company of Nigeria and the Market Operator have begun a massive disconnection of debtor electricity Distribution Companies (Discos) from the national grid over debt. This came after notices of disconnection from the grid served on some of the Discos by the Market Operator. Punch reported that the MO, a division of the Transmission Company of […]
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