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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 disclosed that Togo, Niger, and the Republic of Benin owe Nigeria $11.57 million for electricity supplied by generation companies (GenCos) under bilateral agreements in the third quarter (Q3) of 2025. The international offtakers include Compagnie Énergie Électrique du Togo, Société Béninoise d’Énergie Électrique of Benin, and Société Nigérienne d’Électricité […]
Continue ReadingIn a suit marked FHC/L/CS/1051/2024, a Federal High Court sitting in Lagos has restrained Ikeja Electric Plc and the Nigerian Electricity Regulatory Commission (NERC) from applying, administering or implementing the purported tariff stipulated in the 2024 Supplementary Order on tariff increase on ‘Band A’ Feeders. Rida National Plastics is the plaintiff/applicant while Ikeja Electric Plc […]
Continue ReadingNigerian Electricity Regulatory Commission (NERC) has asked prepaid meter users to update their meters before November next year. NERC announced the development via its X (Twitter) handle . The commission said prepaid meter users might face difficulties in recharging their meters after November 2024 if the required update is not done before the deadline. Assuring […]
Continue ReadingElectricity customers in Nigeria who paid for prepaid meters under the Meter Asset Provider (MAP) scheme will be refunded, the Nigerian Electricity Regulatory Commission (NERC) has said. NERC said this on Wednesday in an emailed response, through its Head of Public Affairs, Mr. Michael Faloseyi, to questions from The Punch’s correspondent. As a result of […]
Continue ReadingNigerian Electricity Regulatory Commission has said that no tariff increase has been approved by the commission yet. In a statement, Mr Usman Arabi, NERC’s General Manager, Public Affairs, on Friday, in Abuja, said it was still consulting with stakeholders. He said that the commission wished to notify the public that no tariff increase had been […]
Continue ReadingNigerian Electricity Regulatory Commission (NERC) has said it is working on a new cost-reflective electricity tariff regime that is customer-friendly. Chairman of NERC, Professor James Momoh, disclosed this in Lagos at the 2018/2019 Graduation Ceremony of the Eko Distribution Training Programme (EDTP), where 99 staff of the Eko Disco, who participated in the training, were […]
Continue ReadingIn a statement released on Friday, April 12, 2019, Nigerian Electricity Regulatory Commission (NERC) said, it had issued permits to Meter Asset Providers of Ikeja and Benin Disco’s in accordance with Section 4(3) of the MAP regulations. That statement was purportedly released by Dr Usman Arab, NERC’s General Manager, Public Affairs, in Abuja that the […]
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