The Senior Staff Association of Electricity and Allied Companies (SSAEAC) has picked holes on the recent minimum remittance orders issued to Discos by the Nigerian Electricity Regulatory Commission (NERC), saying that salary of workers that collect revenue are not taking into consideration. The union said the NERC which is the[Read More…]
Tag: discos
NERC to Sanction DISCOS for Breaching Capping Order Nigerian Electricity Regulatory Commission (NERC) yesterday gave seven Distribution Companies (Discos) 14 days to explain why they should not be sanctioned for breaching the capping order on estimated billing of customers without meters. NERC’s order 197/2020 placed limits on estimated bills that[Read More…]
DisCos Sue FG Over Interference in Corporate Activities
Nigeria’s eleven Distribution Companies (DisCos) have head to court to restrain the Nigerian Electricity Regulatory Company (NERC) from interfering in their corporate activities unless the boards of the DisCos are duly consulted. The Guardian learnt that the distribution companies, including Abuja, Benin, Eko, Enugu, Ibadan, Ikeja, Jos, Kaduna, Kano as[Read More…]
DisCos have continue to fail consumers – Report
Reports on activities in Nigeria’s power sector which the Nigerian Electricity Regulatory Commission (NERC) made available on on its official webpage have exposed the repeated failures of the regulatory agency in making sure that the Discos deliver efficient electricity services to their customers. The reports which covered the period between[Read More…]
NERC moves to remove tariff related liabilities from DisCos
The Nigeria Electricity Regulatory Commission (NERC) on Thursday moved to remove historical related liabilities from the financial records of DisCos. NERC said that the order No. NERC/196/2020 that it issued yesterday seeks to resolve the continued accumulation of future tariff related shortfalls during the transition to cost reflective tariffs and[Read More…]
NERC condemns DisCos over meters
The Nigerian Electricity Regulatory Commission (NERC) has scolded some electricity Distribution Companies (DisCos) who force customers to clear their bills before they are metered. NERC in a statement by its spokesman, Dr Usman Abba-Arabi said the Commission’s attention was brought to the practice of having customers of DisCos invest in[Read More…]
Electricity consumers to get refund of money from DISCOS – Reps
The House of Representatives is proposing that money spent by electricity consumers to acquire and maintain electrical facilities connected to the national grid be refunded by the distribution company. The distribution companies will be solely responsible for the purchase and maintenance of facilities in the electricity distribution network, as being[Read More…]
DisCos lied, we didn’t direct them to decommission metres – NERC
The Nigerian Electricity Regulatory Commission (NERC) says it has not directed the decommissioning of metres by the Electricity Distribution Companies of Nigeria (DisCos). NERC’s General Manager, Public Affairs, Mr Usman Abba-Arabi, made this known in a statement in Abuja on Friday. Abba-Arabi said that the commission did not also direct[Read More…]
Electricity consumer group faults NERC’s plan to cap estimated bills by DisCos
A group, the All Electricity Consumers Protection Forum on Thursday faulted the plan to regulate estimated electricity bills issued by power distribution companies to their unmetered customers, billed to begin in February. Its National Coordinator, Mr Adeola Samuel-Ilori, told the News Agency of Nigeria (NAN) in Lagos that the Nigerian[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]