The Federal Competition and Consumer Protection Commission (FCCPC), said electricity sector related issues were top on its consumer complaints list in the last one year. its Acting Executive Vice Chairman, Dr. Adamu Abdullahi, said aviation and banking related complaints followed electricity on the Commission’s record of consumer complaints received. He[Read More…]
Tag: electricity
Consumer groups ask FG not to remove electricity subsidy
Electricity consumer protection groups on Tuesday advised the Federal Government against the removal of electricity subsidy so as not to create a hike in tariffs. Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning, had disclosed that government was working towards eliminating electricity subsidy to free up funds for[Read More…]
FG tells Nigerians to reject prepaid meters without NEMSA label
The federal government has urged Nigerians to reject prepaid meters with the Nigerian Electricity Management Services Agency (NEMSA) label. NEMSA’s chief electrical inspector Peter Ewesor, charged Nigerians to ensure that meters installed are in line with the approved metering code. Mr Ewesor stated this at a seminar organised by the[Read More…]
FG Directs Reversal Of Electricity Tariff
The Minister of Power, Mr Saleh Mamman, has directed the Nigerian Electricity Regulatory Commission (NERC) to inform all Electricity Distribution Companies(DISCOs) to revert to tariffs that were applicable in Dec. 2020. Mr Aaron Artimas, Senior Special Adviser, Media and Communications to the Minister of Power, made this known in a[Read More…]
Electricity Hike Another Betrayal Of Trust, Says Labour Union
The Trade Union Congress of Nigeria on Tuesday said it is disappointed by the recent hike in electricity tariffs approved by the Nigerian Electricity Regulatory Commission. According to a statement signed by TUC President, Comrade Quadri A. Olaleye, the hike was effected despite negotiations still ongoing with organised labour over[Read More…]
FG Clears Air On Increase In Electricity Tariffs
The Minister of State for Labour and Employment, Festus Keyamo, has insisted that the Federal Government did not increase electricity tariffs. While speaking on Channels Television’s Politics Today on Tuesday, Keyamo, said the FG only adjusted some bands for consumers to pay what they are supposed to pay. He said[Read More…]
New Electricity Tariff Hike Will Reflect Inflation, Forex Rates — NERC
The Nigerian Electricity Regulatory Commission (NERC) has said the new electricity tariff hike would not affect customers being served less than an average of 12hrs of supply per day. NERC said some service bands have been adjusted by NGN2.00 to NGN4.00 per kWhr to “reflect the partial impact of inflation[Read More…]
Nigeria Breaks Record of Electricity Transmission
The Transmission Company of Nigeria (TCN) says the power sector has recorded an all-time national peak of 5,459.50 megawatts (MW). In a statement on Thursday, Ndidi Mbah, TCN general manager of public affairs, said the new record was achieved on October 28. She said the power generated was efficiently transmitted[Read More…]
NERC’s Operating Revenue Increases by 57%
The total revenue accruing to the Nigerian Electricity Regulatory Commission (NERC) increased by 57 per cent in the first quarter of 2020, the power industry regulator, has disclosed. NERC also stated that the total expenditure of the commission rose to N1.94 billion, from N1.74billion incurred in the preceding quarter, noting[Read More…]
DisCos Announces Compliance With NERC Directive on Reduction of Tariff
There are indications that power distribution companies in Nigeria are complying with the directive of the Nigerian Electricity Regulatory Commission (NERC) by suspending their plan to increase electricity tariff. According to a statement on Thursday, the Abuja Electricity Distribution Company (AEDC) said it has suspended the tariff hike until further[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…]