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…]
Tag: electricity
Electricity Tariff Hike: Why consumers will pay for more darkness — Experts
In December 2015, when the Nigerian Electricity Regulatory Commission, NERC, with the backing of the Federal Government, carried out the last upward electricity of tariff review, it told Nigerians that the hike would bring about stable electricity supply and finally resolve the problems of the country’s power sector. Specifically, then-Minister[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…]
Consumers will enjoy uninterrupted power supply in no distance time – Momoh
James Momoh, chairman of the Nigerian Electricity Regulatory Commission (NERC), says he has a dream that Nigerians will enjoy uninterrupted electricity supply one day. This is coming less than five days after the national grid collapsed twice within two hours, causing blackout across the country. The Transmission Company of Nigeria[Read More…]
Minor Review of MYTO For NESI
The attention of the Nigerian Electricity Regulatory Commission (the “Commission”) has been drawn to reports in the media that an immediate increase in end-user electricity tariffs has been approved by NERC. The Electric Power Sector Reform Act provides that the Commission shall determine and periodically review electricity tariffs charged by[Read More…]
Reps panel asks NERC to suspend electricity tariff increase
The house of representatives committee on power has asked the National Electricity Regulatory Commission (NERC) to suspend the planned increase in electricity tariff. NERC had directed the electricity distribution companies (DisCos) to enforce an upward review of the tariff starting from April 1. But at its meeting in Abuja on[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…]
Nerc Hypocracy
The feeble denial of Nerc on their website of an existing intending to increase tarrif won’t deter us from the action we have highlighted for ourselves at all electricity consumers protection forum. We won’t let us be caught off guard as it’s obvious the post made here today me must[Read More…]
NERC Hepocracy
The feeble denial of Nerc on their website of an existing intending to increase tarrif won’t deter us from the action we have highlighted for ourselves at all electricity consumers protection forum. We won’t let us be caught off guard as it’s obvious the post made here today me must[Read More…]
Consumer TV
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…]